DislikedI like to pose a question. In the chart below, inside the blue box, would you consider that a Bullish engulf candle or not? and if Yes.. would you trade it? Thx {image}Ignored
it is extremely relevant to have a CLEARLY DEFINED setup - otherwise everybody does different things when he follows your trading plan.
If you find the time to study the books describing engulfing patterns you will find that there are different definitions in the world of what exactly counts as an engulfing pattern.
People take this sort of thing for granted all the time but it sometimes is the reason for the difference between a winning and a losing trade.
Best of luck to you and your thread.