MTF Engulf / Engulf fail

Quoting Inthebox

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since we are here for mtf engulf in this thread, i want to talk about QM quasimodo. whether you know it or not, it is another form of engulfing that i am showing. QM has a H L HH LL in m1. you can recognize it by drawing the lines or with the 2 red candle boxes. the right one engulfs the left one. price returned to the QML level a few times and got rejected. if you would go to higher time frames, you can see the 2 candles, the right engulfing the left. {image} {image}

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Quoting birdland

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{quote} interesting, i know the formation from earlier stock trading, called "hanging head&shoulder" formation. {image}

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Quoting Inthebox

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{quote} there is a difference between the 2. {image}

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Quoting birdland

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{quote} yes i know, but the pattern itself in the hanging H&S looks the same. wait... i see the line of the left to the right shoulder is not there, so its a bit different then.

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Quoting Inthebox

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{quote} there is still hope to reach target with LHLL. {image}

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Quoting ajentha

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Dear IntheBox, Thank you for your teaching. I move forward step by step. In the news time TP or SL hit - let see {image}

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Quoting Inthebox

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{quote} {image}

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Quoting Inthebox

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{quote} {image}

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Quoting Inthebox

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{quote} why dropped from there? {image}

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Quoting imifx

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Hello EG&EGF gang, not trading much due to illness but found a sniper entry late night yesterday and TP hit today. {image}

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Quoting Inthebox

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nasdaq. qm after nyse open. {image}

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