candle stick pattern

Bullish Engulfing Candlestick Pattern

In this article we will discuss how to trade bullish engulfing patterns. 1. What is a Bullish Engulfing Pattern? A bullish engulfing bar or bullish engulfing candle typically forms after an extended fall in the market. It signlas the point where the bears have started to book profits and bulls have started to show interest. The following pointers will help you to identify a bullish engulfing pattern 1. Previous candle is a red candle.

Trading the Inside Bar Candlestick Pattern

The inside bar is a popular breakout system that offers quick results.The pattern formation occurs frequently in the market. The pattern signifies the markets unwillingness to push price higher or lower, and hints to the temporary indecision in the market. Getting a hang of the inside bar strategy can boost a trader’s profit. In this article let us dig deep into the inside bar trading strategy. What does an inside candle mean?