Engulfing Daily Candle Pattern.
Note
Late update...the following daily candle was a bearish engulfing. The appropriate way to manage the trade would’ve been as follow1. Exit the current buy position for a small loss
2. Enter sell position at 50% of daily candle
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.