Candlestick Engulfing Pattern Tutorial
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=AKOfdPMQJe8
Japanese candlesticks have one ability that most other chart types don’t – they can show so called “engulfing” patterns. An engulfing pattern is defined as when the open and close price of a bullish or bearish candle are within the range of the open and close price of the candle following them. • When this happens many traders believe it is a sign that a trend has just finished and this is the best possible entry point. That’s the theory but as we know the market doesn’t always answer to predefined rules. • That’s why David Jones includes real examples alongside the theory behind these specific chart patterns. You’ll also see different time frames discussed in terms of how often engulfing candles can happen, as this is an important factor when deciding if you should trust the pattern in different situations. • Visit us at https://trading212.com • • Download our free mobile apps for iOS or Android: • https://trading212.com/GetTheApp • ------------------------------------------------------------------------ • 📲 Trading 212 on Social Media: • / trading212 • / trading212 • / trading212 • / trading212 • https://community.trading212.com • ------------------------------------------------------------------------ • #Investing #Trading #Equities #trading212 • The information contained within the video was correct at the time of recording but may have since changed. • At Trading 212 we provide an execution only service. This video should not be construed as investment advice. Investments can fall and rise. Capital at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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