"Bullish Engulfing Bar" and "Bearish Eng" Trading
Hello everyone.
My name is Yuya.
I'm Japanese and have no confidence in English sentences, but I'm happy if you can read them.
I only trade when the engulf bar appears.
An engulfing bar refers to the candlestick behind it.
Pictures refer to the following websites.
https://forex-station.com/app.php/attach/file/3341976
Write a simple trading strategy.
★ If the “bullish engulfing line” appears near the support line in the long term, go long.
Stop loss is accomplished by updating the low price of the Bullish Engulfing Bar.
Take profits near the resistance line.
For shorts, the opposite is true.
To quickly recognize this sign, I made a simple indicator.
If the "Bullish Engulfing Line" and "Bearish Engulfing Line" appear, it is an indicator that sounds an alarm.
Another person did it, but had an indicator that skipped the notification "discord" when the alert occurred.
https://discord.com/
This is very convenient as it notifies you in real time.
Finally, the hour bars I see for this symbol are the 1 hour bar and the 4 hour bar.
I usually work, so I don't like short 15-minute columns.
I will write the currency pair transactions that I have time to notify in this post, please take a look.
My name is Yuya.
I'm Japanese and have no confidence in English sentences, but I'm happy if you can read them.
I only trade when the engulf bar appears.
An engulfing bar refers to the candlestick behind it.
Pictures refer to the following websites.
https://forex-station.com/app.php/attach/file/3341976
Write a simple trading strategy.
★ If the “bullish engulfing line” appears near the support line in the long term, go long.
Stop loss is accomplished by updating the low price of the Bullish Engulfing Bar.
Take profits near the resistance line.
For shorts, the opposite is true.
To quickly recognize this sign, I made a simple indicator.
If the "Bullish Engulfing Line" and "Bearish Engulfing Line" appear, it is an indicator that sounds an alarm.
Another person did it, but had an indicator that skipped the notification "discord" when the alert occurred.
https://discord.com/
This is very convenient as it notifies you in real time.
Finally, the hour bars I see for this symbol are the 1 hour bar and the 4 hour bar.
I usually work, so I don't like short 15-minute columns.
I will write the currency pair transactions that I have time to notify in this post, please take a look.






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