Recent content by Trader8472

Need to check the placement of the candle such as on a natural support (such as EMA200) or on a price support /resistance or trend line. Also the Timeframe is important as M1 patterns are very weak.

Using engulfing on Support / Resistance flip then retest. Look for it on Support / resistance hold also. Also if using M15 check for wicks such as one long wick or 4 or 5 candles all wicking at the support resistance and then it should hold.