After a price rise, the latest green candle was engulfed by a red candle, establishing the Bearish engulfing patter. Entry point A for short position is (607.8), which is low of engulfing candle, the Stoploss is point B (636.7) which is high of the two engulf candles, the short covering target as set at point C(578.9), the target was reached in 2 days.

2 Comments
  1. Naresh 5 years ago

    Hi,
    You’re doing fine!

  2. Author
    Allen 5 years ago

    Thank You. 🙂

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