In this exercise learned about Candle Stick Analysis,DOJI,Hammer and Hanging Man.
, , Candlestick Analysis, doji, Engulfing, evening star, hammer, hanging man., morning star, piercing
, , Candlestick Analysis, doji, Engulfing, evening star, hammer, hanging man., morning star, piercing
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Bullish View
Bearish View
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
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FEDERAL BANK – BEARISH ENGULFING October 17, 2019
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Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
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Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
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Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
Hi,
Your Question 1 :: In a bullish engulfing, How to calculate entry & stoploss
Your entry should be just above the upper tail
The stop loss for the trade would be at the lowest low of the pattern
Your target should be based on the height of the pattern
Your Question 2 :: In a bullish engulfing,can gap down appears
Yes… In this case, the stock opens below the previous day’s close and attempts to make a new low. However, at this low point of the day there is a sudden buying interest, which drives the prices to close higher than the previous day’s open. This price action forms a blue candle