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@ Murugan, the engulfing itself is immature to place the trade. But I have considered the prior 3 candles which is inverted hammer, spinning top and hanging man respectively which occurs in the bullish trend which can be signs of reversal and the bearish engulfing is the 4th candle and I saw it as confirmation for the trend reversal based on 3 prior candles.
By all means the trade went in opposite direction and ideally if I would have placed entry below the low of the bearish engulfed candle the order would have never got executed.
Thanks for looking into this and sharing your feedback, really appreciate that.
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