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Bout to bag in another $10k. Really love this
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The first filter is the confirmation close. Earlier, I mentioned that one of my proprietary filters is necessarily
built-in to the bearish engulfing pattern. This is what I was referring to.
The confirmation close is simply one additional clue that the trend is likely to reverse. It occurs, in the case
of a bearish engulfing pattern, when the second candlestick in the pattern closes below the real body of
the first candlestick
As you can see, the engulfing pattern has it’s own confirmation candle built right in. In the case of the shooting
star, I would still be waiting for a confirmation down because it did not close below the real body of the previous candle.
If you want to learn in depth and take your trading to the next level, i highly recommend you to act right
now and get your copy of the candlestick trading bible.it is my work, and it helped thousands
of traders become profitable.if you are interested click on the link in bio or send me a private message.
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