Trading Strategy Bullish Engulfing
The formation Bullish Engulfing represents combination from tree candlesticks the first two of them are bear candlesticks (decreasing) and the third candlestick is bullish (rising) . In order to fulfill bullish engulfing the last candlestick (bullish) should swallow with its hole body the previous candlestick as it’s shown in Figure 1. It’s preferable for you to use a chart with duration of at least one hour . When you are trading with binary options you can use this strategy for options with one-hour expiry.
This Trading Strategy is provided by Dimitar Petkov
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