CTB P4

A bearish engulfing pattern occurs at the end of an uptrend

The engulfing bar pattern is a reversal pattern that consists of _____

The engulfing bar pattern must meet the three important criteria below to be considered

Trading the engulfing bar pattern with the trend is the easiest way to make money in the market

It is very important to calculate your risk to reward ratio before taking any trade

Always make sure your trade has a potential of 2:1 risk to reward ratio or better

It is not recommended to use a 200 MA in ranging markets

In a ranging market if all conditions are met take an order immediately after the price action signal forms and

We have a trend line connecting swing highs,trend line acts as a resistance level & the formation of engulfing bar shows

When an engulfing bar pattern forms near a support that used to be resistance it is a strong signal that the market

The second body of an engulfing bar pattern completely engulfs or wraps around the previous candle entirely

You can trade a ranging market by waiting for price to approach support and resistance, by waiting for a breakout or by

Supply and demand areas are more powerful than support and resistance, it is the place where

The bullish engulfing pattern forms at the end of a downtrend, it provides a clear signal that the

The three criteria below define high quality supply and demand areas

When the market approaches these supply and demand zones, we see a crazy move (reaction) from these levels

In an uptrend the trend line acts as

A bullish engulfing pattern is a top trend reversal indicator, it tells us that the

The most important Fibonacci retracement levels are the 50% and the 61% Fibonacci retracements

Based off the image below, would you enter the trade?

The secret behind supply and demand areas is that big players put their pending orders there

When you set your stop loss and take profit, don’t look back, let the trade play out and only move SL to trail

Successful traders don’t risk more than 2% of their equity on each single trade

The engulfing bar pattern is one of the most powerful and profitable price action patterns

You can use a crossover strategy with the 21 and 8 MA as