WELCOME TO THE LECTURE OF TRADE WITH QMN
WHAT IS BEARISH ENGULFING ?
BEARISH ENGULFING IS WORKING FOR BULLISH TRADE CONVERT TO BEARISH TRADE..!!, THE STRATEGY OF BEARISH ENGULFING IS VERY USEFUL AND PROFITABLE.
HOW TO USE BEARISH ENGULFING STRATEGY ?
FIRSTLY, YOU NEED TO LEARN VERY CAREFULLY ABOUT BASICS OF BEARISH ENG. AFTER LEARN, IF STOCK IS CREATING BEARISH ENGULFING CANDLESTICK YOU NEED TO WAIT CLOSE THAT CANDLE AND ENTER IN PUT OPTION OR SHORT SELL. KEEP READY YOUR R:R RATIO ( RISK REWARD RATIO ) JUST FOR EXAMPLE, YOU ENTERED ON NIFTY PUT OPTION AT 10 THEN KEEP STOPLOSS OF 5 AND KEEP TARGET OF 20, RISK REWARD RATIO IS - 5:10. THAT IS GREAT STOPLOSS AND TARGET FOR BETTER YOUR PORTFOLIO AND IF YOU WANT TO INCREASE YOUR ACCURACY FOR BEARISH ENGULFING THEN WAIT FOR CONFIRMATION CANDLE.
WHAT IS CONFIRMATION CANDLE FOR BEARISH ENGULFING ?
CONFIRMATION CANDLE IN BEARISH ENGULFING STRATEGY IS WHEN BERISH ENGULFING CANDLESTICK IS CREATING WAIT FOR CLOSES THE CANDLE AND AFTER THAT, YOU NEED TO DRAW HORIZONTAL LINE TO THE BOTTOM OF BEARISH ENGULFING AND WAIT FOR BREAKDOWN FROM THE CONFIRMATION CANDLE. WAIT FOR CLOSING OF CONFIRMATION CANDLE AFTER THAT ENTER IN BEARISH TRADE VERY SAFELY.
WHAT IS BULLISH ENGULFING ?
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