Review: MAKE A PROFIT WITH THIS CANDLESTICK PRICE ACTION TRADING STRATEGY
Rating: 5 out of 5
Date: 07 6, 2014
The “Engulfing Bar Setup” differs from the “Pin Bar” in that it is formed by two candles instead of one.  The first candle is smaller and completely included in the range of the following candle, hence the name “engulfing.”  Depending on the situation or chart trend it can signal a reversal or a continuation.  There are two types of this setup; bullish indicates market growth, bearish illustrates a downtrend.  Brionnes effectively defines the technique and gives readers step by step instructions on how to get started utilizing yet another trading tool of Price Action trading.  Excellent job!