Review: Well Written
Rating: 5 out of 5
Date: 07 3, 2014
Trading perspective, I have no idea what "Engulfing Bar Setup" really means until now. I understand that the engulfing candlestick pattern has two candlesticks. The body of the second bar completely engulfs the body of the first bar. It represents a total change of market sentiment. An engulfing candlestick in the right context offers a high probability trading setup and seems to be a reliable trading methods.