The red candlestick is not an engulfing candlestick in Forex

You can see how this red candlestick is not an engulfing candlestick, it is an engulfing candlestick because it ate the last several candlesticks here it is not A engulfing candlestick, the little blue candlestick is because it did not eat the last one or two candles, so an engulfing candlestick is when it eats at least one candlestick over Its left whether it’s on the upside or it’s on the downside without this, it’s not an engulfing candlestick, and this here is a perfect example of a beautiful strong bullish candlestick that ate up the last 6 seven candlesticks in one day.

The red candlestick is not an engulfing candlestick in Forex

So this candlestick is 7 days ahead of everyone else, obviously you can then see how the market has followed the uptrend and this confirms that this will be the winning trade, i.e. the winning car in the race, this applies to this candlestick which applies to any time frame One It doesn’t matter if you’re on The Daily It doesn’t matter if you’re on The Daily One as long as you have your engulfing candlestick.

It is expected that the market will go to this favor because the market shows its hand first. It does not matter if you are betting on car races or if you are reading about RC car races out there at the end of the day, whoever comes out has the lead, so it simply makes sense to bet on that person versus that person. This is not the case now all these candlesticks together create patterns you can see the same pattern heading to the upside.

Seeing the same patterns trending to the downside of Forex

You can see the same patterns trending to the downside which takes me to my next point which will be the candlestick patterns that the market is showing you and now these patterns are almost like where Waldo is, once you find Waldo in the map of where he’s going to be, you almost can’t unsee it as if that’s Impossible in fact.

Once you spot it, and that’s it, there’s no going back, you know where it stands in the same thing going on here once you spot these patterns in the market, you can’t unsee them as if they were right in front of your face, they will be there permanently now every time, and I about to discover something for you guys that you probably didn’t know you missed out on by not identifying the markets correctly the way you should know by now.

Forex head and shoulders pattern line chart

This market that you see in front of you here is not only we are on the line chart just to make this a very simple introduction but there are two different types of candlestick patterns in this section, here you have the head and shoulders pattern, and the inverted head and shoulders pattern and it may not be very clear now but once you figure it out, You’ll have an aha moment and you’ll be like where you’re going, it’ll be impossible not to see what you’re about to see.

So this market is here actively now the first thing you always have to do is focus on the first things first which is where the market is now where the price and the price is at that particular point so that’s where you’re going to start working your way down and you’re going to start working from there To this point from this point to etc. So you can identify that this market is bullish, it’s creating higher highs and it’s creating higher lows.

What style would you order well?

So this market is a buyer market now this positively trending market was made as a result of the new example, what example would you ask well make it direct to where it would be a rearranged head and shoulders design which would be this example as of now here so it’s A modified head and shoulders design is something contrary to a head and shoulders. Transformed head and shoulders designs ordinarily happen at the lower part of the pattern as an inversion, and afterward, the head and shoulders happen at the highest point of the pattern as an inversion from the point there.

These patterns are used as reversal patterns, so this is an inverted head and shoulders pattern that happened at the bottom of the trend and then turns this market to the upside, if you notice that, adding a little bit more to the left will be a full head and shoulders pattern and then creates a reversal of the market To the downside so you can see how this head and shoulders pattern created a bear market and then you can see how this head and shoulders pattern created a bull market.

Reversal patterns in Forex trading

These reversal patterns occur at highs and lows. Market as reversal patterns, which is the strongest pattern you can see in the market and it is very obvious that once you see it you cannot remove it.

It is very clear that this is a left shoulder and this is a head and then this point here is another right shoulder, it is impossible to have a head and shoulders pattern without a left shoulder, a head, and a right shoulder confirming that it has been broken through the neckline, now many people may think that This here could potentially be a head and shoulders pattern This here is not a head and shoulders pattern because it can do this.

Where have head and shoulders patterns gone well?

It never existed, the head and shoulders pattern only existed once it broke and held the neckline of the head and shoulders so this would be the neckline at this point here which is what is being supported by the support level so the support is the neckline of the head and shoulders which It’s created from what are these elbow points and that’s going to be these market structure points here that are going to be supported by this support and so the only way to get a confirmation for the head and shoulders is once the neckline breaks through the head and shoulders and the same thing applies when you have a head and shoulders And inverted shoulders.