Engulfing at support and resistance: what's your confirmation?

An engulfing candle at a key level is the textbook reversal entry — and the textbook fake. The confirmation question (next candle, close beyond, retest) separates the tradeable from the trap.

Engulfing at support and resistance: what's your confirmation? — support and resistance diagram
Price bouncing between support and resistance

What do you require?

  • the engulfing definition you use
  • the confirmation you wait for
  • the engulfing pattern that failed and taught you
Engulfing at support and resistance: what's your confirmation? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The candlestick guide and support and resistance guide cover the two halves.

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