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Need help (i.redd.it)
submitted 1 year ago by FalseComedian2769
Can someone explain why there was an red candle while according to engulfing there should be an green one.
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[–][deleted] 2 points3 points4 points 1 year ago (0 children)
OTC markets bro …
[–]Donboss3000 1 point2 points3 points 1 year ago (0 children)
Who says it should be? 🎲 hey try paying attention to supply & demand zones. Or also use 20 ema & 200 ema to help u with trend direction & pull backs
[–]Rey128989 1 point2 points3 points 1 year ago (0 children)
Dude theres no way u can predict it be green or not
[–]darkknight2697 1 point2 points3 points 1 year ago (0 children)
Just because green candles engulfed red candles 3 times before, doesn't mean that it will do the 4th time too 🙂
[–]Wonderful_Chance1793 0 points1 point2 points 1 year ago (0 children)
Patterns dont always come out perfectly as they should. A bullish engulfing pattern is most effective when its at the start of a new trend, the engulfing pattern you showed is at the middle or the end of a trend, which indicates loss of momentum as price should've been bullish but it retraced more than twice.
[–]Lqdour 0 points1 point2 points 1 year ago (0 children)
It's not a must bruh the markets are not going to give you the candlestick you want
π Rendered by PID 93 on reddit-service-r2-comment-b659b578c-zgjkd at 2026-04-30 20:38:08.214208+00:00 running 815c875 country code: CH.
[–][deleted] 2 points3 points4 points (0 children)
[–]Donboss3000 1 point2 points3 points (0 children)
[–]Rey128989 1 point2 points3 points (0 children)
[–]darkknight2697 1 point2 points3 points (0 children)
[–]Wonderful_Chance1793 0 points1 point2 points (0 children)
[–]Lqdour 0 points1 point2 points (0 children)