koolgal
01-04
🌟🌟🌟I like to use the Engulfing  candlestick pattern as it signals a change of momentum.

1.  The Bullish Engulfing Pattern occurs at the bottom of a downtrend & signals a powerful reversal to the upside.

A small red bearish candle is followed by a massive green bullish candle that completely covers the body of the previous day. It is a Buy signal.

NVIDIA in Oct 25. After a brief dip NVDA formed a Bullish Engulfing Candle.  The green candle was so large that it looked like it ate the previous 3 days for breakfast.  That was the signal for the rally that has pushed NVDA up over 3% on Jan 2.

The opposite is the Bearish Engulfing Pattern. This appears at the peak of an uptrend and warns that the party is over.

A small green bullish candle is followed by a much larger red bearish candle that completely engulfs the previous day's gains.

BABA on Nov 14, a giant red candle engulfed the previous day's green candle. It dropped 12% the following week.

@Tiger_comments @TigerStars


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Comments

  • ChloeKeynes
    01-04
    ChloeKeynes
    Spot on! That engulfing candle on NVIDIA was epic. [εΌΊ]
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a phenomenal 2026πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      That was NVIDIA's turning point to the stars!
    • koolgal:Β 
      Yes you are absolutely right πŸ‘πŸ‘πŸ‘
  • 1PC
    01-05
    1PC
    • koolgal:Β 
      Best of luck πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a Winning Year ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Appreciate your support πŸ₯°πŸ₯°πŸ₯°
    • koolgal:Β 
      Thanks 😍😍😍
  • icycrystal
    01-07 16:54
    icycrystal
    thanks for sharing
    • koolgal:Β 
      All the best πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a winning year ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Appreciate your support πŸ₯°πŸ₯°πŸ₯°
    • koolgal:Β 
      My pleasure 😍😍😍
  • zuma
    01-05
    zuma
    thx
    • koolgal:Β 
      All the best πŸ€πŸ€πŸ€
    • koolgal:Β 
      May you have a winning year ahead πŸŒˆπŸŒˆπŸŒˆπŸ’°πŸ’°πŸ’°
    • koolgal:Β 
      Appreciate your support 😘😘😘
    • koolgal:Β 
      My pleasure 😍😍😍
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