Easy Engulfing Patterns

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The engulfing candlestick patterns, bullish or bearish are one of the easiest of candlestick reversal patterns to identify. Because these candlestick patterns are two-candlestick patterns, they are more valid and are often looked upon as reversal patterns. A bearish engulfing pattern is a technical chart pattern that signals lower prices to come. The pattern consists of an up candlestick followed by a large down candlestick that eclipses or "engulfs" the smaller up candle. The pattern can be important because it shows sellers have overtaken the buyers and are pushing the price more aggressively down (down candle) than the buyers were able to push it up (up candle). A bullish engulfing pattern occurs after a price move lower and indicates higher prices to come. The first candle, in the two-candle pattern, is a down candle. The second candle is a larger up candle, with a real body that fully engulfs the smaller down candle. Easy Engulfing Pattern provides a comprehensive dashboard that allows you to view the Engulfing Pattern identified for up to 37 instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. In this way, you do not miss out any trading opportunities even on the go. Below are some of the key features of the app. - Timely display of Engulfing pattern of up to 37 instruments across 6 timeframes (M5 display is only available for subscribers), - Timely push notification alert of identified Engulfing pattern of your favourite instruments on your watch list (M5, M15, and M30 are only available for subscribers), - Display headline news of your favourite instruments, - Economic Calendar of upcoming events Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Engulfing Premium. This subscription removes all advertisements within the app, allows you to view all timeframes (including M5), create alerts for all timeframes (including M5, M15, M30) and supports our development of future enhancements. Read about our Privacy Policy here: http://easyindicators.com/privacy.html Read about our Terms of Use here: http://easyindicators.com/terms.html To learn more about us and our products, please visit www.easyindicators.com . For technical support / enquiries, email our technical support team at support@easyindicators.com Join our facebook fan page. http://www.facebook.com/easyindicators Follow us on Twitter (@EasyIndicators) *** IMPORTANT NOTE *** Please note that updates are not available during weekend. Disclaimer/Disclosure Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors. EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application. The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.