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Old 07-18-2008, 09:18 AM
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VulcanClassic VulcanClassic is offline
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Join Date: Dec 2007
Location: Cayman Islands
Posts: 339
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Tymen,

#5 is the long engulfing but it is barely on the BB. It went long after all but I may not have traded it because it was so far off the BB.

I know we're only going long but 6 looks like a short trade to me, then it went long anyway. I guess it depends on what the higher timeframe is doing as well.

Is this pattern only valid for longs? Evening star/abandonded baby for shorts?