To glundi2 :
Thank you for visiting my thread.
At the moment we are looking at long engulfing patterns.
By definition, they are traded long, so to answer your question - we are buying when we enter.
We then hope for the price action to go up.
To Maverick731 :
All the Bollinger bands have the same settings regardless of timeframe - the standard settings.
They are period = 20, deviation = 2
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