So today I am going to tell you about one of the easiest of technical analysis/concept!!!😎

"ENGULFING BAR PLAY" - And there are just 2 rules to follow!! 🤫 >90% winrate

The 2 rules are mentioned below

1. ENGULFING BAR (candle) must take out the high of prior candle

2. Must close below the prior candle opening price

(Picture Attached)

In the next step using your Fib Tool divide the 'ENGULFING BAR CANDLE' into 4 equal quadrants. Picture Attached

Now we can predict that the candle that will be formed after the Engulfing Bar will come to 0.75, 0.5 or 0.25 Fib levels and after that it will expand lower.

Picture Attached

Allowing us to capitalize on by just entering SHORT POSITION on the manipulation. Picture Attached

The first target of profit should be the Engulfing Bar low. After booking initial profits at Engulfing Bar low let the rest of the trade continue if you want

In case of LONG POSITIONS reverse the process and you will get where to enter long 🫡

SUIUSDT example is also given

NOW GO OUT THERE & MAKE SOME MONEY 💰