The candlestick trading bible

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THE CANDLESTICK TRADING BIBLE 
The daily chart above shows us how this indicator could help us 
execute our trades with confidence; the false breakout of the 
resistance level that was made by the pin bar was a powerful signal to 
short the market. The trade was confirmed by the false breakout of 
the upper band as well. 
Remember that this technical indicator is used just as a confirmation 
tool in range-bound markets, don’t use it to generate signals, use it 
always in combination with horizontal key levels, and you will see how 
this strategy will affect positively your trading account. 
In conclusion, i recommend you to practice these strategies as much 
as you can before you open and fund your trading account. 
 

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THE CANDLESTICK TRADING BIBLE 
The engulfing bar candlestick pattern 
The engulfing bar pattern is one of the most powerful and profitable 
price action patterns, knowing how to use it properly as an entry signal 
will tremendously improve your trading profitability. 
In this section you will learn how to use the engulfing bar pattern 
profitably, it doesn’t matter if you are beginner or advanced trader, if 
you are looking for seriously a better trading strategy more than what 
you have been using. You have come to the right place. 
What is an engulfing bar pattern? 
This reversal candlestick pattern consists of two opposite colored 
bodies in which the second body engulfs or covers entirely the first 
one: 
 
A bullish engulfing pattern forms at the end of a downtrend, it 
provides a clear signal that the buying pressure has overwhelmed the 
selling pressure.

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