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AGRAWAL TECHNICAL

ANALYSIS GURUKUL
FIRST LEARN THAN EARN…..

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BEARISH ENGULFING

2 CANDLESTICK PATTERN:
1ST CANDLE BULLISH SMALL CANDLE
2ND CANDLE BIG BEARISH CANDLE
COVER/ENGULF THE 1ST CANDLE
BODY

CONDITION-BEST AT UPTREND
CANDLE’S SHADOW SMALL.
SELL RATE= (2ND DAY HIGH +LOW)/2
BEARISH CANDLESTICK REVERSAL
SL= 2ND DAY HIGH ABOVE
PATTERN.
POINT VALUE= 2ND DAY HIGH-LOW

TARGET=SELL RATE-POINT VALUE

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