How to Trade Bearish Engulfing Candle

A)What is Bearish Engulfing? # When a Red strong candle covers up previous green candle, it’s a clear sign that stock is weakening and we should make a sell trade,

 B)What should be Stop Loss? # High of Entry candle should be your Stop Loss,

C)What should be the Target?  # Your target should be equal or more then the risk amount,

D) Significance of Volume # Bearish Engulfing Pattern should have lighter volume in first candle(Green) and a heavier volume should occur on the second Candle(Red), this kind of volume spurt increase the significance of pattern

E) In the under given chart we traded TCS on a intraday basis with the help of Bearish Engulfing Pattern,

F) Bearish Engulfing Pattern
When two or more red candle engulf  strong bullish green  candle lets discuss in detail with real Trade example

we can see strong bullish candle is totally dominated by next 2 successive red candle,Lets take another example of this chart pattern

we can see strong bullish candle is totally dominated by next 2 successive red candle,
This strategy should be applied only if you are reversal trader (not for Trend follower)
Risk reward ratio / जोखिम प्रतिफल अनुपात # 1:1
Entry after 2 red candle & SL should be high of Green candle

                                              Can we call it Bearish engulfing pattern

one can say its a sign of Bearish Engulfing pattern but  something is missing
Lets have one more example of Bearish Engilfing Pattern….