Cryptocurrency Q&A
What timeframe is bullish engulfing?
What timeframe is bullish engulfing?
DigitalLegendGuard
Sun Dec 22 2024
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7 answers
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I'm wondering about the specific timeframe that is considered bullish engulfing in the context of technical analysis. I want to understand the duration or period this pattern typically occurs within.
7 answers
MysticGalaxy
Tue Dec 24 2024
This pattern is typically observed in the area of low prices.
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charlotte_anderson_explorer
Tue Dec 24 2024
For timeframes up to the H1 timeframe, the formation of this pattern primarily occurs during price corrections.
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Lorenzo
Tue Dec 24 2024
The appearance of this pattern at the bottom serves as a cautionary signal.
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Margherita
Tue Dec 24 2024
It suggests that the price is poised for a reversal.
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Maria
Tue Dec 24 2024
On higher timeframes, starting from the H4 timeframe, the pattern conveys a more potent signal for a trend reversal.
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