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Engulfing Candles Rate this Topic:
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bryceln
Posted : Wednesday, September 3, 2014 8:59:46 AM
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Joined: 1/10/2013
Posts: 91

Opinions wanted:  Can two dojis be considered an engulfing pattern if the second ones body is big enough to engulf the first.  Or does an engulfing need to be bigger candles.  I am having a debate with a friend because I belive they should be bigger candles.

bryceln
Posted : Wednesday, September 3, 2014 9:01:12 AM
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Joined: 1/10/2013
Posts: 91

Look at NFLX for yesterday and the day before candles.  They are more or less dojis but the second ones body does engulf the first one.

diceman
Posted : Thursday, September 4, 2014 11:15:01 AM
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Joined: 1/28/2005
Posts: 6,049

Its difficult to call an inside day engulfing.

By definition a doji would be relatively easy to engulf based on its real body.

 

 

 

 

Thanks

 

 
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