Reply To: Practical Exercise #5

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Rich FittonRich Fitton

Hi Martyn,

Looking good πŸ™‚ The first 15min engulf on 16/11/15 isn’t a ‘textbook’ example, but you can certainly add a bit of artistic interpretation when you start getting in flow with the price action. You don’t need to be too blinkered by the technical definitions of the patterns – it’s what they are showing you about the underlying buying and selling forces that is important.