This scalp strategy focuses on spotting bullish or bearish engulfing candles on the 5–15 minute chart during high-volume moves. Entry is taken on confirmation of the pattern, with a tight 2–3% stop just below/above the engulfing candle. Ideal during trend continuations or fakeout reversals. Quick in, quick out — aim for 1.5–2x risk-to-reward and stay disciplined.
Imagine if this hit $1
Imagine if this hit $1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.