Engulfing Candlestick Pattern Trading Strategy Tested 100 Times – Full Result

Today I test the popular bullish and bearish engulfing candlestick pattern with a simple trading strategy to see if it really puts the odds in your favor over a series of 100 trades. This was only done with signals given by the tradingview candlestick pattern finder. This is tested on Bitcoins 4 hour chart but will likely produce similar results on forex pairs and stocks.

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