Skip to main content

Home/ Web2.0/ Engulfing candlesticks in scalping setups?
davinard

Engulfing candlesticks in scalping setups? - 2 views

started by davinard on 06 Jun 25
  • davinard
     
    Is it realistic to use engulfing candlestick patterns for scalping, or is it too noisy on lower timeframes? I'm experimenting with M1 and M5 charts and occasionally see engulfing formations, but I'm not sure how reliable they are for fast trades.
  • vladislavae
     
    I've actually tested the engulfing candlestick setup for scalping, and while it's not perfect, it can work with the right filters. I focus on structure breaks - like if price reclaims a range low and prints a clean bullish engulfing right after, I'll enter with a tight SL. I don't use it alone though - I layer in order flow, volume spikes, and time of day. For example, near NY or London open, engulfing candles tend to have more weight. On the flip side, during dead hours, it's usually just noise. So the pattern's valid, but only if context supports it.
  • davinard
     
    Solid. That example with structure reclaim helps me rethink how I look at them during scalps. Appreciate the nuance - not all candles are created equal.

To Top

Start a New Topic » « Back to the Web2.0 group