This strategy we can use when we analyze daily candlestick. First, we need to find an Engulfing pattern – bullish or bearish and then make trade the next day after a pullback. Usually, after the Asian session and before the European opening range, we can set pullback. Then we need to create an order :
But if you see an Engulfing pattern
stop-loss previous day low
target weekly resistance
Sell if you see a bearish Engulfing pattern
stop-loss previous day high
target weekly support
You can buy Engulfing Pattern EA and using this EA to avoid false signals, using B. Band to make a better analysis.