1 00:00:00,660 --> 00:00:05,040 Now, the next reversal pattern is very single thing. 2 00:00:05,340 --> 00:00:10,020 Now you'll understand every single thing quickly because we have already spent a lot of time on bullish 3 00:00:10,020 --> 00:00:12,210 engulfing and bullish engulfing. 4 00:00:12,210 --> 00:00:15,060 We had two scandals that this first one was rated. 5 00:00:15,060 --> 00:00:17,340 Second one was green and green, closed above. 6 00:00:17,370 --> 00:00:22,200 So here in this case, we have two scandals, namely, first, the scandal. 7 00:00:22,410 --> 00:00:23,940 And second is a very scandal. 8 00:00:24,000 --> 00:00:26,970 Remember, that market is in uptrend and in uptrend. 9 00:00:26,970 --> 00:00:28,590 This scandal is coming. 10 00:00:29,190 --> 00:00:31,380 So that shows that bulls were in control. 11 00:00:31,390 --> 00:00:32,640 Then what happens? 12 00:00:32,640 --> 00:00:33,930 Market opens gap. 13 00:00:34,200 --> 00:00:35,240 So this is the open. 14 00:00:35,640 --> 00:00:40,350 So at the time of open bulls are in control and will try to push market up. 15 00:00:41,400 --> 00:00:47,050 But then there's the control bull market down and market closes. 16 00:00:47,100 --> 00:00:53,150 This is a closed market closes below the low of previous scandal. 17 00:00:53,850 --> 00:00:54,870 So this is very important. 18 00:00:54,870 --> 00:00:57,890 This close should be below the low of this bull scandal. 19 00:00:57,900 --> 00:01:01,620 When this happens, we can say this, that very single thing is formed. 20 00:01:01,830 --> 00:01:09,060 And this is an indication that the market can reverse its direction and it can be a start of bearish 21 00:01:09,060 --> 00:01:09,520 trend. 22 00:01:10,230 --> 00:01:13,350 So here we have two scandals as a Tolu market. 23 00:01:13,350 --> 00:01:18,990 Should we not train for scandals, bullish secondees, bearish, which opens and closes below previous 24 00:01:18,990 --> 00:01:20,150 low here. 25 00:01:20,160 --> 00:01:21,090 What does it indicate? 26 00:01:21,090 --> 00:01:26,850 Indicate that buyers are losing the strength and sellers are gaining the control of the market. 27 00:01:27,450 --> 00:01:32,660 When this comes, you should go short on the next scandal if it opens bearish. 28 00:01:32,670 --> 00:01:35,760 So we are to see the opening of the next scandal. 29 00:01:35,760 --> 00:01:46,950 If open up next scandal is either seen or below this particular close, then you have to go short on 30 00:01:46,950 --> 00:01:50,510 the market and you have to take benefit of falling market. 31 00:01:50,790 --> 00:01:53,790 Let's go on to the chart and see if you can see some single thing. 32 00:01:55,240 --> 00:02:00,610 This is a chart of Nifty 50 index, can you spot a bearish engulfing in this case? 33 00:02:03,810 --> 00:02:06,690 I think there are two, three very single thing that I can see here. 34 00:02:07,940 --> 00:02:12,050 The one which I am referring to is this one over here. 35 00:02:14,010 --> 00:02:16,420 This is a burish engulfing wedding. 36 00:02:16,830 --> 00:02:23,220 This is the first candle, which is green, one second can open high closed below the low of this. 37 00:02:23,400 --> 00:02:33,030 And second candle, as you can see, open just near the close of this very candle. 38 00:02:33,030 --> 00:02:39,580 So you can take this tree and then you can see there is a sharp fall and market fell sharply. 39 00:02:40,110 --> 00:02:48,570 There is another burish engulfing that I can show you is here because the market is an uptrend. 40 00:02:49,560 --> 00:02:58,020 There is a very single thing that is good and fun, and then you can find out if next candle opens. 41 00:02:58,970 --> 00:03:01,810 Bearish and if that is happening, then you can go short. 42 00:03:02,300 --> 00:03:07,400 You have to apply this rule every time when we are when we are trading reversal patterns, we have to 43 00:03:08,270 --> 00:03:10,960 stick to three things which have been repeatedly telling you. 44 00:03:10,970 --> 00:03:13,790 First is we have to see whether in case of. 45 00:03:14,630 --> 00:03:17,570 Very important we are to see what that market is in uptrend or not. 46 00:03:18,110 --> 00:03:24,330 Second, we have to see the pattern which is getting from Third World to see next can open. 47 00:03:25,220 --> 00:03:27,130 Fourth, we have to see this reward. 48 00:03:28,100 --> 00:03:32,740 If these four are supporting, then you can consider that trade. 49 00:03:33,410 --> 00:03:41,990 And if it is supported by support, resistance, trend line and volume, then it is an additional advantage 50 00:03:41,990 --> 00:03:42,750 that you have. 51 00:03:43,070 --> 00:03:47,260 But yes, even if these four things are OK, then you can go with it. 52 00:03:47,900 --> 00:03:50,600 If this happened, then they will give you more confidence. 53 00:03:51,680 --> 00:03:52,040 Fine. 54 00:03:52,640 --> 00:04:02,630 So this was about Burish engulfing, I hope, your understanding this as compared to bullish patterns, 55 00:04:02,780 --> 00:04:11,120 as I told you, that bearish patterns, they are more convincing because market falls at much faster 56 00:04:11,120 --> 00:04:14,020 speed as compared to its rise. 57 00:04:14,030 --> 00:04:16,160 So you might have seen that one market falls. 58 00:04:16,160 --> 00:04:20,030 It falls very sharply, but when the market rises, it rises very slowly. 59 00:04:20,480 --> 00:04:26,210 There is a saying in the market market, when it goes up, it takes stairs. 60 00:04:26,420 --> 00:04:30,080 And when it comes down, it takes the elevator. 61 00:04:30,470 --> 00:04:37,460 That is that is what happens when there is a ceiling, there is a panic and you can see a sharp sell 62 00:04:37,460 --> 00:04:39,020 off when this happens. 63 00:04:40,000 --> 00:04:40,370 Fine. 64 00:04:40,780 --> 00:04:46,210 Now let's go to the next button and see what exactly it says.