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Engulfing Sweeps - Milana Trades

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Engulfing Sweeps
The Engulfing Sweeps Candle is a candlestick pattern that:

1)Takes liquidity from the previous candle’s high or low.
2)Fully engulfs previous candles upon closing.
3)Indicates strong buying or selling pressure.
4)Helps determine the bias of the next candle.
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Logic Behind Engulfing Sweeps
If you analyze this candle on a lower timeframe, you’ll often see popular models like PO3 (Power of Three) or AMD (Accumulation – Manipulation – Distribution).
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Once the candle closes, the goal is to enter a position on the retracement of the distribution phase.

How to Use Engulfing Sweeps?
Recommended Timeframes:

4H, Daily, Weekly – these levels hold significant liquidity.
Personally, I prefer 4H, as it provides a solid view of mid-term market moves.

Step1 - Identify Engulfing Sweep Candle
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Step 2-Switch to a lower timeframe (15m or 5m).And you task identify optimal trade entry
Look for an entry pattern based on:
FVG (Fair Value Gap)
OB (Order Block)
FIB levels (0/0.25/0.5/ 0.75/ 1)
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Wait for confirmation and take the trade.
Automating with TradingView Alerts
To avoid missing the pattern, you can set up alerts using a custom script. Once the pattern forms, TradingView will notify you so you can analyze the chart and take action. This approch helps me be more freedom

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