How to Trade Bullish Engulfing Candle the Right Way

Hi Traders,
This will be a tutorial on how to trade the bullish engulfing candle. Here are some points to check before trading a bullish engulfing candle:-
1. Trade this pattern only after a previous downtrend, or it can be an exhaustion candle which will result in loss.
2. The Engulfing candle has to break through and close above a key level or it can result in a pullback from the key level and
the trend may continue.
3. Trade after you get a confirmation in the form of rejection of price from the support level.

If u want to know more on this topic or any other comment below.
Happy Trading.....