COST Candlesticks: Engulfing Body vs. Full Range
Summary
Hollow Point Trading shares a short lesson on whether an engulfing candle must cover the body or the entire range. Using a historical Costco IEX example from October 8, 2026, it compares the 13:45 candle’s open and close with the next candle to clarify the distinction between an engulfing body and an outside candle.
https://youtu.be/pWTX5x9VG6w
COST candlesticks: engulf the body or the entire range? #Shorts
An engulfing body and an outside candle are different tests. In this historical Costco IEX example from October eighth, twenty twenty six, the thirteen forty five candle opens at nine forty five point six four and closes at nine forty six point one nine. The next candle opens at nine forty six point oh three and closes at nine forty two point se...
