I’ve noticed that bullish engulfing patterns sometimes work and sometimes don’t, and I’m trying to figure out when they are actually reliable. Do they work better in certain timeframes or at specific levels like support zones? Or is it more about the size of the candles involved? Would appreciate any input from those who use this regularly in their trading.

In my experience, a bullish engulfing pattern is most reliable when it appears after a clear downtrend, ideally near a support level or after some oversold conditions. The bigger the second candle, the better — it should completely cover the previous one and close near the top. Also, I use the bullish engulfing pattern in confluence with other tools — for instance, if there’s a bullish divergence on RSI or a rising trendline nearby, that’s usually a strong setup. But context is everything — in ranging markets, this pattern can be misleading. I prefer using it on daily or 4H charts, not on lower timeframes where there’s too much noise.

Yep, context really changes the game. I used to look at the pattern in isolation, but adding divergence and zones helped filter out the bad ones. Appreciate the clear breakdown!