Floating engulfer

A normal bullish engulfer is a red candle, followed by a green candle, that completely engulfs the body of the previous candle.

A bullish floating engulfer is a green candle, followed by another green candle, that completely engulfs the top wick of the previous candle.

Rules:

  1. Same colour as previous candle
  2. Needs to close above the high of the previous candle
  3. Needs to close within the top 25% of its range