Prince Abubakar University Teaching Hospital Anyigba currently under construction by the administration of His Excellency, Governor Yahaya Bello of Kogi State. *** Governor Yahaya Bello at work on the age-old erosion ravaged section of the road from Anyigba to the headquarters of Dekina LG and to the neighboring Bassa LG.*** Ultra-modern General Hospital, Under Construction At Isanlu-Yagba East LGA-Kogi State. Similar projects ongoing simultaneously in two (2) other locations in the state, ie, Gegu in Kogi LGA and Eganyi in Ajaokuta LGA*** The World Bank commended Governor Yahaya Bello for refunding $4.63 million surplus funds under the Nigeria Erosion and Watershed Management Project (NEWMAP)***  This app, is an Audio/visual excursion into the stewardship of His Excellency, Governor Yahaya Bello*** 

GYB salutes Kogites at Eid-el-Kabir

Eid-el-Kabir: Embracing the Spirit of Sacrifice and Generosity

On this joyous occasion of Eid-el-Kabir, as we celebrate Prophet Ibrahim’s unwavering devotion and obedience to Allah, I extend my heartfelt congratulations to Muslims around the globe.

Today, let us draw inspiration from the exemplary virtues demonstrated by Prophet Ibrahim: his sacrifice, patience, steadfastness, generosity, and unwavering obedience to Allah’s command and constituted authority. These qualities should guide us as we face the contemporary challenges of nation-building, reminding us of our shared heritage and the destiny of national greatness that awaits the people of Kogi State, both within and outside the country.

The progress we have achieved in the past seven years would not have been possible without the sacrifices, understanding, and commitment of our citizens. It is their unwavering support that has propelled us forward.

In my first term as Governor of Kogi State, the pursuit of harmony, cohesion, unity, security, political stability, progress, equity, justice, and above all, prosperity were the cornerstones of our administration. These principles continue to define my leadership, policy and programmes of our administration in this second term.

Our government remains steadfast in safeguarding the peace and security of our people, ensuring the inviolability of their persons and property. The Almighty has blessed us with this peace, and it has become ingrained in the lives of Kogites.

Any attempt to disrupt or reverse our hard-won gains, driven by the thirst for political power at any cost, will be met with vigilance and an uncompromising response.

As you celebrate this auspicious event, I encourage you to demonstrate love and generosity towards your fellow human beings. Let these virtues resonate not only on this festive day but also in our everyday lives.

Eid-El-Kabir Mubarak!
Yahaya Bello
Governor, Kogi State

27/06/2023

JOINT SECURITY TASKFORCE TO PURGE THE STATE OF CRIMINALITY

KOGI STATE GOVERNMENT PRESS RELEASE

KOGI GOVERNMENT COMMENDS JOINT SECURITY TASKFORCE OVER COMMITMENT TO PURGING THE STATE OF CRIMINALITY

1. The Kogi State Government wishes to commend the Joint Security Taskforce consisting of the Nigerian Police, DSS, the Military and NSCDC for their commitment to ensuring security across the State.

2. The State Governor, His Excellency, Alh. Yahaya Bello, CON, has further reiterated his determination to make Kogi the most peaceful state in the federation by continuing to empower security agencies to protect lives and property.

3. The State Government cautions the political class against making reckless statements that could undermine security in the state as we will ensure that the responsibility to keep our people safe is not jeopardised by unbridled political desperation by the enemies of our dear state.

4. Governor Yahaya Bello has assured security agencies of his ironcast support in their efforts at combating crime in the state in line with the Agenda of his administration. Politics is not a crime but crime too is not politics. Anyone who threatens the peace of our dear state shall be made to face the full wrath of the law devoid of political, class, religious or ethnic considerations.

5. We urge our people to go about their normal businesses. Over the last eight years, the Yahaya Bello Administration has created a population of Kogites who are united, unselfish, altruistic and patriotic. We will finish strong.

6. Our dear state holds a promise to greatness. We cannot afford to allow a few elements with no regard for human life reverse our sterling gains in the area of security. From Egbe to Kotonkarfe; Lokoja to Ibaji; Bassa to Okene; we are prepared to defend the rights of our people to peace and security.

Kingsley Femi Fanwo
Hon. Commissioner for Information and Communications

25/06/2023

Kogi Governor Assents to State Varsity Bill

Kogi State Governor, Yahaya Bello, has assented into Law the bill for the establishment of a third University owned by the State.

The bill named The Bill for the Provision for the Establishment of Kogi State University, Kabba, and other matters thereto, 2023 was assented to by the governor who vowed that the first set of students would be matriculated before the expiration of his tenure which will end in January.

The State Assembly Committee on the proposed university had promised to cooperate with the Executive to ensure speedy take off.

The new university is sited in Kabba.

Similarly, Gov Bello signed a law to repeal the prohibition of kidnapping and other related offences law, 2015 and to Re-enact the Kogi State Prohibition of Kidnapping and Other Related Matter, 2023.

Protect Public Infrastructure In Your Domain, Kogi Gov Charges Council Chairmen

The Kogi Governor, Alh. Yahaya Bello has charged Local Government Chairmen on the need to protect public infrastructure in their domain.

The Governor’s charge was disclosed by the State Commissioner for Information and Communications, Mr Kingsley Fanwo while briefing newsmen after Mondays Extraordinary State Executive Council Meeting in Lokoja.

The Governor was quoted to have expressed disappointment in the manner public infrastructure are vandalized by hoodlums, saying such will not be acceptable going forward.

“The vandalization of our broadcasting facilities at Ochaja is unfortunate and uncalled for. The Governor expressed disappointment over such wanton destruction and has charged Council Chairmen to beef up security around public infrastructure in their areas”, he said.

The Governor also charged law enforcement agencies to get to the root of the Ochaja Broadcasting Corporation vandalization with the aim of bringing the perpetrators to book, expressing confidence in law enforcement agents to apprehend the “enemies of the public “.

Fanwo said the State Governor also promised to set machineries in motion to ensure the station is back on air in the earliest possible time to continue to sensitize the Kogi East people.

It would be recalled that vandals numbering about 30 a few weeks ago stormed the Kogi State Broadcasting Corporation, OCHAJA, carting away generators and cables as well as components of the transmitters.

Happy Birthday, GYB

Happy birthday to the people’s Governor His Excellency, Alhaji Yahaya Adoza Bello.

Wishing you more years of great achievements, health, and noble heights.

We pray that God will continue to shine His light of benevolence on You.
Happy birthday, Your Excellency.
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https://youtu.be/OLiUgYzvjTw
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Gov. Bello administers oath of office to returning appointees

…as EXCO receives report on projects, promises completion before end of tenure

The Kogi State governor, Yahaya Bello on Monday during an Executive Council Meeting administered oath of office, secrecy and allegiance for five returning appointees of his administration who initially resigned their appointments to seek for elective post in the recently concluded gubernatorial primary elections.
The appointees includes the Chief of Staff, Pharm. Abdulkareem Jamiu, Commissioner for Finance, Budget and Economic planning, Asiwaju Idris Ashiru, Commissioner for Local Government and Chieftaincy Affairs, Bar. Deedat Ozigi, Accountant General of the State, Alh. Jubrin Momoh and the Auditor General of the State, Alh. Yakubu Okala.
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In a press briefing by the Commissioner for Information and Communication Strategy, Mr. Kingsley Fanwo, after the Executive Council Meeting he mentioned that the returning appointees were all charged to continue to be loyal and serve diligently in a bid to move the administration further forward.
Similarly, Mr. Fanwo briefed that the EXCO received reports on the progress on several projects currently embarked on by this administration noting that several of these projects were hinted to be in advanced stages while the governor reiterated commitment and determination to ensure completion of all projects before the end of his administration.

Other approvals at the meeting according to the Commisioner includes the Termination of the appointment of the Former Chairman of the Market Board, Mr. Danjuma Ochima who was accused of neglecting duties and promoting the return of filth in the state adding that his replacement would be announced in next few days.
The Commissioner mentioned also that the EXCO approved a Memo seeking for the establishment of the Directorate of Medical Laboratory Services in the Ministry of Health. He alluded that the creation of the Directorate will create cooperations amongst Medical Laboratory Scientist across the states, particularly in health care institutions.
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Mr. Fanwo also hinted that the council approved a Memo seeking for a law to repel the Prohibition of Kidnapping and other related matters, Law 2015 and be reenacted, Kogi State Prohibition of Kidnapping and other related maters, law 2023. He said that the State Attorney General was further directed by the council to forward the bill to the State House of Assembly adding that the law when passed is aimed at strengthening the criminal justice system of the state and to further nip in the bud issues of kidnapping, thuggery and other violent crimes

Bullish Engulfing Pattern > Big W Energy Pattern Definition Forexpedia by Babypips com

Traders commonly use it to identify potential entry points for long positions. While the bullish engulfing pattern is more commonly used in daily or weekly charts, it can also be applied to shorter time frames for scalping or short-term trading strategies. However, the reliability of the pattern may decrease in shorter time frames due to increased market noise and volatility. The time frame of the chart can impact the reliability of the bullish engulfing pattern. The bullish engulfing pattern is a relatively reliable reversal pattern, especially when it occurs after a prolonged downtrend.

Engulfing Candle

By following this process, you’ll be equipped to use the Bullish Engulfing Pattern effectively in your trading strategy, whether you’re a beginner or an advanced trader. The Bullish Engulfing Pattern consists of two candles, the first is a small red candle indicating a downtrend, followed by a larger green candle that completely engulfs the red one. Whether you’re trading stocks, forex, or cryptocurrencies, understanding and correctly identifying the Bullish Engulfing Pattern can give you an edge in spotting opportunities. Let’s explore what is the Bullish Engulfing Pattern, why it is important, and how to find and trade on it. I’d like to copy professional traders’ transactions onto my account

A higher volume supports the strength of the reversal signal, indicating that a significant number of traders are participating in the shift from selling to buying. The Bullish Engulfing pattern is a reversal signal, so it must appear after a sustained price decline. The right context, volume confirmation, and structure separate a random engulfing from a high-probability reversal. As such, the Bullish Engulfing can be a truly reliable and profitable tool for technical analysis, but only when matched with discipline and proper risk control. When used in the right chart context with structure and confirmation, the Bullish Engulfing Pattern can be one of the most reliable and clear entry signals for reversal traders.

  • The combination of these signals means the price has reached the local low, and one could enter a long trade.
  • This reversal pattern indicates that bulls are taking control of the market and may potentially drive prices much higher, indicating the ideal opportunity to initiate a long position.
  • Below we’re going to show you some examples of what bearish engulfing trading strategies could look like.
  • The occurrence of a bullish candle cannot always guarantee an upward trend.
  • Of course, no pattern is 100% reliable, and there are always exceptions.

Support and Resistance Strategy

  • Successful investor technical analysis requires you to look for two crucial non pattern factors to confirm the signal and protect your capital.
  • However, we cannot use the RSI reading of the last bar, since the big bearish candle in effect is the start of the new bearish trend, and with great likelihood will push RSI below 80.
  • In volatile markets, where price movements are large and frequent, bullish engulfing patterns may occur more often.
  • A bullish engulfing candlestick pattern signals traders that the market is about to enter an uptrend after a previous decrease in prices.
  • Put your knowledge into action by opening an XS trading account today
  • There should be a small black candle at the bottom of the downtrend.

The bullish engulfing pattern is a two-candlestick pattern that occurs during a downtrend and signals a potential reversal in the market. It is formed when a small bearish candlestick is followed by a larger bullish candlestick that completely engulfs the previous candlestick, including its body and shadows. The bullish engulfing pattern suggests that buyers have gained control and are likely to push prices higher. Many traders enter a bullish engulfing candle trade without confirmation or trade it against the trend—avoid both. Don’t jump in just because the bullish engulfing pattern appears; consider market context like support levels and price structure.

In addition, larger price patterns can also serve as confirmation of the engulfing pattern. Examples of such patterns include double bottoms, falling wedges, and ascending triangles. In this article, we’ve had a look at the bearish engulfing pattern. We’ve explored what it means, how to identify it, and provided some examples of trading strategies that hopefully will spark ideas when you build your own trading strategies! On the open of the next bar, sellers are nowhere to be seen, and the market opens higher than it closed. However, out of fear that the market has gone up too much, selling pressure starts to build up, and pushes price lower.

What is a Bullish Engulfing Candlestick?

Use proper risk management techniques when trading a bullish engulfing pattern. A bullish engulfing pattern consists of two candlesticks that form near support levels; the 2nd bullish candle engulfs the smaller 1st bearish candle. Typically, when the 2nd smaller candle engulfs the first, the price holds support and causes a bullish reversal. The key to its reliability is the fact that it entails a strong reversal in market sentiment, with bulls taking control of the market after a period of bearishness. This shift in market sentiment is usually enough to propel prices higher.

A bearish engulfing pattern occurs after a price move higher and indicates lower prices to come. Here, the first candle, in the two-candle pattern, is an up candle. The second candle is a larger down candle, with a real body that fully engulfs the smaller up candle. Trade bullish engulfing candlesticks when the primary trend is upward. Look for a downward retrace in a rising price trend for the best chance of success. Knowing where to place stop-losses, when to take partial profits, and how to interpret subsequent price action all contribute to consistent results.

Key Features of the Bullish Engulfing Pattern

Yes, a bullish engulfing candlestick can occur as the price is moving up, or as it is moving down. However, it is generally considered a more valid reversal pattern when it forms as the price is falling. It’s important to remember that the bullish engulfing candlestick isn’t a 100% indication of a reversal. An asset’s price can also dip even lower, despite the bullish pattern, before truly pivoting back up. In this lesson, you will learn what a bullish engulfing pattern is and how you can trade it for huge profits.

Piercing patterns are similar to the bullish engulfing, but the second candle pierces the previous small bearish candle, and is a bullish reversal pattern. Hammer candles are single candles and have a small body and long lower shadows, signaling a bullish reversal. Morning stars are a three-candle pattern signaling a potential bullish reversal.

Difference Between Bullish Engulfing and Bearish Engulfing

Such a pattern is usually seen after multiple red candles in a downtrend. However, it is also said that this bullish engulfing candlestick pattern reflects weakening bearish momentum. A Bullish Engulfing Candlestick is a significant pattern in technical analysis that signals a potential reversal from a bearish to a bullish market trend. A bullish engulfing pattern is more reliable when it occurs after a period of bearishness, such as being preceded by four or more red candles.

The bullish engulfing candlestick is a well-known candle pattern composed of two candle lines. The first one is black and the second is a white one that is taller than the prior black candle,engulfing it or overlapping the black candle’s body. The bullish engulfing candlestick acts as a bullish reversal 63% of the time, which is respectable, ranking 22 where 1 is bestout of 103 candle patterns. The high frequency rank (12) means that this is as plentiful as children at a playground. Other elusive formations include the Abandoned Baby and certain gap-based patterns (like the Island Reversal).

This website is not intended for use in any jurisdiction where the trading or investments described are prohibited and should only be used by persons and in a manner permitted by law. Your investment may not be eligible for investor protection in your country or state of residence. However, we may receive commissions from the companies we offer on this website.

It can be done by looking at previous price action and determining where buying and selling pressure has been strong. Support and resistance levels are important in trading because they help you identify entry and exit points for profitable trades. Put, support is a level where the price tends to stop falling, while resistance is a level where the price tends to stop rising.

The traders monitor the market closely to ensure the trade is moving in the expected direction and avoid any false signals. The pattern also occur during a period of consolidation, which can signal a potential break out to the upside. Traders often look for confirmation of the pattern with other technical indicators, such as volume and momentum, to increase the bullish engulfing definition probability of a successful trade. Alr, so a Bullish Engulfing Pattern is kinda like a glow-up for candlesticks 🔥.

The engulfing pattern is often used in Forex, as well as the stock, cryptocurrency and commodity markets. You will learn how to recognize an Engulfing pattern and apply it in trading. Discover the world of candlestick analysis and unlock new strategies for successful trading! The pattern involves two candles with the second candle completely engulfing the body of the first candle.

A Bullish Engulfing forming in the middle of nowhere rarely works. A Bullish Engulfing appearing at a tested level with structure behind it is more reliable than one floating in the middle of nowhere. The best timeframes for spotting and using this pattern are the 4H and Daily charts. They filter out noise and show whether the engulfing is strong enough to signify real buyer commitment.

At the same time, the alternative trend strengthens, as a result, trades are opened in the opposite direction. The last confirmation signal for opening short trades was the breakout of the first support level, after which the price began to decline actively. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey.

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