One key observation from my study is that the engolfing strategy on EUR/USD typically aligns with the beginning of the order block. However, I encountered an issue where a significant number of my trades did not execute as intended.
For my analysis, I conducted backtesting on the 4-hour timeframe. I exclusively considered trades initiated prior to the close of the fifth candle and restricted my entries to instances when prices reached the midpoint (.5) of the order block.
I look forward to discussing my findings further and gaining insights into how I can refine this strategy. Thank you for your guidance and feedback.