A bearish engulfing candle pattern is a reversal pattern. It signals that bulls are losing buying pressure on the top. |
This pattern is formed by two candles. It occurs when a green or up candle is followed by a red or down candle that totally overtakes or engulfs the up candle. |
9 янв. 2024 г. · Understand the significance of bullish and bearish engulfing candlesticks. Learn strategies to effectively utilise these powerful patterns. |
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