Academy
🕯️
Candlestick pattern
reversal

Bullish Engulfing

bullish Fiabilité : ★★★★

Green candle that fully engulfs the body of the previous red candle. Strong bullish reversal.

In detail
Bullish engulfing is a highly reliable 2-candle pattern, especially after a pronounced downtrend near support. Green body must exceed both open and close of previous red candle.
🎯 How to trade
Enter long at next candle open. Stop below the engulfing low.
#reversal #bullish #two-candle