Bullish Engulfing Pattern: Definition and Use
The Bullish Engulfing Pattern is a powerful candlestick pattern used by traders to identify potential reversals in the market. It is formed when a large bullish candle completely engulfs the previous bearish candle, indicating a shift in momentum from bearish to bullish. What is a Bullish Engulfing Pattern? A Bullish Engulfing Pattern consists of two … Read more