Bullish Engulfing Candlestick Pattern – School

What is The Bullish Engulfing Pattern?

The Bullish Engulfing Pattern comprises two candlesticks and indicates a bullish reversal. The second candlestick completely engulfs the first one, which is how this pattern was named.

  • The Bullish Engulfing pattern consists of two candlesticks
  • The Bullish Engulfing is bullish reversal trend pattern

Understanding The Bullish Engulfing Pattern.

The Bullish Engulfing Pattern is a candlestick pattern that is formed using two candlesticks. The first candlestick is a bearish candle and indicates a continuing downtrend. The second candlestick continues downwards below the first candlestick but quickly reverses and closes above the first candlestick in a bullish reversal. The second candlestick is bigger than the first one and completely engulfs it in this pattern.

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As a single footstep will not make a path on the earth, so a single thought will not make a pathway in the mind. To make a deep physical path, we walk again and again. To make a deep mental path, we must think over and over the kind of thoughts we wish to dominate our lives.

Henry David Thoreau