Engulfing Bullish
A bullish engulfing pattern is a candlestick pattern that forms when a small black candlestick is followed the next day by a large white candlestick , the body of which completely overlaps or engulfs the body of the previous day’s candlestick .
Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black candlesticks .
Investors should look not only to the two candlesticks which form the bullish engulfing pattern but also to the preceding candlesticks .
Script = Jindal Steel
Time Frame = 15 min
Bullish engulfing patterns are more likely to signal reversals when they are preceded by four or more black candlesticks .
Investors should look not only to the two candlesticks which form the bullish engulfing pattern but also to the preceding candlesticks .
Script = Jindal Steel
Time Frame = 15 min
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.