What is Bullish Engulfing pattern?
Many people asked the question about what Bullish Engulfing Pattern is.
I think it is one of most important pattern of Candlestick Chart.
It could be understand as following a downtrend,the last day candlestick body is long enough to completely cover previous day's candlestick body,the trend may be going to reverse.
See the chart I have attached should be a good example for that pattern.
Hope it helps some people to know more.
|
