Thread: 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.

Cool chart, here is a close up look at a "bullish engulfing" candle as well

The bullish engulfing seems pretty similar to the pincher theory. I'm assuming it's like more ways to confirm that a reverse trend is going to happen? My question is, say after a reverse happens after a bullish engulfing...how long does it usually last?

The timeframe depends on many many things such as stock news, market news, market conditions, emotion, buying pressure etc....we just have to watch until we get a new candle formation suggesting the trend is over, these candles might include "doji" candles, "bearish engulfing" or "hammer" candles just to name a few.

Originally Posted by obnoxious2

The bullish engulfing seems pretty similar to the pincher theory. I'm assuming it's like more ways to confirm that a reverse trend is going to happen? My question is, say after a reverse happens after a bullish engulfing...how long does it usually last?