Bearish Engulfing – EQSIS PRO

Ragupathy R, March 20, 2019, MINDTREE

Bearish Engulfing – Short

Entry = 937

Stop Loss = 976

Risk = 39

Target = 898

2 Comments

Naresh 5 years ago

Hi,
A bearish engulfing pattern occurs in the candlestick chart of a security when a large red candlestick fully engulfs the smaller green candlestick from the period before. This pattern usually occurs during an up trend and is thought to signal the beginning of a bearish trend in the security.

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Ragupathy R 5 years ago

Thanks Naresh. Will note it.

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