Bullish Engulfing is a Reversal pattern and is hence very effective when spotted after a good decline in price. In this the Bullish Engulfing candlestick body completely covers or engulfs the previous Bearish candlestick. Can be traded as Bullish above the high of Engulfing candlestick.

2 Comments
  1. MOHAN KUMAR R 5 years ago

    NICELY EXPLAINED.

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?