The Bearish Engulfing pattern forms when a large bearish candle engulfs the previous smaller bullish candle, suggesting a potential reversal in an uptrend. This pattern signals that sellers have regained control, often marking the start of downward momentum. The Bearish Engulfing reveals a psychological shift, as selling pressure overtakes buying interest.
This pattern is a powerful tool for traders who aim to catch trend reversals, allowing them to align with emerging downward momentum. The Chart Guys provide in-depth analysis and support to help traders confidently recognize and trade Bearish Engulfing patterns.
