Bullish Engulfing
Bullish Double Candlestick Pattern
Pattern Overview
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Bias:
Bullish
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Type:
Double Candlestick Pattern
Description
A large bullish candle fully engulfs the previous smaller bearish candle.
Meaning
Typically found in downtrends, this pattern signals a potential bullish reversal as buyers overpower sellers, often indicating a shift toward upward momentum.