Tag: Bullish Engulfing Pattern

Bullish Engulfing Pattern The Bullish Engulfing Candlestick Pattern is a bearish reversal pattern, which usually occurs at the Bottom of a down trend and it consists of a a small bearish candlestick with a small tail followed by a reversal bullish candlestick that overshadows or “engulfs” the small bearish one. The opposite of the Bullish…