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A Bullish Engulfing pattern [ Ссылка ] PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Engulfing Lines - Short-Term Reversal Patterns. We continue reviewing candlestick patterns that might indicate a reversal in trend A bullish engulfing candelstick pattern is made up of two candlesticks, the first being a decline and the second an increase. The body of the second candlestick has to totally engulf the body of the first. This is a clue that selling pressure has persisted after the initial decline with the consequence that the market has opened below its previous closing level. Buyers then came in and lifted the market above its previous open for a strong ending and potential reversal (signal to go long at the open of the next candle).
