Introduction to Bullish Engulfing Pattern

In this module, we are going to discuss the Bullish Engulfing candle which gives a very strong signal of a trend reversal (probably to uptrend). We'll show you what this looks like, its characteristics, and discuss the psychology behind Bullish Engulfing candle.
Furthermore, we'll delve into the psychology behind the Bullish Engulfing candle and explore future predictions associated with it.

The first thing we want to cover with you is what Bullish Engulfing candle actually is.

Bullish Engulfing Candle Anatomy

Blueprint of a Bullish Engulfing Candle on chart

Doji Candlestick

Doji is a very powerful candle shows a balance of supply and demand.

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Hanging Man Candlestick

Hanging Man candle which gives a very strong signal of a trend reversal.

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Inverted Hammer Candlestick

This candle implies a very strong signal of a trend reversal (to uptrend).

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Moving Average Indicator

This indicator is used on charts for trend identification.

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