How to Trade with Bullish and Bearish Engulfing Patterns
Engulfing Pattern in Trading: A technical chart pattern called a bearish engulfing pattern alerts traders to impending price declines. Pattern consists of smaller up candle which is eclipsed or “engulfed” by a larger down candlestick (black or red). Line, OHLC, and area charts do not give as much information as candlestick charts. As a result, […]