top of page

Bullish Engulfing

Hit Rate:

62 %

Candle Count:

2 Candles

Outlook:

Bullish Reversal

About the Pattern:

  • the first candle must be bearish

  • the second candle must be bullish

  • the body of the second candle must cover the body of the first candle

Outlook:

  • the end of a downtrend and start of an uptrend

  • the end of a pullback, resuming an uptrend

bottom of page