BulishEngulfing

🟢Understanding the Bullish Engulfing Pattern in Trading.

📌 What is a Bullish Engulfing Pattern?
•The Bullish Engulfing is a two-candle pattern that signals a possible reversal to the upside.
It shows that buyers have taken over after a period of selling pressure.

🕯️ Structure of the Bullish Engulfing:
Candle Description

•1st Candle Small red (bearish) candle – sellers were in control.

•2nd Candle Large green (bullish) candle that completely covers or “engulfs” the first red candle.

🧠 It’s called “engulfing” because the second candle’s body is bigger and wraps around the first.

📉 ➡️ 📈 What It Tells You:

•Sellers were in control (downtrend).

•Then suddenly, buyers come in strong and reverse the price movement.

•It's a sign of growing bullish momentum.

✅ Beginner Tips:
•Best used after a downtrend.

•Look for a strong green candle that fully covers the red one.

•Extra confirmation:

•The engulfing candle closes near the top of its range.

•Appears near a support zone or oversold RSI.

•Can be stronger if there’s higher volume on the green candle.

📊 Simple Example:

•Imagine BTC has been dropping for several days.

•One day: A small red candle forms.

•Next day: A big green candle opens lower but closes way above the red one.

•That’s a Bullish Engulfing pattern → it signals that buyers are back, and price may start going up. 📈
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