A new model for those who want to learn about candlestick patterns
Educational lesson 🫡
From the bullish candlestick patterns 💹 🕯️ 🕯️🕯️🕯️🕯️🕯️
Bullish Engulfing Pattern:
This pattern consists of two consecutive candles, the first one has a declining price, 📉 but then a candle opened below the closing price of the declining candle, but rose back up 📈 and closed at levels higher than the opening of the declining candle. It is preferable that the shadows of both candles be as small as possible to increase the credibility of the candles. When a bullish engulfing candle appears after a downtrend, it indicates the possibility of a price reversal, and the price is likely to rise in the upcoming time period.
_📎لايك_ومتابعه_ليصلكم كل جديد 📎_
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