Bullish Engulfing Pattern – Reversal Power!
Spotting a trend reversal? The Bullish Engulfing Pattern is a powerful signal to catch a bounce early!
How to Trade It:
Look for a bullish candle that completely engulfs the prior bearish candle.
Confirm it's at a support zone or after a strong downtrend.
Entry:
After the engulfing candle closes above the previous red candle’s open.
Stop Loss:
Place just below the low of the engulfing candle for protection.
Target:
Previous high zone or next key resistance.
Why it works:
This shows buyers aggressively stepping in and overpowering sellers—clear momentum shift.
#BullishEngulfing #CandlestickPatterns #CryptoTA #BinanceSquare #TradingReversals