DRSHAWY
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Bearish Engulfing Candle — one of the strongest reversal candles.
Bearish Engulfing candle: when the market engulfs the greed of buyers!
In a moment, optimism turns to concern, and the market begins to send a strong signal that the uptrend is over. Here comes the Bearish Engulfing candle to assert its presence amidst the charts, saying: 'Beware, the drop is coming!'
Candle shape:
Consists of two candles:
First candle: Bullish (small body).
In a moment, optimism turns to concern, and the market begins to send a strong signal that the uptrend is over. Here comes the Bearish Engulfing candle to assert its presence amidst the charts, saying: 'Beware, the drop is coming!'
Candle shape:
Consists of two candles:
First candle: Bullish (small body).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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