$LOKA
#LOKA The last candlestick pattern is Bullish Engulfing pattern.๐
This pattern is characterized by a small red candlestick followed by a larger green candlestick that completely engulfs the previous candlestick. The Bullish Engulfing pattern is a reversal pattern that indicates a potential shift from a downtrend to an uptrend, suggesting that buyers have gained control over the market.
In this specific image, the Bullish Engulfing pattern is formed by the last two candlesticks on the chart, with the green candlestick closing above the opening price of the previous red candlestick, indicating a strong buying pressure.
