“What is a Bullish Engulfing Pattern?”
🟢 Bullish Engulfing Pattern Explained
A bullish engulfing pattern appears when a green candle fully “engulfs” the previous red candle. This means:
Buyers have taken over the market
It often signals a trend reversal to the upside
📊 How to Use It:
Works better on higher timeframes (1D or 1W)
Combine with RSI or support zone for confirmation
📌 Tip: Don’t trade it alone. Wait for volume spike or support area confirmation.
👀 Watch out for the next post on Bearish Engulfing Patterns.
#CandlestickPatterns #BullishEngulfing