Candlestick Patterns→ Pattern Detail
Bullish Engulfing
A large bullish candle that engulfs the previous bearish candle
A bullish engulfing pattern occurs when a bullish candle's body completely engulfs the previous bearish candle's body. It shows buyers overwhelming sellers - a strong reversal signal at support.
✓How to Recognize
- •Green candle body engulfs prior red candle body
- •Appears at support after decline
- •Larger candle shows strong buying
- •Volume higher on engulfing candle
⚡How to Avoid
- →Must appear at meaningful support
- →Don't trade in mid-range
- →Higher volume = stronger signal
- →Wait for next candle if uncertain