A bearish engulfing pattern is a candle
pattern established at the end of an uptrend.
The bearish Engulfing candlestick Pattern may be
a bearish reversal pattern, typically occurring at the
top of an uptrend.
The pattern consists
of two Candlesticks.
The bearish Engulfing pattern is the precise opposite that of the bullish Engulfing pattern
The second candle in the pattern is the reversal signal.
Bearish Engulfing Pattern reject gap up
Identification of Bearish Engulfing Candlestick Pattern
The bearish Engulfing pattern is the precise opposite that of the bullish Engulfing pattern
The second candle in the pattern is the reversal signal.
Bearish Engulfing Pattern reject gap up
Second day Bearish Candle
The second candle is bearish and engulfing the body of the
preceding bullish candle. Shadows are not important.
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