Engulfing Pattern, Two of the most compelling candlestick signals are the Bullish Engulfing Pattern and Bearish Engulfing Pattern.
ADDITIONAL INFO
Engulfing Bullish Signal: Bullish Pattern: reversal Reliability: moderate Identification A black day is completely �engulfed� by a large white day that gaps below the black day�s low and rallies to close above its high. Engulfing Bearish Signal: Bearish Pattern: reversal Reliability: moderate Identification A white day is then completely �engulfed� by a large black day which gaps above the white day's high and closes below its low.
