Engulfing candlestick is formed when it completely engulfs the previous more than one candle but be considered an engulfing candlestick pattern because in Engulfing at least one candle must fully engulf.
Types of Engulfing Candlestick Pattern
*Bullish Engulfing Pattern
*Bearish Engulfing Pattern
#1 Bullish Engulfing Pattern
Bullish Engulfing pattern consists of two candle formations, the first candle is the small body and the second candle is the bigger. The second big candle should be fully engulfed than the previous small candle. This is called the bullish engulfing pattern.
#2 Bearish Engulfing Pattern
Bearish Engulfing pattern consists of two candle formations, the first candle is a small Bullish candle and the second is the bigger bearish Candle than the previous bullish candle. The Second big bearish candle should fully engulf the previous one or more small candles. This is called a bearish engulfing pattern.
Types of Engulfing Candlestick Pattern
*Bullish Engulfing Pattern
*Bearish Engulfing Pattern
#1 Bullish Engulfing Pattern
Bullish Engulfing pattern consists of two candle formations, the first candle is the small body and the second candle is the bigger. The second big candle should be fully engulfed than the previous small candle. This is called the bullish engulfing pattern.
#2 Bearish Engulfing Pattern
Bearish Engulfing pattern consists of two candle formations, the first candle is a small Bullish candle and the second is the bigger bearish Candle than the previous bullish candle. The Second big bearish candle should fully engulf the previous one or more small candles. This is called a bearish engulfing pattern.
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Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.