Rocket Engulfing Candles

🚀 Rocket Engulfing Candles — Bullish & Bearish Detection

This script highlights powerful engulfing candles that resemble rockets — perfect for identifying potential reversals or momentum shifts.

Bullish Rocket (Green Triangle Up)

Fully engulfs the previous candle (higher high, lower low)

Closes higher (bullish body)

Has a longer lower wick (blast-off tail)

Bearish Rocket (Red Triangle Down)

Fully engulfs the previous candle

Closes lower (bearish body)

Has a longer upper wick (crash tail)

These patterns suggest strong buying/selling pressure with possible trend reversals. Ideal for traders looking to spot high-impact candle formations with a visual edge.