Bearish Engulfing Pattern Definition and Tactics.
The Bearish Engulfing Pattern is a candlestick chart pattern that signals a potential reversal from an uptrend to a downtrend. The pattern is made up of two candlesticks, with the second candlestick “engulfing” the first candlestick. The first candlestick is typically a small, bullish candlestick, while the second candlestick is a large, bearish candlestick. The … Read more