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Candlestick pattern
reversal
Bullish Engulfing
bullish
Fiabilité :
★★★★★
Green candle that fully engulfs the body of the previous red candle. Strong bullish reversal.
In detail
Bullish engulfing is a highly reliable 2-candle pattern, especially after a pronounced downtrend near support. Green body must exceed both open and close of previous red candle.
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How to trade
Enter long at next candle open. Stop below the engulfing low.
#reversal
#bullish
#two-candle