What’s an Engulfing Candlestick Pattern?

From Investopedia https://www.investopedia.com/terms/b/bullishengulfingpattern.asp What Is a Bullish Engulfing Pattern? A bullish engulfing pattern is a white candlestick that closes higher than the previous day’s opening after opening lower than the previous day’s close. It can be identified when a small black candlestick, showing a bearish trend, is followed the next day by a Read more…