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Forex Stock Exchange Forum  » Forex and Stock Trading English Forum » Forex School » Engulfing Patterns

Engulfing Patterns

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1attention Engulfing Patterns Mon Mar 30, 2015 2:31 pm

gandra

gandra
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Engulfing patterns -- there is a bullish and bearish engulfing pattern. A bullish engulfing pattern is comprised of a large whie real body which engulfs a small black real body in a downtrend.The bullish engulfing pattern is an important bottom reversal. A bearish engulfing pattern (a major top reversal pattern), occurs when selling pressure overwhelms buying pressure as refleccted by a long black real body engulfing a small white real body in an uptrend.



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