What Is a Bearish Engulfing Pattern? Example Charts Help Explain This Indicator

The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern, usually occurring at the top of an uptrend. The pattern consists of two Candlesticks: Smaller Bullish Candle (Day 1) Larger Bearish Candle (Day 2) Generally, the bullish candle real body of Day 1 is contained within the real body of the bearish … Continue reading What Is a Bearish Engulfing Pattern? Example Charts Help Explain This Indicator