📘 Trading from Scratch – Day 29/90

🕯️ Engulfing Pattern (Engulfing)

🟢 Bullish Engulfing

✔ Appears after a bearish trend.

✔ The bullish candle engulfs the previous bearish candle.

✔ It may indicate a possible shift in momentum.

✔ Wait for confirmation before acting.

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🔴 Bearish Engulfing

✔ Appears after a bullish trend.

✔ The bearish candle engulfs the previous bullish candle.

✔ It may indicate a possible rejection of the rise.

✔ Analyze the context before making a decision.

📌 A pattern has more value when combined with the trend, support levels, resistance levels, and good risk management.

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