Understand Engulfing Patterns to read reversal signals of market trend:
โ๐ข Bullish Engulfing: A signal of potential upward trend (buy) when a large green candle engulfs the previous red candle.
โ๐ด Bearish Engulfing: A signal of potential downward trend (sell) when a large red candle engulfs the previous green candle.
Always use additional confirmation before entering, okay! ๐ก
โ๐ข Bullish Engulfing: A signal of potential upward trend (buy) when a large green candle engulfs the previous red candle.
โ๐ด Bearish Engulfing: A signal of potential downward trend (sell) when a large red candle engulfs the previous green candle.
Always use additional confirmation before entering, okay! ๐ก