Looking for a strong bullish signal in the financial market? Consider the Bullish Engulfing Candlestick Pattern. This pattern is characterized by a bearish red candle followed by a larger green candle that completely engulfs the red. In this article, we will explore the Bullish Engulfing Candlestick Pattern, including the candle body, wick, and colors, as well as its Modus Operandi and Fun Fact.
Candle Wick / Shadow
The Bullish Engulfing has two candles. The red candle always precedes the green candle.