Forex Glossary

Get the grips with forex jargon in your trading journey

Engulfing Pattern

Jul 20, 2020 10:19

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A reversal pattern that can be bearish or bullish depending upon whether it appears at the end of an uptrend bearish engulfing pattern or downtrend bullish engulfing pattern. The first candle is characterized by a small body, followed by a candle whose body completely engulfs the previous candle’s body.

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