bearish engulfing

Two candles: a green one, then a bigger red one whose body swallows it, a hint that sellers have taken over.

The fuller meaning

A two-candle reversal pattern after a rise: a red body that fully covers the previous green body, showing sellers overpowering buyers. Traders trust it more at resistance or on high volume, and the idea is wrong if price closes above the pattern's high. In this app it is scored with a 1.5 ATR target and a 1 ATR stop.

bearish engulfing.

bearish engulfing

The fuller meaning

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