Lessons › Candlesticks › Engulfing patterns
World 1 · Candlesticks · lesson 11 · level 2
Engulfing patterns
When a new candle's body swallows the last body, the other side has taken over, at least for now.
What it is
A green body swallows the red one before it. Buyers took control.
Your task in the app
Find the bullish engulfing. Then decide: buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 237 | 43% | 54% | 4% |
| United States | 244 | 36% | 60% | 4% |
| Japan | 101 | 38% | 61% | 1% |
| Crypto | 2,871 | 32% | 56% | 13% |
| Forex | 368 | 36% | 53% | 11% |
| Commodities | 85 | 29% | 56% | 14% |
Counted on real past charts by the Trading Class research engine, 3,906 cases in all. Past odds, not a forecast.
Read more on the Bullish engulfing pattern page.
Goal of this lesson: Identify bullish and bearish engulfing patterns and where they matter most.