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Markets › AUD/USD › Bullish engulfing

Forex · candlestick pattern

Bullish engulfing on AUD/USD

On AUD/USD the bullish engulfing showed up 129 times. The target came first 33% of the time, the stop 57%, and 9% went nowhere within 12 candles.

Counted on AUD/USD: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily2425%71%4%
Hourly10535%54%10%

AUD/USD against the rest

ChartsFoundTarget firstStop firstWent nowhere
AUD/USD12933%57%9%
All Forex charts1,24334%56%10%
Every market17,56334%56%10%

Year by year

YearFoundTarget firstStop first
2017520%60%
2019450%50%
2021520%80%
2022450%50%
20241242%42%
20253941%49%
20265529%62%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the bullish engulfing is

A green body swallows the red one before it. Buyers took control.

Picture a small red fish, then a bigger green fish that swallows it whole. In a bullish engulfing pattern, the green candle's body is so big it covers the whole red body before it. After a fall, it shows buyers suddenly took over.

The full bullish engulfing lesson, video and quiz ›

Other patterns on AUD/USD

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them

The bullish engulfing elsewhere

GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver

Questions

How often does the bullish engulfing work on AUD/USD?

In 129 cases on AUD/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 57%; 9% went nowhere within 12 candles.

What is the bullish engulfing?

A green body swallows the red one before it. Buyers took control.