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Markets › Crude oil › Bearish engulfing

Commodities · candlestick pattern

Bearish engulfing on Crude oil

On Crude oil the bearish engulfing showed up 21 times. The target came first 33% of the time, the stop 57%, and 10% went nowhere within 12 candles.

Counted on Crude oil futures: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily1030%70%0%
Hourly1136%45%18%

Crude oil against the rest

ChartsFoundTarget firstStop firstWent nowhere
Crude oil2133%57%10%
All Commodities charts13833%56%11%
Every market19,16535%58%8%

Year by year

YearFoundTarget firstStop first
202130%100%
2024771%29%
2025520%40%

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 bearish engulfing is

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

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

The full bearish engulfing lesson, video and quiz ›

Other patterns on Crude oil

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Volume profile bounce · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · all of them

The bearish engulfing elsewhere

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

Questions

How often does the bearish engulfing work on Crude oil?

In 21 cases on Crude oil, the target (1.5 × ATR) came before the stop (1 × ATR) 33% of the time and the stop came first 57%; 10% went nowhere within 12 candles.

What is the bearish engulfing?

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