Markets › EUR/GBP › Bullish engulfing
Forex · candlestick pattern
Bullish engulfing on EUR/GBP
On EUR/GBP the bullish engulfing showed up 92 times. The target came first 30% of the time, the stop 54%, and 15% went nowhere within 12 candles.
Counted on EUR/GBP: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 15 | 47% | 40% | 13% |
| Hourly | 77 | 27% | 57% | 16% |
EUR/GBP against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| EUR/GBP | 92 | 30% | 54% | 15% |
| All Forex charts | 1,243 | 34% | 56% | 10% |
| Every market | 17,563 | 34% | 56% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2016 | 5 | 60% | 40% |
| 2024 | 4 | 25% | 50% |
| 2025 | 33 | 30% | 55% |
| 2026 | 40 | 25% | 60% |
The last 8 times
- 5 Oct 2026, 04:00 UTC · hourly · stop first after 2 candles
- 4 Oct 2026, 22:00 UTC · hourly · stop first after 2 candles
- 1 Oct 2026, 17:00 UTC · hourly · went nowhere
- 30 Sep 2026, 12:00 UTC · hourly · stop first after 2 candles
- 29 Sep 2026, 12:00 UTC · hourly · stop first after 1 candle
- 28 Sep 2026, 17:00 UTC · hourly · went nowhere
- 21 Sep 2026, 00:00 UTC · hourly · went nowhere
- 25 Aug 2026, 08:00 UTC · hourly · target first after 4 candles
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 EUR/GBP
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish 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 · AUD/USD · 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 EUR/GBP?
In 92 cases on EUR/GBP, the target (1.5 × ATR) came before the stop (1 × ATR) 30% of the time and the stop came first 54%; 15% went nowhere within 12 candles.
What is the bullish engulfing?
A green body swallows the red one before it. Buyers took control.