Markets › GBP/JPY › Bullish engulfing
Forex · candlestick pattern
Bullish engulfing on GBP/JPY
On GBP/JPY the bullish engulfing showed up 108 times. The target came first 31% of the time, the stop 56%, and 13% went nowhere within 12 candles.
Counted on GBP/JPY: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 14 | 21% | 43% | 36% |
| Hourly | 94 | 32% | 59% | 10% |
GBP/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/JPY | 108 | 31% | 56% | 13% |
| 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 | 3 | 33% | 33% |
| 2022 | 3 | 33% | 67% |
| 2024 | 8 | 38% | 38% |
| 2025 | 53 | 25% | 66% |
| 2026 | 34 | 41% | 50% |
The last 8 times
- 13 Oct 2026, 05:00 UTC · hourly · stop first after 1 candle
- 29 Sep 2026, 13:00 UTC · hourly · stop first after 3 candles
- 27 Sep 2026, 22:00 UTC · hourly · stop first after 10 candles
- 24 Sep 2026, 05:00 UTC · hourly · target first after 1 candle
- 23 Sep 2026, 13:00 UTC · hourly · stop first after 3 candles
- 22 Sep 2026, 18:00 UTC · hourly · went nowhere
- 17 Sep 2026, 08:00 UTC · hourly · stop first after 1 candle
- 16 Sep 2026, 18:00 UTC · hourly · target first after 1 candle
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 GBP/JPY
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 · USD/JPY · NZD/USD · EUR/GBP · 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 GBP/JPY?
In 108 cases on GBP/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 31% of the time and the stop came first 56%; 13% went nowhere within 12 candles.
What is the bullish engulfing?
A green body swallows the red one before it. Buyers took control.