Markets › USD/CAD › Bullish engulfing
Forex · candlestick pattern
Bullish engulfing on USD/CAD
On USD/CAD the bullish engulfing showed up 98 times. The target came first 23% of the time, the stop 60%, and 16% went nowhere within 12 candles.
Counted on USD/CAD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 2 | 0% | 100% | 0% |
| Hourly | 96 | 24% | 59% | 17% |
USD/CAD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/CAD | 98 | 23% | 60% | 16% |
| All Forex charts | 1,243 | 34% | 56% | 10% |
| Every market | 17,563 | 34% | 56% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 9 | 33% | 44% |
| 2025 | 46 | 24% | 65% |
| 2026 | 41 | 22% | 56% |
The last 8 times
- 8 Oct 2026, 20:00 UTC · hourly · went nowhere
- 6 Oct 2026, 19:00 UTC · hourly · went nowhere
- 31 Aug 2026, 22:00 UTC · hourly · stop first after 2 candles
- 21 Aug 2026, 12:00 UTC · hourly · target first after 2 candles
- 19 Aug 2026, 17:00 UTC · hourly · stop first after 1 candle
- 14 Aug 2026, 01:00 UTC · hourly · stop first after 3 candles
- 11 Aug 2026, 19:00 UTC · hourly · went nowhere
- 5 Aug 2026, 19:00 UTC · hourly · went nowhere
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 USD/CAD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD 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 · EUR/GBP · AUD/USD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Silver
Questions
How often does the bullish engulfing work on USD/CAD?
In 98 cases on USD/CAD, the target (1.5 × ATR) came before the stop (1 × ATR) 23% of the time and the stop came first 60%; 16% went nowhere within 12 candles.
What is the bullish engulfing?
A green body swallows the red one before it. Buyers took control.