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Bearish Engulfing Pattern

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Bearish Engulfing Pattern

Bearish Engulfing Pattern Basic Info

Bearish Engulfing is reversal type of candlestick pattern. If we detect this pattern during bullish trend period it mean trend is going to change to bearish (Reliability Medium).

Bearish Engulfing Pattern is a large red real body, which engulfs a small green real body in an uptrend (it need not engulf the shadows). The Bearish Engulfing Pattern is an important top reversal signal.

How to recognize Bearish Engulfing Pattern:

1. Market is Bullish uptrend.
2. We see a green candlestick in the first day.
3. Then we see a red candlestick that completely engulfs the real body of the first day.

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