What's an Engulfing Candles Patterns in Forex? - Engulfing Candle Pattern

What Does Engulfing Candlestick Mean? Engulfing Candlestick Definition

Engulfing forex candlesticks pattern is a reversal candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a market downtrend or at the end of a market uptrend.

What is an Engulfing Candles Patterns in Forex? - Bullish and Bearish Engulfing Candles Patterns - Forex Candlesticks Pattern

Technical Analysis of Bullish and Bearish Engulfing Candles Patterns

The color of the first candle-stick indicates the trend of the day.

The second candlestick should completely engulf the first candle & it should have the opposite color.

For Bullish Engulfing forex candlesticks pattern the color of the candle-stick should be Blue

For Bearish Engulfing forex candlesticks pattern the color of the candlestick should be Red