Bullish Engulfing Candle Patterns Explained

Engulfing Candlestick Pattern

Engulfing Candlestick Pattern is a reversal candle pattern which can be bearish or bullish depending upon whether it shows up at the end of a stocks down trend or at the end of a stocks upwards trend.

Bullish Engulfing Candle Pattern - Bearish Engulfing Candlestick Pattern

Bearish Engulfing Stock Candle in an Up stock trading trend

Color of the first candlestick indicates the stocks trend of the day.

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

For Bullish Engulfing the color of the candlestick should be Blue

For Bearish Engulfing the color of the candlestick should be Red

Bullish Engulfing Candle Patterns Explained - Bullish Stock Candle Patterns Explained - Types of Engulfing Candle Patterns

Morning Star Candle Pattern

Morning Star Candle Pattern

Morning Star Candlestick Pattern

Morning Star Candlestick Pattern

Morning star is a three day bullish reversal candlestick pattern.

First day is a long black candlestick.

Second day is a morning star which gaps away from the long black candle.

Third day is a long white candlestick which fills the gap.

The filling of the gap & closing of the white candlestick above the gap is a strong bullish stock trading signal.

Traders should open a buy stocks trade after market stocks price closes above the gap formation of the morning star. This is confirmation signal of a buy signal generated by this candlesticks pattern.

Evening Star Candle Pattern

Opposite of the morning star

Evening Star Candlestick Pattern

Evening Star Candlestick Pattern

Evening star is a three day bearish reversal candlestick pattern.

First day is a long white candle.

The second day is evening star that gaps away from the long white candlestick.

Third day is a long black candlestick which fills the gap.

The filling of the gap & closing of the black candle-stick below the gap is a strong bearish stock trading signal.

Traders should open a sell stocks trade once the stocks market closes below the gap formation of the evening star. This is confirmation signal of a sell signal generated by this stocks candle pattern.