What is an Engulfing Candles Patterns in Stocks?

What Does Engulfing Stock Candlestick Mean? Engulfing Stock Candlestick Definition

Engulfing stocks candles pattern is a reversal candlestick pattern which can be bearish or bullish depending upon whether it appears at the end of a market down stocks trend or at the end of a market upwards stock trend.

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

Bullish and Bearish Engulfing Candles Patterns

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 stocks candlesticks pattern the color of the candlestick should be Blue

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