Candlestick Charts – Engulfing Pattern

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In our previous posts dedicated to candlestick charting we talked about the Hammer, Hanging Man and Doji patterns. Today we will continue the series about reversal patterns (reversal patterns usually indicate that a trend reversal is taking place) and introduce the Engulfing Pattern, also called Engulfing Line and which can be either Bearish or Bullish. … Read moreCandlestick Charts – Engulfing Pattern