Bearish Engulfing.
Indication:- Bearish Reversal.
Reliability :- Medium to High.
Illustration:- In a rising market a long black body candlestick wraps or engulfs the previous day’s small white body. This might signify a potential top reversal.
Bearish Engulfing.
Indication:- Bearish Reversal.
Reliability :- Medium to High.
Illustration:- In a rising market a long black body candlestick wraps or engulfs the previous day’s small white body. This might signify a potential top reversal.