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Bullish Engulfing

The bullish engulfing candlestick pattern indicates that the buyers are now in control and that the number of buyers has outweighed the number of sellers. A bullish engulfing pattern is made at the bottom of a price chart and it marks what traders conclude as a potential market bottom.

A bullish engulfing candlestick pattern can be identified when a small red candle’s high and low are breached or engulfed by a large green candle at the bottom of a price chart. Look at the image below.

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Bullish Engulfing The bullish engulfing candlestick pattern indicates that the buyers are now in control and that the number of buyers has outweighed the number of sellers. A bullish engulfing pattern is made at the bottom of a price chart and it marks what traders conclude as a potential market bottom. A bullish engulfing candlestick pattern can be identified when a small red candle’s high and low are breached or engulfed by a large green candle at the bottom of a price chart. Look at the image below. #BullishEngulfing, #CandlestickPatterns, #MarketBottom, #TradingSignals, #TechnicalAnalysis, #StockMarket, #PriceChart, #TradingEducation, #Investing, #BullishTrend #Candlestick #Bullish
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