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Understanding between Bull vs Bear !
A bearish engulfing pattern is a technical chart pattern that consists of an up (white or green) candlestick followed by a large down (black or red) candlestick that engulfs the smaller up candle. ✅ This pattern can be important because it means a quick change of an uptrend (a trend of rising prices) to a downtrend (a trend of decreasing prices). A bullish engulfing pattern is a candlestick pattern that consists of a large up (white or green) candlestick fully engulfing the smaller down (black or red) candlestick from the period before. ✅ This pattern can form after a downtrend in the market and signal a reversal of price movement. It allows traders to consider going long in order to profit from any upward trajectory.
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