Wayne_gft3
New Member
BEARISH ENGULFING
This is how the Engulfing Bar looks like on the chart. If Bearish Engulfing Bar, it tells us that the seller is controlling the market.
When this pattern occurs at the end of an uptrend, it tells us that the Buyer is swallowed or dominated by the Seller which indicates a reversal trend signal.
This is how the Engulfing Bar looks like on the chart. If Bearish Engulfing Bar, it tells us that the seller is controlling the market.
When this pattern occurs at the end of an uptrend, it tells us that the Buyer is swallowed or dominated by the Seller which indicates a reversal trend signal.
