Wayne_gft3
New Member
BULLISH ENGULFING
Bullish Engulfing Bar tells us the market is no longer under the control of the Seller and the Buyer will dominate the market.
When a Bullish Engulfing candle is formed during an UPTREND, it indicates a signal continuation and when a Bullish Engulfing candle is formed during a DOWNTREND, it is very likely that a change of trend to an UPTREND can happen.
Bullish Engulfing Bar tells us the market is no longer under the control of the Seller and the Buyer will dominate the market.
When a Bullish Engulfing candle is formed during an UPTREND, it indicates a signal continuation and when a Bullish Engulfing candle is formed during a DOWNTREND, it is very likely that a change of trend to an UPTREND can happen.