α’αααΈαα ααΆ Bullish Engulfing?
αα·ααααα
αααααα Bullish Engulfing ααΊααΆαααααΆααααΆαααααΌααα·αααΈααα αΌαα α»αααα‘αΎααα·α αααααΆαα αααΎαααΆαααα αΆααα α α»αααααα αΌαα α»αα
ααΌαααΆα

αααααααααααΆαα
ααααΌ Bullish EngulfingααΆαα’ααααα ααααααααααΈαα½αααααααα α(ααααααα·αααΆαααΆααααααααΎαααααΆα) αα·α αααααααΈα’ ααααααα(ααααααα·αααααΆααααααααΆααααααααΎαααααΆα) ααααααααααΈα’αααααααΈααΎαααααααΈα‘ ααΆαααα αΆαααΆα’ααααα·αα αΌαααααααααααααα αααα»αααΈααααΆαα αα αααα»αααα αΌαα α»ααααααααααΆααΆααα»αααααααα ααααααααααΆαααΆααα»α ααα»ααααααΆααΆααααααΎαααΆαααααα Bullish Engulfing ααΆααΆαααααΆααααΆαα·ααααα‘ααααααα αΌαα α»αα
α§ααΆαα ααα
αα ααΆαα α»αααααα αΌα α»α αααααΎαααΆαααΆαααααα Bullish Engulfing

αααααα Bullish engulfing ααααΌαααΆααααααΎαα‘αΎααα ααααααααΈααααΆαααΎααααα ααΆαααΆαααααααα·αααΆαααΈαααα·ααα·αααα»ααααα’ααααα·αααααΆαααΎαα’ααααα·αα αΌααααααα»αααΈααααΆαα αΎααα»ααααααα’ααα‘αΎααα ααΎ α αΎααα·ααα ααΎαααααααΎαααΆαααΈαααα·ααα·αα αααααα Bullish Engulfing αααααααααΆααααΎαααΆααΆαααΆαααααΆααααααΌα ααΈαααααααααα’αΆααααααααααα’αααααααα ααΆααΆαααααααααααα’αΆααααααα’ααααα·αα αΌααααααααααααααΈααααΆα α αΎαααΆααΆαααααααΆααα’αααα»αααΆαααα±ααΆαααΎααααΈαααααααα αΌααα·αα
αααααΆαααΆααα·ααααΆα’αααΈ βTechnical Analysis and Candlestick Patternsβ αααααααΎα‘αΎαααα ααααα·ααααΆααααα Michiganαα αααα»αααααΆα 2018 ααααααengulfing pattern ααΆαα’ααααΆαααααααααα αα 65% αααα»αααΆαααααΆααααααΆααααααα αααααΆααα»αα αααΉαααΆαααΆαααΎαα‘αΎαα ααΆααα·ααααΆαααααΌααααααΆααα’αααΈααααα·αααααΆαααααΆαααααΎααααΆαααααααααα·αα·ααααααααααα αα·αααααααααααα ααΌα ααΆαααααα bullish engulfing ααΎααααΈααΆαααααααα’αΆααααααααΈααααΆα αα·αααααΎααΆααααααα α α·ααααααα»αααΆααα½αααΌααααααΆαααααα·αααααΆαααΆααα»αα
α’αααΈαα ααΆ Bearish Engulfing?
αα·ααααα
ααααΌ Bearish Engulfing ααΊααΆαααααΆααααΆαααααΆααααααΌααα·αααααααα αΌαα‘αΎα αααααΆαα αααΎαααΆαααα αΆααα α α»αααααα αΌαα‘αΎαα
ααΌαααΆα

αααααααααααΆαα
ααααΌ Bearish Engulfingβ ααΆαα’ααααα ααα αααααααΈαα½αααααααα(ααααααα·αααααΆααααααααΆααααααααΎαααααΆα) αα·α αααααααΈα’ααααααα α(ααααααα·αααΆαααΆααααααααΎαααααΆα) ααααααααααΈα’αααααααΈααΎαααααααΈα‘ ααΆαααα αΆαααΆα’ααααααα αΌααααααααααααααΈααααΆαα αα αααα»αααα αΌαα‘αΎα ααΈααααΆαααΆαααααΆααΆααα»αααααααα αααααααααααααααΆααα»α ααα»ααααααΆααΆααααααΎαααΆαααααα Bearish Engulfing αααααΆαααααΆααααΆαα·ααααα‘ααααααα αΌαα
α§ααΆαα ααα
αα ααΆαα α»αααααα αΌαα‘αΎαααΆαααααΎαααΆαααΆαααααα Bearish Engulfing

αααααα Bearish Engulfing ααΆααααααβααΈαα ααΈαα½αβααΊβααΆβααααααααβααΆαβααααα»αβααΌα βααΆα α αΎαβααΈααΈαβααΊβααΆαααααβαααβααΆαβααα αβααβααΆαβαααβααααααααααααααβαα½βααβαααβααΈαα½αα ααΆααααααΎαααααααα αΆαααΈααΆαααααΆααααααΌαααααα»αααΈα’ααααα·ααα α’ααααααα
αααααΆαααΆααα·ααααΆαααααααΎα‘αΎαααα Technical Analysis Research & Education (TARE) Foundation αααααΆαααααα»αααααααΆααα αααα»ααααΆαααΆααααααααα½ααααααααΆαα αααααΎαααΆ βAnalyzing the Efficacy of Candlestick Patterns in Modern Markets,β αααααα Bearish Engulfing ααΆαα’ααααΆαααααααααα αα 72% αααα»αααΆαααααΆααααααΆα αααΉαααΆαααΆαααααΌααα·αααΈα‘αΎαααα α»αα
(English Version)
What is the Bullish Engulfing Pattern?
Definition
A Bullish Engulfing pattern is a bullish reversal pattern that typically appears at the end of a downtrend.
Appearance

Characteristics
The Bullish Engulfing patternββ contains two candlesticks, the first candlestick is bearish, andthe second candlestick is bullish engulfing the first candlestick, indicating buyer take control in the market. During a downtrend, prices attempt to break into lower regions, but the formation of a Bullish Engulfing pattern signals a potential reversal.
Example
Look for the pattern at the end of a downtrend, where a larger bullish candle engulfs the previous bearish candle.

The bullish engulfing candlestick pattern is formed when the market opens lower than the previous dayβs close, but then buyers step in and push the price higher, closing above the previous dayβs open. The bullish engulfing candlestick pattern marks a clear transition from bearish to bullish market sentiment and an opportunity to take long positions.
According to the βTechnical Analysis and Candlestick Patternsβ study conducted by the University of Michigan in 2018, the bullish engulfing pattern has a success rate of approximately 65% in predicting future price increases. This study underscores the effectiveness of using historical price data and candlestick patterns, such as the bullish engulfing pattern, to gauge market sentiment and make informed trading decisions.
What is the Bearish Engulfing Pattern?
Definition
A Bearish Engulfing pattern is a bearish reversal pattern that typically appears at the end of an uptrend.
Appearance

Characteristics
The Bearish Engulfing pattern contains two candlestick, first candlestick is bullish and second candlestick is bearish engulfs the first candlestick indicates a shift from buyer control to seller control. During an uptrend, prices attempt to break into higher regions, but the formation of a Bearish Engulfing pattern signals a potential reversal.
Example:
Look for the pattern at the end of an uptrend, where a larger bearish candle engulfs the previous bullish candle.

The Bearish Engulfing pattern consists of two candles: the first is a smaller bullish candle, and the second is a larger bearish candle that completely engulfs the body of the first candle. This formation suggests a shift in momentum from buyers to sellers.
According to a study conducted by the Technical Analysis Research & Education (TARE) Foundation, published in their report titled βAnalyzing the Efficacy of Candlestick Patterns in Modern Markets,β the bearish engulfing pattern has a success rate of approximately 72% in predicting bearish reversals.