Bullish engulfing trading is a kind of reversal pattern that usually occurs after a significant downward price movement. This kind of Engulfing pattern normally occurs when a small bearish candle is engulfed through a big bullish candle. This pattern can be referred to as a possible price reversal but we have Ignore the wicks. Moreover, even larger signal occurs whenever a bullish candle engulfs the bodies of 2 or 3 past candles.
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