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4.1 Bearish engulfing pattern explained

Bearish engulfing pattern is the opposite of the bullish engulfing sample. it is usually a two candle formation however it appears at the top of an up-trend. the guideline is that the 2nd, black candle has to completely engulf the physique of the prior, white candle. It does not need to engulf the wicks of the prior, white candle. The bearish engulfing pattern is best legitimate once the 2nd candle has closed. traders who make the error of predicting the shut of the second candle on a regular basis find that the sample does now not full and they are in a losing exchange.


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