Use one of the best #Candlestick patterns, #Mastercandle to find amazing trading opportunities

#Technicals #Candlestick 📊

👉Just learn the candles name like you print the image in mind😇

👉 Once you identify the candle break it down further to get detailed info about the move

#Bitcoin #Learning

Happy Trading

#Technicals #Candlestick 📊

👉Just learn the candles name like you print the image in mind😇

👉 Once you identify the candle break it down further to get detailed info about the move

#Bitcoin #Learning

Happy Trading 😎

#Educational

What is Engulfing Candlestick Pattern ?

#Engulfing candlestick pattern is a popular candlestick pattern used in technical analysis to indicate a potential trend reversal or continuation. It is formed when a smaller candlestick is completely engulfed by the body of a larger #candlestick that follows it.

There are two types of Engulfing Candlestick patterns:

1. Bullish engulfing pattern: This pattern occurs when a small #bearish candlestick is followed by a larger #bullish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bullish signal, indicating a potential reversal of a #downward trend.

2. Bearish engulfing pattern: This pattern occurs when a small #bullish candlestick is followed by a larger #bearish candlestick, with the body of the latter completely covering or engulfing the body of the former. This pattern is usually seen as a bearish signal, indicating a #potential reversal of an upward trend.