✨The Engulfing Pattern is an important candlestick pattern that indicates a potential trend reversal in the market. This pattern consists of two candlesticks. The first candlestick is relatively small, while the second candlestick is larger and completely engulfs the first one. This act of engulfing means the second candle "swallows" the first candle.

✨A Bullish Engulfing Pattern forms when the first candlestick is bearish (red), followed by a larger bullish (green) candlestick that completely covers the open and close of the first candle. This signals that buyers are gaining strength in the market, and there is a possibility of the price moving upwards.

✨A Bearish Engulfing Pattern occurs when the first candlestick is bullish (green), followed by a larger bearish (red) candlestick that fully engulfs the first one. This indicates selling pressure in the market and suggests that prices may decline.

✨This pattern becomes more effective when used in combination with other technical analysis tools.

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