Newscrypto.io presents Bearish Engulfing Candlestick Trading Pattern and Bullish Engulfing Candlestick Trading Pattern.
Bearish Engulfing Candlestick Trading Pattern (Sell):
The bearish engulfing signals reversal of the uptrend and indicates a fall in prices by the sellers who exert the selling pressure when it appears at the top of an uptrend
Bullish Engulfing Candlestick Trading Pattern (Buy):
The bullish engulfing candle signals reversal of a downtrend and indicates a rise in buying pressure when it appears at the bottom of a downtrend.
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