A candlestick pattern known as a bullish engulfing is created when a little black candlestick, which indicates a bearish trend, is followed the next day by a massive white candlestick. This creates a “bullish engulfing.” The body of the white candlestick should completely overlap or engulf the body of the black candlestick. The key to its reliability is the fact that it entails a strong reversal in...
