What Happens in Indices after a Bearish Engulfing Candlestick Sticks Pattern?
Bearish Engulfing Index Candlestick Strategy
Bearish Engulfing candles pattern setup is a reversal candlestick pattern is bearish or bullish when it occurs at the end of a market upward indices trend.
Bearish Engulfing Indices Candle Pattern
Bearish Engulfing Index Candle Pattern
Color of the first candlestick reflects the trend of the day.
The second candle-stick should completely engulf the first candle and it should have in the opposite trend color.
For Bearish Engulfing indices candle-sticks setup the color of the candle should be Red - Bearish Trend
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