Bullish engulfing lines. This pattern is strongly bullish if it occurs after a significant downtrend (i.e., it acts as a reversal pattern). It occurs when a small bearish (filled-in) line is engulfed by a large bullish (empty) line.
Engulfing Lines - Bullish if it occurs after a downtrend. It occurs when a small black candle is followed by a large white candle.
An Engulfing Line (Bullish) indicates a possible reversal of the current downtrend to a new uptrend. This pattern is an indication of a financial instrument's SHORT-TERM outlook.
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Description ...
Bullish engulfing lines are a sign of resistance to the reigning bearish trend. Will this resistance be enough to completely break the downturn and drive prices back up? In many cases, the answer is yes.
Bearish engulfing line : This structure appears when a black, real body t...
Bearish Harami : A two day pattern that has a small body day completely c...
Bearish Harami cross : See Bearish Harami doji.
Other reversal patterns (bullish and bearish Engulfing Lines and Islands) that occur in the peaks and valleys indicate strong resistance at those points.
 See also: Trading, Reversal, Engulfing, Trend, Pattern
  
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