engulfingpattern

​Hello, fellow traders! We continue our educational journey in professional Japanese candlestick reading. After covering the basics, individual candles, and Doji candles, today we move on to one of the strongest multi-candle reversal patterns and the most accurate on the chart:
Engulfing Pattern.
​🎯 Rule #4: "When a candle engulfs its previous candle completely.. know that the balance of power has tipped in favor of the new side"