Bitcoin Cash (BCHZ18) Bullish Engulfing (Learning)
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What is a Bullish Engulfing Pattern
A bullish engulfing pattern is a candlestick chart pattern that forms when a small black candlestick, showing a bearish trend, is followed the next day by a large white candlestick, showing a bullish trend, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
You can trade this signal with a tight stop loss at the low of the engulfing candle.
I am trading LONG on BCHZ18.
If price closes below 0.0332, this signal gets invalidated.
Sharing for learning. Hit LIKE!
Namaste.
A bullish engulfing pattern is a candlestick chart pattern that forms when a small black candlestick, showing a bearish trend, is followed the next day by a large white candlestick, showing a bullish trend, the body of which completely overlaps or engulfs the body of the previous day’s candlestick.
You can trade this signal with a tight stop loss at the low of the engulfing candle.
I am trading LONG on BCHZ18.
If price closes below 0.0332, this signal gets invalidated.
Sharing for learning. Hit LIKE!
Namaste.
Transaction en cours
Beautiful. This is an educational article.
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