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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.

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Beautiful. This is an educational article.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.