Candlestick Chart
A candlestick chart shows how an asset’s price moved during a chosen period using its opening, highest, lowest, and closing prices.
View TermPronunciation: en-gulf-ing pa-turn
An Engulfing Pattern is a two-candlestick formation in which the second candle’s body completely covers the first candle’s body, suggesting a possible change in market direction.
An Engulfing Pattern is a two-candlestick formation in which the second candle’s body completely covers the first candle’s body, suggesting a possible change in market direction.
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