Bitcoin Cash (BCHZ18) Bullish Engulfing (Learning)

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.

액티브 트레이드:

Beautiful. This is an educational article.