Conversely, if the closing price is above the middle of the candle, it is bullish, as the formation resembles a bullish pin bar pattern. Bearish Long-legged Doji illustration ...

A Bullish Engulfing Pattern is a two-candle pattern which is often marked as a change in trend or a reversal in the ongoing trend. The two candles black and white are placed in such a way that the ...

Regional police have issued a warning after receiving a report that a push pin was found in a chocolate bar in Kitchener, Ont. Police are reminding parents and caregivers to inspect all candy ...

Once you are familiarized with identifying the bullish engulfing candle pattern it can then readily be applied to your trading. Above is an excellent example of the pattern in action on a daily ...