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Bullish Engulfing Strategy

HPotter Wizard  
Candlestick Analysis Bullish Patterns Engulfing Candle strategy engulfingpattern
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candlestick bullish engulfingcandle strategy engulfingpattern
This is a bullish reversal pattern formed by two candlesticks. Following a downtrend,
the first candlestick is a down candlestick which is followed by an up candlestick
which has a long real body that engulfs or contains the real body of the prior bar.
The Engulfing pattern is the reverse of the Harami pattern.

WARNING:
- This script to change bars colors.
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