BULLISH
ENGULFING LINES
This
pattern is strongly bullish if it occurs after a significant
downtrend (it may serve as a reversal pattern).
It
occurs when a small bearish (filled-in) candle is engulfed
by a large bullish (empty) candle.
Variation
Example
In
this example one candle (including wick) engulfs 10 smaller
candles indicating there is still life in the upward movement.
Not a good place to think of an entry point for going short!
