PATTERN: REVERSAL

TREND: BEARISH

RELIABILITY:MODERATE

How to identify it:

·  A long white day occurs

·  The second day is a black day that completely engulfs the real body of the first day 

 What it Means:
Occurring in an uptrend, the Engulfing depicts an opening at a new high, followed by a high

volume sell-off that closes at or below the previous day's open. This signifies that the

uptrend has been hurt and the bears may be gaining strength. The Engulfing indicator is

also the first two days of the...
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