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Candlestick pattern

Bullish engulfing

A bearish candle followed by a bullish one whose real body completely covers the previous body.

Example in context

One day closes near lows; the next one opens lower and ends above the previous opening.

Prior contextHighlighted pattern · confirmation follows

Exact formation

A bearish candle followed by a bullish one whose real body completely covers the previous body.

What is happening in the market

Demand opens weakly, absorbs the previous sale and ends up controlling a greater range.

Where it matters

After a fall or setback and near support; it does not require enveloping shadows.

How to confirm it

Continuity above the set maximum and, if possible, higher volume.

When it is invalidated

Close below the low of the two candles.

Common mistake

Accept two equal bodies as an envelope or ignore that it appears within a range without a trend.