What is a bullish engulfing candlestick pattern?

A bullish engulfing candlestick pattern is a bullish reversal pattern. Whereas, the bearish engulfing candlestick pattern is a bearish reversal pattern. I’m sure if you have already started to learn about candlesticks then this is something you have undoubtedly heard of.

What is a bearish candlestick pattern?

The bearish candlestick pattern follows the same line of thought, the only difference is that it is a bearish reversal pattern that occurs at the top of an uptrend. The first candle is a bullish candle that signals the continuation of the uptrend, before the appearance of the powerful bearish candle that completely shuts down the prior candle.

What are the best bearish reversal candlesticks?

Just like its bullish counterpart, the bearish engulfing candle pattern is one of the best bearish reversal candlesticks, and is just as accurate signalling market tops.

What is a bearish engulfing candle?

A bearish engulfing candle occurs when you get a large bearish candle at the end of an uptrend that not only closes lower from the new high, but closes below the open of the last bullish candle. The candle engulfs its predecessor, negating that final push from the bulls.