Definition
A two-candle pattern where the second body fully covers the previous body, signalling a reversal.
Example
A large bullish candle covering the previous bearish one is a bullish engulfing.
Related terms
Forex glossary
A two-candle pattern where the second body fully covers the previous body, signalling a reversal.
A large bullish candle covering the previous bearish one is a bullish engulfing.