Bullish Engulfing Pattern 5 16 2017

A bullish engulfing pattern is a candlestick pattern that appears when a small candlestick is followed by a larger one that completely engulfs the previous day’s candlestick. The shadows or tails of the small candlestick are short, which enables the body of the larger candlestick to completely engulf the entire candlestick from the previous trading session.

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