Blog : Bearish Engulf Indicator
Bearish Engulf
The Bearish Engulfing pattern is a reversal pattern typically found at the end of an uptrend and consists of two candles. The first candle has a small body, followed by a larger candle whose body fully engulfs the body of the previous candle and closes in the opposite direction of the trend. Unlike the outside reversal chart pattern, it is not necessary for this pattern to fully overtake the range (high to low), only the open and the close.
Bearish Engulf Inputs | |||
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Trend Following | Mean Reversion | ||
Paint Bars? | false | Paint Bars? | false |
Bearish Engulf | Long - Entry Trigger | Long - Exit Trigger | Short - Entry Trigger | Short - Exit Trigger |
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Trend Following | - | Bearish Engulf | Bearish Engulf | Bearish Engulf |
Mean Reversion | - | Bearish Engulf | Bearish Engulf | Bearish Engulf |
Bearish Engulf | Long - Entry Confluence | Long - Exit Confluence | Short - Entry Confluence | Short - Exit Confluence |
Trend Following | - | Bearish Engulf | Bearish Engulf | Bearish Engulf |
Mean Reversion | - | Bearish Engulf | Bearish Engulf | Bearish Engulf |