The Bullish Engulfing pattern is a two day bullish pattern that forms when a small black candlestick is followed by a large white candlestick that completely eclipses or "engulfs" the previous day's candlestick. This trend suggests the bulls have taken control of a security's price movement from the bears.
The Bearish brother of this pattern is the Bearish Engulfing pattern.
Last Updated: 11 May 2025, 11:41 p.m. (IST)