Bearish REVERSAL BAR
What does it look like?
A reversal bar is a particular instance of a reversal bar that shows clearer signs of a reversal.
A The Bearish Engulfing Candlestick Pattern is considered to be a bearish reversal pattern, usually occurring at the top of an uptrend. The pattern consists of two red Candlesticks:
Note:
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7th Dec 2019(Bearish EnguEngulf Intraday Day)
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I know this article is targeted at beginners, but I think it's a great reminder for experienced traders as well, who sometimes forget the basics when they are focusing on more complicated strategies. Thanks! Great refresher!
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ReplyDeleteAwesome, easy to understand, article! Great starting point to those who want to start understanding graphs and mentality! Wish I had an article like this when I 1st started studying and trading.
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