A bearish engulfing candle is a two-candlestick pattern in technical analysis that suggests a potential reversal of an uptrend to a downtrend. It consists of a small bullish (white or green) candlestick followed by a larger bearish (black or red) candlestick that completely engulfs the body of the first candle. This pattern indicates a shift in market sentiment, with selling pressure overpowering buying pressure and potentially leading to lower prices.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.