How to trade BULLISH ENGULFING?
Trend: Any trend
Information: Indicates a possible price reverse
Timeframe: From 1D
Shape: One bearish candle that is completely engulfed by the bullish candle
Body: The smaller the shadow on the candles, the greater the chance of the pattern triggering
Lows and Highs: The lows and highs of the second candle mostly are greater than those of the first
Volume: Volumes of the second candle exceed the first
Support Level: If the second candlestick tested the support level and engulf the first one, this is another confirmation of the pattern