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Bearish Engulfing: A bearish engulfing an important factor in determining the strength of a trend.
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Bearish Engulfing: A bearish engulfing an important factor in determining the strength of a trend.
Put simply, if the price of the asset increased in the allotted time frame, the candle will be green or occasionally white. And that makes sense because it often signals an imminent price increase. Finally, the third candle's body should be the same size as, or slightly bigger than, the second candle's body, with an extremely brief or nonexistent lower shadow. The opposite of this is the bullish engulfing pattern. New: Wallet recovery made easy with Ledger Recover, provided by Coincover.
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