What is the Engulfing candlestick pattern

What is the Engulfing candlestick pattern

Engulfing" candlestick pattern ek prakar ka price action pattern hota hai jo technical analysis mein istemal hota hai. Is pattern mein do consecutive candlesticks hote hain, jinme se ek bada candlestick ek chhota candlestick ko puri tarah se "engulf" kar leta hai, yani ki uske range mein sama jata hai. Engulfing pattern bullish aur bearish dono prakar ke ho sakte hain. Bullish Engulfing Pattern: Yeh pattern tab hota hai jab ek chhota bearish candlestick ek bada bullish candlestick ko puri tarah se engulf kar leta hai. Iska matlab hota hai ki market initially down ja raha tha, lekin fir bullish momentum aa gaya aur price upar ki taraf badhne laga. Bearish Engulfing Pattern: Yeh pattern tab hota hai jab ek chhota bullish candlestick ek bada bearish candlestick ko puri tarah se engulf kar leta hai. Iska matlab hota hai ki market initially upar ja raha tha, lekin fir bearish momentum aa gaya aur price neeche ki taraf gira. Engulfing pattern ka importance tab hota hai jab yeh significant levels jaise ki support aur resistance levels ke aas paas form hota hai. Is pattern ka istemal traders price reversal ka pata lagane ke liye karte hain. Agar market mein ek trend ho raha hai aur engulfing pattern formation hota hai, toh yeh trend reversal hone ki possibility ka sanket ho sakta hai. Lekin yeh pattern bina confirmation ke istemal karne se risky ho sakta hai, isliye traders usually dusri indicators aur confirmatory signals ka istemal karte hain. Pattern ke sahi samajhne aur uska istemal karne ke liye practice aur technical analysis ki acchi samajh honi chahiye. Is pattern ke saath dusre factors jaise ki volume aur trend direction ko bhi dhyan mein rakhna zaroori hota hai.