identification and importance of bulish engulfing candlestick pattern

Assalam alaikum dear members!umeed ha ap sb khairiat se hn gy or apki trading achi jaa rhi ho ge.
dear mebers aj ki post ka ka topic ha engulfing candle stick patterns or hun aj eski study karen gy or dekhen gy k ye kia hota ha or es ko kesy trade kia jata ha.
What is Engulfing Candlestick pattern?
Dear members engulfing ka lafzi meaning hota ha kha jana ha hazaf kar jana or es pattern main aik candle k bad dosri candle aisi banti ha jo k phli candle ko hazaf kar jati ha mtlb k dosri candle ki body phli candle ki body se bari hoti ha or wo phli candle ko engulf kr jati ha es lye esy engulfing candle stick kaha jata ha.

es pattern ki 2 types hoti hain jo k market k trend py depend karti ha or ye aik reversal candlestick pattern hota ha.

Bullish engulfing candle
Bearish engulfing candle


in donk types ko nechy hum detail se dacus karen gy.
What id Bullish Engulfing pattern?
Dear members ye candlestick pattern bearish trend k end main banta ha or es main aik bearish candle k bad dosri bari body wali bullish candlestick bnti ha jo k phli bearish candle ko engulf kar jati ha.
or es k bad trend reversal expect kia jata ha kr market bullish move karti ha.

How to trade it?
Dear members bullish engulfing pattern main trade leny k lye hamen pattern ki completion ka wait karna chahye. Or pattern ki confirmation k bad hamen es main entry leni chahye.
Confirmation:es pattern ki confirmation ye hoti ha k bullish candle k bad next candle jo close ho wo bullish engulfing candle k close se opr close ho.

Confirmation k bad hum es main buy ki trade le skty hain or hmara stop loss bullish engulfing candle k low k equal ho ga jb k take profit next strong resistance tk ho ga.

Re: Identification and importance of Bulish engulfing candlestick pattern

Assalamu Alaikum Dosto!

Bullish Engulfing Pattern

Price chart par jab prices sellers k bohut ziada pressure ki waja se bearish jati hai, to wahan par aksar iss ko reversal honne k imkanat hote hen, jiss main aksar kuch aise pattern hote hen, jo prices ko teezi k sath bullish push karti hen jaise, bullish engulfing pattern karta hai. Bullish engulfing candlestick pattern prices k bottom par ya bearish trend main banta hai, jo k do candles par mushtamil hota hai, jiss main pehli candle aik small real body wali bearish candle hoti hai, jiss k baad aik long bullish candle hoti hai, jo k pehli candle k apne andar cover karti hai. Pattern ki dosri candle pehli candle k bottom gap main open ho kar ussi k top close hoti hai. Pattern ki dosri candle prices ko aik to mazeed bearish jane se rokti haia ur dosra ye candle aik bullish hone ki waja se trend reversal ka kaam karti hai.

Candles Formation

Bullish engulfing candlestick pattern prices k bottom par do mukhtalif candles ka aik bullish trend reversal pattern hai, jiss ki pehli candle bearish aur dosri bullish hoti hai. Pattern main candles ki formation darjazzel tarah se hoti hai;



1. First Candle: Bullish engulfing candlestick pattern ki pehli candle aik bearish candle hoti hai, jo prices k bottom par ya bearish trend ki continuation ka kaam karti hai, q k ye aik real body wali candle hoti hai. Ye candle aik black ya red color ki candle hoti hai.


2. Second Candle: Bullish engulfing Candlestick pattern ki dosri candle aik real body wali bullish candle hoti hai. Ye candle aik long candle hoti hai, jo k open pehli candle k bottom par gap main hoti hai, jab k close pehli candle se above hoti hai. Bullish candle white ya green color main hoti hai, jo k prices ko mazeed bearish jane se rokti hai.

Explanation


Bullish Engulfing Candlestick pattern aik bullish trend reversal pattern hai, jo k do candles par mushtamil hota hai. Ye pattern prices k bottom par ya bearish trend main banne ki waja se prices ko mazeed lower jane se rokti hai. Ye pattern same to same dekhne main ulta "Bullish Harami Candlestick Pattern" ki tarah hota hai, lekin dosri candle ki real body long candle banti hai. Bullish engulfing pattern ki dosri candle aik bari real body wali hoti hai jo k pehli candle ki real body se bottom par gap main open ho kar top gap main close hoti hai. Bullish engulfing pattern ki dosri candle strong banne ki waja se prices reverse hoti hai, aur bullish trend reversal ka sabab banti hai.



Trading

Bullish engulfing candlestick pattern trend reversal ka pattern hai, jiss se market main sell ki entry karte hen. Pattern k bottom par buyers ziada active ho jate hen. Trend reversal pattern par trading trend continuation patterns ki nisbat ziada riski hoti hai, iss waja se pattern par trading se pehle market main aik bullish ya white candle ka hona zarori hai. Jiss ki real body honi chaheye, jiss main open aur close same point par na ho. Agar pattern k baad bearish candle banti hai, to ye pattern invalid ho jayega, jiss par entry nahi karni chaheye. Stop Loss pattern k sab se bottom position ya dosri candle k open point se two pips below select karen.