TOP 10 Reversal Candlestick Patterns Every Forex Trader Needs To Know In 2019

5 BULLISH REVERSAL CANDLESTICK PATTERNS

On these next few pages, you are going to learn about the next 5 Bullish reversal candlestick patterns.

So what are bullish reversal candlestick patterns? Well, they are candlestick patterns where if they form, they indicate that the market is may turn from a downtrend to an uptrend.

For my case, I’d like to see bullish reversal candlesticks in a downtrend form on these price levels:

  • major support levels
  • upward trendline bounces
  • fib retracement levels

These bullish reversal candlesticks can be easily incorporated into your forex trading strategies as buy signals or buy signal confirmation.

#6: Bullish Engulfing Candlestick Pattern

The Bullish Engulfing pattern is the exact opposite of a bearish engulfing pattern.

With the bullish engulfing pattern, what you have is a 2 candlestick formation where the first candlestick is a bearish candlestick that hides in the shadow of the second candlestick which is bullish.

And it looks like this:

bullish engulfing candlestick pattern

Where Bullish Engulfing Patterns Form On A Chart

Look for Bullish engulfing patterns when price is near or touching these levels:

  • major support levels
  • upward trendline bounces
  • fib retracement levels

Click the “Next” Button Below to learn about the next 4 bullish reversal candlestick patterns…

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