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Bullish Engulfing Candle Patterns

Bearish Engulfing BTCUSD Candle in an Up Bitcoin trend

Engulfing Bitcoin Candle Pattern is a reversal candlestick setup which can be bearish or bullish depending upon whether it appears at the end of a down bitcoin trend or at the end of a upwards trend.

Bullish Candle Patterns - Types of Engulfing Candlestick Setups

Bullish Engulfing Candle Pattern - Bearish Engulfing Bitcoin Candle Pattern

Bearish Engulfing BTCUSD Candle in an Up Bitcoin trend

Colour of the first candlestick indicates btcusd crypto trend of the day.

The second candle should completely engulf the first candlestick and the candlestick should have the opposite colour.

For Bullish Engulfing the colour of the candlestick should be Blue

For Bearish Engulfing the colour of the candle-stick should be Red

Bullish Candle Patterns - Types of Engulfing Candle Patterns - Bearish Engulfing BTCUSD Candle in an Up Bitcoin trend

Evening Star BTC/USD Crypto Candle Pattern

Morning Star BTCUSD Candlestick Pattern

Bullish Engulfing Candle Setups - Types of Engulfing Candle Patterns

Morning Star BTCUSD Candle Pattern

Morning Star BTCUSD Candle Pattern

Morning star is a 3 day bullish reversal candle pattern.

First day is a long black candle.

The second day is a morning star which gaps away from the long black candle.

Third day is a long white candlestick which fills the gap.

Filling of the gap and closing of the white candle above the trading gap is a strong bullish btcusd crypto signal.

Traders should open a buy btcusd crypto trade after market btcusd crypto price closes above the gap formation of morning star candle pattern. This is the confirmation signal of a buy cryptocurrency signal generated by this candles setup.

Evening Star BTC/USD Crypto Candle Pattern

Opposite of morning star

Bullish Engulfing Candlesticks Setups

Evening Star Bitcoin Candle Pattern

Evening Star Bitcoin Crypto Currency Candlestick Pattern

Evening star is a 3 day bearish reversal candlestick pattern.

First day is a long white candle.

The second day is the evening star which gaps away from the long white candle.

Third day is a long black candle which fills the gap.

Filling of the gap and closing of the black candlestick below the trading gap is a strong bearish btcusd crypto signal.

Traders should open a sell btcusd crypto trade once the bitcoin crypto market closes below the trading gap formation of the evening star candle pattern. This is the confirmation signal of a sell cryptocurrency signal generated by this btcusd crypto candle pattern.

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