$NMDC The bearish engulfing pattern is a two-candlestick reversal pattern that typically forms at the end of an uptrend, signaling potential bearish reversal. It occurs when a small bullish (green) candle is followed by a larger bearish (red) candle that completely engulfs the body of the previous candle. This indicates that sellers have taken control, overpowering the buyers, and often leads to a price decline. The stronger the engulfing candle and the higher the volume, the more reliable the pattern is considered by traders for anticipating a trend reversal.
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