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THREETREND RESEARCH

34 mins ago · SEBI Registration INH000022729

Bearish Engulfing pattern is a strong bearish candlestick

JPPOWER
A Bearish Engulfing pattern is a strong bearish candlestick reversal pattern that usually appears after an uptrend or near a resistance zone. It forms when a small bullish candle is followed by a larger bearish candle that completely engulfs the previous candle’s body, indicating that sellers have taken control from buyers. The pattern suggests a possible reversal or correction toward lower levels, especially when supported by high volume, resistance, or other bearish technical indicators. For confirmation, traders generally look for the price to break below the low of the bearish engulfing candle; a sustained move below this level can strengthen the bearish ***** is attached for your reference.

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