Engulfing pattern
A candle whose body completely covers the previous candle’s body in the opposite direction. It is a common reversal signal.
Related terms
Candlestick
A chart bar showing the open, high, low and close for a period.…
Pin bar
A candle with a long wick and a small body, showing that price was…
Doji
A candle whose open and close are almost equal, showing indecision.
Double bottom
Two lows at a similar level with a rally between. A break above…
Double top
Two highs at a similar level with a dip between. A break below the…
Flag pattern
A short, tight counter-trend channel after a sharp move. It is…