Traders can use the bearish engulfing pattern as a signal to initiate short positions. Typically, a stop loss is set just above the high of the engulfing candle (the top of the second one) to ...

A bullish engulfing pattern is a white candlestick that closes higher than the previous day's opening after opening lower than the prior day's close.

Here are five bullish candlestick patterns that every crypto trader should know and learn to help take your Bitcoin and crypto trading skills to the next level.

Learn to read Japanese candlestick patterns like a pro with Benzinga’s comprehensive guide. Boost your trading success.