A bearish engulfing candle

A bearish engulfing candle occurs after a significant uptrend. Again, the shadows need not be  surrounded.

In order for the Bullish Engulfing signal to be valid, the following conditions must exist:

• The stock must have been in a definite downtrend before this signal occurs. This can be visually seen on the chart.
• The second day of the signal should be a white candle opening below the Close of the previous day and closing above the Open of the previous day’s black candle.

For example