JackDarwin
$YETI Bullish Engulfing Candlestick Pattern Formed at Downtrend.
Bullish Engulfing is a two-candlestick reversal pattern that signals a potential shift from selling pressure to buying momentum after a downtrend. It occurs when a strong bullish candle completely engulfs the body of the preceding bearish candle, indicating that buyers are gaining control of the market.