Bearish Engulfing Candlestick Patterns

Market Terms

We don't know everything about the markets.  We're just devoted to learners.  Taken from those smarter than ourselves, here's how we define Bearish Engulfing Candlestick Patterns.

A forex market price action signal made of two doji candles.  The engulfing occurs when a bearish candle opens at (or above) the previous candle’s closing price, yet closes below the previous candle’s open.  The second candle is the reversal signal, and reflects sellers overtaking the strength of buyers.