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

Trading (00:39)

Episode Resources:

For a free a copy of my new e-book, "The 3 Most Profitable Chart Patterns", please visit http://www.10000trades.com

If you are new to forex trading and want to get a head start, check out my free video course at http://tradingwithvenus.com/forexintro

If you want to improve your forex trading skills, please visit http://tradingwithvenus.com/forexcourse for my Learn To Trade Forex video course which will take you through the step-by-step process of becoming consistently profitable forex trader

If you want to learn how to trade profitably, create, test and refine your strategy for manual and automatic trading, get your forex tester now at http://bit.ly/venusforextester

Connect with me through the following links:

Facebook Business Page:https://www.facebook.com/TradingwithVenus