Engulfing Bar Forex Indicator MT4
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EngulfingBar (BEEB, BUEB) – A candlestick formation formed by price activity. When a candle’s body, open and close, engulfs the preceding candle’s body, a bullish engulfing bar is generated. A bearish engulfing pattern, on the other hand, is defined by a bearish candle whose body engulfs the preceding candle’s body.
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