Engulfing pattern
Technical analysisAlso called: Engulfing
A two-candle pattern where the second body completely covers the first.
In plain terms
Control changed hands in a single session, trapping everyone on the losing side.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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A two-candle pattern where the second body completely covers the first.
Control changed hands in a single session, trapping everyone on the losing side.