Made up of two candlesticks of almost equal sizes – a bearish followed by a bullish. It is called bullish engulfing because the size of the bullish candle completely engulfs the bearish one preceding it. Made up of two candlesticks – a bearish followed by a bullish one. What marks it out as a bullish candlestick pattern is its small body sitting on a long wick. This candlestick could either be bullish or bearish. A candlestick that has a long wick underneath it with a tiny body at the top.
