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BTC/USD WEEKLY SHORT, LONG-TERM.

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BITSTAMP:BTCUSD   Bitcoin
BTC/USD WEEKLY SHORT, LONG-TERM.

The bearish engulfing is one of the most important candlesticks
patterns.
This candlestick pattern consists of two bodies:
The first body is smaller than the second one, in other words, the
the second body engulfs the previous one.

This is how a bearish engulfing bar pattern looks like on your charts,
this candlestick pattern gives us valuable information about bulls and
bears in the market.

In case of a bearish engulfing bar, this pattern tells us that sellers are
in control of the market.
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