In the red circle you can see a bullish engulfing pattern and as we talked about you first have a downtrend and a bearish candle at the bottom.
You then have an open of the bullish candle at or below the previous close, and a close at or above the previous open. You can see here we close above the previous candle.
We go from a move down, forming the the bullish engulfing, and then a move up.
Now, I want to show you three upgrades you can use to get more winning trades using the bullish engulfing candle.