Engulfing Pattern (Hollow)
Bearish Reversal

Interpretation

A third candle, filled and closing lower than the second candle is confirmation of the reversal. See Three Outside Down, a bearish reversal pattern.

Similar or Inverse Patterns
Engulfing Pattern (Doji) Bearish Reversal
Three Outside Down Bearish Reversal
Engulfing Pattern (Doji) Bullish Reversal
Engulfing Pattern (Filled) Bullish Reversal

Recognition Guidance
In an uptrend the first candle is hollow, but could also be a doji. The second candle's filled body (not the wick) completely engulfs the first candle's body.

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