Trading Traps: The Reversal Secret of the Bullish Engulfing Pattern! Gentlemen, pattern analysis is a crucial part of technical analysis. Today, let's discuss the seemingly contradictory bullish engulfing pattern (actually a bearish signal). As shown in the chart, don't rush to conclusions when a bullish engulfing pattern appears. It requires at least five price touches to confirm its validity. When the supply and demand curves intersect, the price action shows a series of higher highs (HH) and higher lows (HL). Once a valid breakout occurs, placing the base range below the breakout point helps us confirm the volume and price dynamics. What appears to be an upward signal may actually be the prelude to a decline. The key lies in judging the breakout and the volume-price relationship. Mastering the analysis method of this special pattern can help us avoid pitfalls in trading. However, trading risks are ever-present. This knowledge is for reference only; please exercise caution when making judgments in actual trading! #BinanceABCs