Often, it signals a bullish reversal but it highly depends on the price movement after the pattern formation. The fourth candle is used to confirm the price direction following the pattern.

The bullish Homing Pigeon candlestick pattern is a type of candlestick chart. This article details the bullish homing pigeon meaning followed by its formation and some examples for your better ...

On this week's edition of BNSN Paathshaala, Kunal Bothra talks about spotting a bullish engulfing pattern. He used Nifty Pharma & Nifty Midcap 50 Index chart to illustrate how to spot the pattern.

The index formed a bullish candle on the daily charts. The index opened with marginal gains and rose to 13,366.65. It witnessed mild profit-taking which saw it slip to 13,241 but the bulls quickly ...