IFTA Certified Financial Technician Level I (CFTe I)

The 'Engulfing' candlestick pattern requires that:

Both candles have the same color The second candle's body completely engulfs the first candle's body in the opposite direction Volume must be equal on both candles The pattern must appear at a resistance level

Correct Answer:

The second candle's body completely engulfs the first candle's body in the opposite direction

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