Bullish reversal is the reversal of the direction of the stock price which was originally bearish to bullish. A bullish reversal gives a sign that the stock price trend, which had previously been down, will stop going down because it's time to go up (reversal).

In order for a stock to be considered experiencing a bullish reversal pattern, it must meet the following characteristics:

A bullish reversal must be preceded by a downtrend. After the reversal pattern occurs, the stock price begins to experience a rebound/retest so that it can be called a bullish reversal, for that a stock must first undergo bullish conformation.

Bullish confirmation means that several stock price patterns (candlestick and chart patterns) have been found which signal a bullish reversal.

there are seven candlestick patterns "two candlestick" patterns that describe a bullish reversal pattern including:

BULLISH HARAMI

Another name for Bullish Pregnant.

2 candles format.

Started with a downtrend.

The first candle is black.

The second candle is white.

The second body candle is inside the first body candle.

BULLISH HARAMI CROSS

Another name for Bullish Pregnant Cross.

2 candles format.

Starting with a downtrend,

The first candle is black.

The second candle is in the form of a doji.

The doji is inside the body of the first candle.

The difference with the Bullish Harami only lies in the "shape" of the second candle, which is in the form of a doji in this formation.

BULLISH HOMING PIGEON

2 candles format.

Started with a downtrend.

The first candle is black.

The second candle is also black.

The second body candle is inside the first body candle.

The difference with the Bullish Harami only lies in the "color" of the second black candle in this formation.

MATCHING LOW

2 candles format.

Started with a downtrend.

The first candle is black.

The second candle is also black.

Very similar to Bullish Homing Pigeon.

The difference only lies in the closing price of the second candle which is the same as the closing price of the first candle in this Matching Low pattern.

BULLISH ENGULFING

2 candles format.

Started with a downtrend.

The first candle is black.

The second candle is white.

The first body candle is inside the second body candle.

PIERCING LINE

2 candles format.

Started with a downtrend.

The first candle is black.

The second candle is white.

The opening price of the second candle is below the closing price of the first candle.

Then the closing price of the second candle passes (above) the middle of the body of the first candle.

2 candles format.

Started a downtrend.

The first candle is black.

The second candle is white.

What is noticed in this pattern is the lowest price of the first candle and the lowest price of the same second candle.