A.I. analysis
Mark
Same chart, regular candles, is 10/10 a bearish engulfing candle?
ChatGPT
Yes. The 10/10 candle is a bearish engulfing pattern.
Details
- The body of 10/10 (blue) fully covers or exceeds the body of 10/9 (yellow).
- 10/9 was bullish, showing upward intent.
- 10/10 opened above 10/9’s close and closed well below its midpoint.
- Engulfing volume confirms strong selling pressure.
Interpretation
This marks a potential short-term reversal or confirmation of renewed bearish control, especially if followed by lower closes.
Follow-up chart
Chat’s comment about ’10/9 was bullish, showing upward intent’ made me curious. I could not quite see this on the regular chart. I switched to the bar chart and immediately understood Chat’s comment.
