BULLISH ENGULFING PATTERN
Chart pattern forming when a small black candlestick appears before a huge white candlestick, which entirely clouds the past day’s candlestick. The shadows or tails of the smaller candlestick are short, allowing the body of the bigger candlestick to cover the previous day’s candlestick. Certain analysts view the pattern as a signal a bull market will emerge.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | CBI retail sales volume balance | Apr | |
| 01:01 | BRC Shop Price Index | Apr | |
| 01:30 | Unemployment Rate | Mar | |
| 05:04 | BoJ MPC Interest Rate Announcement | Apr | |
| 05:04 | Monetary Policy Meeting Minutes | ||
| 05:04 | BOJ Outlook Report | ||
| 07:00 | BOJ Core CPI | Mar | |
| 08:30 | Bank of Japan Press Conference | ||
| 09:00 | Unemployment Rate | 1 quarter |
