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Candlesticks - Incorrect Information about Trends

Hi Team,

When I search for candlestick patterns (e.g. Bullish Engulfing), for some stocks, the website shows 'True' under both Uptrend as well as Downtrend. However, this is not possible because on a particular day, the pattern can only be formed in an uptrend or a downtrend.

For e.g. in this link, http://www.topstockresearch.com/CandleStickPatterns/ReportOnIndianStockFormingBullishEngulfingPattern.html
Bedmutha shows forming Bullish Engulfing 'True' in both Uptrend and Downtrend.

Please ensure that such things are corrected.
Posted by Richie Posted on : 09-Dec-2017

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