Some traders call it the Bullish or Bearish Outside bar

It is the Bullish and Bearish Engulfing Bar. Those are just the 2 very basic things you need to look for when assessing an engulfing bar. The best engulfing bars close in the last 1/3 of candle in the direction that trading is going to be made. This indicates that price has closed strongly in the direction that the trader wants to trade in.
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Tai:
I have a good relationship with my dad though.
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