GEO - bullish engulfing?

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GEO = 1.8 (-2.2%)

GEO formed a black candle with higher high and higher low but volume decreased.

GEO seems to have confirmed formation of a reversal pattern: bullish engulfing. It may have reversed the recent correction or downtrend to either a sideways or uptrend. The bullish engulfing seems to have been confirmed by the formation of higher high and high low but the black candle gives us uncertainty on the recent movement. This uncertainty would be diminished if GEO continues to form higher highs and higher lows. It would also be nice if GEO forms white candles with increasing volume.

Good luck to all GEO traders!

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