Last Engulfing Top candlestick pattern
What it shows
The shape of a bullish engulfing — a bearish candle swallowed by a bullish one — but at the top of an advance instead of the bottom of a decline. Same drawing, opposite place, and the place is what names it.
Measured, not claimed
39%
Five daily candles after this pattern, price had fallen in 39% of the 1,405 cases we measured.
32 crypto markets on Kraken, daily candles, 2013–2026. A bullish pattern promises a rise and a bearish one a fall, each larger than half that market's typical five-candle move; anything smaller counts as a promise not kept.
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