A Bullish Engulfing Pattern is a candlestick chart pattern that signals a potential reversal in a downtrend. It consists of two candles: the first is a small bearish candle, followed by a larger bullish candle that completely engulfs the body of the first. This pattern indicates that buyers are gaining strength and may lead to a price increase. Traders often look for this pattern near support levels or after a prolonged downtrend. The Bullish Engulfing Pattern suggests a shift in market sentiment, where buyers are starting to overpower sellers, making it a key signal for potential buying opportunities.