The term "engulfing" refers to a candlestick pattern in technical analysis used to predict price movements. It is formed when there is a large white candle that represents an upward move, followed by a black candle that opens below the previous close and closes well above the open. This indicates that the sellers took control of the market after the initial buying pressure had subsided. The engulfing pattern suggests that the bullish trend may be losing steam or reversing course.