Home / Glossary Item : Dark Cloud Cover Pattern

dark cloud cover

A bearish reversal signal. In an uptrend a long white candlestick is followed by a black candlestick that opens above the prior white candlestick’s high (or close) and then closes well into the white candlestick’s real body—preferably more than halfway. The bullish counterpart of the dark-cloud cover candlestick pattern is the piercing pattern.
Get More FREE Training at Candlecharts Academy

« Back to All Candlestick Patterns
Copyright © Candlecharts.com |   Top