Candlestick Patterns Dark cloud cover

This is a bearish pattern. The pattern is more significant if the second Candle's body is below the center of the previous Candle's body.

In this Dark Cloud Pattern the first candlestick is white candlestick while second one is black candlestick.In this Dark Cloud Pattern the second day opens higher than the first candle's High. & then closes well in to the body of first candle. If the second day's close is below first day's body's 50%, then its more bearish.

Please remember that this is a Up Trend reversal Pattern & hence only be useful if there already exist a Up Trend. So the first step for using all the trend reversal patterns like this Dark Cloud Cover is seaching a trend. If the trend is missing no trend reversal pattern is of any use.







Candlestick Chart Patterns

Candlestick Patterns Long White Candle

Candlestick Patterns Long Black Candle

Candlestick Patterns Hammer

Candlestick Patterns Piercing Pattern

Candlestick Patterns Bullish Engulfing Pattern

Candlestick Patterns Morning Star

Candlestick Patterns Bullish Doji Star

Candlestick Patterns Hanging Man

Candlestick Patterns Dark cloud cover

Candlestick Patterns Bearish Engulfing Pattern

Candlestick Patterns Evening star

Candlestick Patterns Doji Star