Dark Cloud Cover Bearish Candle Sticks Setup

Dark Cloud Cover Candle Pattern

Dark Cloud Candlestick Pattern is the in the opposite market trend of piercing candlestick pattern.

Dark cloud cover candle setup is a long white body followed by a long black body.

Black body pierces the mid-point of the prior white body.

Dark cloud cover candle setup is a bearish reversal candlestick pattern that forms at the top of a upward trend.

Dark cloud cover candle set-up shows the market opens higher and closes below the midpoint of the white body.

Dark cloud cover candle setup shows that the force of the up trend is reducing/decreasing and the price trend is likely to reverse and move in a downwards direction.

Dark cloud cover candle pattern is shown known as a cloud cover - signifying and signaling the cloud as a ceiling for price upwards trend.

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Dark Cloud Candlestick Pattern - How to Trade Dark Cloud Cover Candles Setups - How to Interpret/Analyze Dark Cloud Cover Candles Setup

Technical Analysis Dark Cloud Cover Candlestick Pattern

A sell signal gets confirmed once the price closes below neckline which is the opening of the candlestick on the left of this Dark cloud cover candle setup.

This is a bearish candle pattern & price should continue moving down-wards and for a trader who puts a sell trade should also put stop loss orders just above the highest price region.

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Dark Cloud Cover Bearish Candle Sticks Setup

Dark Cloud Cover Candle Pattern