Dark cloud cover pattern forex
Dark Cloud Cover is a bearish candlestick pattern.
Candlesticker, SHORT WHITE CANDLESTICK
Dark Cloud Cover forms by a bearish candlestick that opens above the close price of the previous bullish candlestick. The bearish candlestick goes down and covers most part of the body of the previous bullish candlestick.
Yes, we can still call it Dark Cloud Cover. The names are not that important.
What matters is that we can distinguish whether the formed setup is strong enough and a party has taken the full control.
Is it a bearish engulfing pattern or dark cloud cover pattern.
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Bearish Dark Cloud Cover Candlestick Chart Pattern
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