2024-12-25 15:14
Industry9⃣Dark Cloud Cover (Bearish Reversal) ☁
The Dark Cloud Cover is a two-candle bearish reversal pattern that appears after an uptrend:
The first candle is a strong green candle, and the second is a red candle that opens above the previous candle’s high but closes below its midpoint.
Key Point: The Dark Cloud Cover indicates that the upward momentum is weakening, and sellers are starting to take control.
Example: After an uptrend, the Dark Cloud Cover suggests that the buying pressure is fading, and a bearish reversal could be imminent.
Like 0
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
9⃣Dark Cloud Cover (Bearish Reversal) ☁
Hong Kong | 2024-12-25 15:14The Dark Cloud Cover is a two-candle bearish reversal pattern that appears after an uptrend:
The first candle is a strong green candle, and the second is a red candle that opens above the previous candle’s high but closes below its midpoint.
Key Point: The Dark Cloud Cover indicates that the upward momentum is weakening, and sellers are starting to take control.
Example: After an uptrend, the Dark Cloud Cover suggests that the buying pressure is fading, and a bearish reversal could be imminent.
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.