2024-12-25 15:14
Industri9⃣Dark 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.
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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.
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