Dark Cloud Cover
- Type: Reversal
- Relevance: Bearish
- Prior Trend: Bullish
- Reliability: High
- # of Sticks: 2
Definition:
This is also a two-candle reversal pattern where on the first candle is long and closes up. On the second candle you see a strong opening that takes prices above the previous candle’s high but then reverses and closes near the low of the candle and well into the previous candle.
Chart Example:
