Posted On: 07/08/2014 10:23:14 AM
Post# of 777
ANAS Alert: Forming Bearish Dark Cloud Cover reversal pattern today......................$$$
BEARISH DARK CLOUD COVER
Definition
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick.
http://www.candlesticker.com/Pattern.aspx?lan...ttern=2205
BEARISH DARK CLOUD COVER
Definition
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick.
http://www.candlesticker.com/Pattern.aspx?lan...ttern=2205
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