Dark Cloud Cover Candlestick Patterns - Dark Cloud Cover Bearish Commodity Candles Pattern

Dark Cloud Cover Commodity Candle Pattern

Dark Cloud Candle Pattern is the opposite of piercing candle setup.

Dark cloud cover candlestick pattern is a long white body followed by a long black body.

Black body pierces the midpoint of the prior white body.

Dark cloud cover candlestick pattern is a bearish reversal candlestick pattern that forms at the top of a upward trend.

Dark cloud cover candlestick pattern portrays that the market opens higher and closes below the midpoint of the white body.

Dark cloud cover candlestick pattern portrays that the momentum of the up trend is reducing & market trend is likely to reverse and move in a downwards direction.

Dark cloud cover candlestick pattern is shown known as a cloud cover - signifying the cloud as a ceiling for the price upwards trend.

Dark Cloud Cover Candle Pattern - How to Trade Dark Cloud Cover Trading Candle Patterns Analysis - How to Analyze Dark Cloud Cover Candle Sticks Pattern

Technical Analysis Dark Cloud Cover Commodity Trading Candle Setup

A sell signal is confirmed once price closes below neck-line which is the opening of the candlestick on the left of this Dark cloud cover candlestick setup.

This is a bearish candlestick pattern setup and price should continue moving down-wards & for a trader who puts a sell trade should also put stop loss orders just above the highest price region.