Dark cloud cover is a bearish pattern after an uptrend: a long white candle, then a black one that opens above its high and closes below its midpoint.
Indicators, candlestick patterns, chart patterns and price-action method.
Technical Analysis & Price Action
Indicators, candlestick patterns, chart patterns and price-action method.
All articles, page 20
The piercing pattern is a bullish reversal after a downtrend: a long black candle, then a white candle that opens below its close. See how to trade it.
The evening star is a bearish reversal pattern that appears after an uptrend. See how to recognise it on a chart and how to use it to plan a trade.
The morning star is a bullish reversal pattern that appears after a downtrend. See how to spot it, what it says about sellers, and how to trade it.
The hammer is a bullish reversal candle with a small body and a long lower shadow, named for its shape. See how to identify the pattern and trade it.