15. Dark cloud cover:
Dark Cloud Cover is a multiple candlestick pattern formed after the uptrend indicating bearish reversal.
It is formed by two candles, the first candle being a bullish candle which indicates the continuation of the uptrend.
The second candle is a bearish candle which opens the gap up but closes more than 50% of the real body of the previous candle which shows that the bears are back in the market and a bearish reversal is going to take place.
Traders can enter a short position if the next day a bearish candle is formed and can place a stop-loss at the high of the second candle.
Below is an example of a Dark Cloud candlestick pattern:;
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