Dark Cloud Cover

Dark Cloud Cover is a bearish reversal pattern that continues the upward trend with a long white or green candle. The next downward candle opens at a new high and then closes below the midpoint of the first uptrend candle. The pattern is more clear when the second candle’s body is below the midpoint of the previous body. This pattern is like a dark cloud cast over the bullish trend. When another black or red candle of a smaller size is formed after the second candle, the pattern can be confirmed.