Trading the Dark Cloud Cover Candlestick Pattern

What is a Dark Cloud Cover Pattern?

The dark cloud cover pattern is a moderately strong, bearish reversal signal. Like all bearish reversal signals, a true dark cloud cover pattern only occurs after an uptrend in price. Steve Nison (the authority on candlesticks) says that a trend in price, as it relates to candlestick trading, may consist of just a few significant candles in one direction

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