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Chart Patterns

Dark cloud cover

Dark Cloud Cover is multiple candlestick pattern which is 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 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 bearish reversal is going to take place.

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