The “dark cloud cover” is a bearish reversal candlestick pattern. The dark cloud cover starts by appearing to continue an existing uptrend with a long white candle body, then the following day price opens at a new high but reverses and closes below the middle of the previous day’s bullish candle range.
At the peak of the pattern the first long bullish body candle can be white or green depending on your chart designations followed by a long bearish body that can be black or red dependent on your chart settings.
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