best free forex signals from Dark Cloud Cover
Published by bestsignals
best free forex signals from Dark Cloud Cover
Dark Cloud Cover is BEARISH REVERSAL
properties to place trading signals
1. Two candle pattern
2. The first candle has an open real body, in line with the Bull trend
3. The market gaps higher on the open of the second candle
4. The second candle has a filled real body
5. The second candle’s body closes ‘well into’ the body of the first, ie, below the halfway mark
of the first candle’s real body
6. The market is in an uptrend
Dark Cloud Cover and the best forex trading signals performance
Dark Cloud Cover is a marvellously gloomy sounding two candle reversal pattern
seen during an uptrend. The first candle has an open real body and is in line with
the bullish tone of the market. On the second day we see weakness after a strong
start, and a close is posted well into the real body of the first candle. While it is
generally not as strong as a Bearish Engulfing Pattern, I think the close on the
second day below the Marabuzo line of the first candle should at the very least be
treated with suspicion if you’re long.
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