Dark Cloud Cover Pattern.

INTRODUCTION:
Candlestick patteren takneeki tijarat mein ahem equipment hain un ko samjhna taajiron ko marketplace ke mumkina rujhanaat ki tashreeh karne aur un qiyasaat se faislay karne ki ijazat deta ha candlestick patteren ki mukhtalif kismain hain In mein sy Dark cloud cowl candlestick sample ko discuss krty chook.

What Is the Dark Cloud Cover.
Dark cloud cowl aik bearish reversal candlestick pattern ha jahan aik neechay candle ( aam tor par siyah ya surkh ) prior up candle ( aam tor par safaid ya sabz ) ke oopar khulti hai aur phir oopar candle ke wast factor ke neechay band hojati ha Pattern ahem ha kyunkay yeh raftaar mein ulta se neechay ki taraf tabdeeli ko zahir karta ha Pattern oopar ki mother batii se banaya gaya ha jis ke baad neechay candle ha tajir agli ( teesri ) mom batii par qeemat kam karne ke liye dekhte hain. Isay tasdeeq kehte hain.

Understanding Dark Cloud Cover,
My pricey contributors
dark cloud cowl pattern mein aik barri kaali mom batii shaamil hoti ha jo pehlay wali mother batii par" darkish cloud" banati ha Bearish engulfing pattern ki terhan khredar khulay mein qeemat ko ouncha dhakel dete hain lekin baichnay walay baad mein session mein qabza kar letay hain aur qeemat ko taizi se kam kar dete hain Khareed se farokht ki taraf yeh tabdeeli is baat ki taraf ishara karti hai ke qeematon mein kami anay wali ho sakti ha Ziyada tar investors dark cloud cowl pattern ko sirf is soorat mein mufeed samajte hain jab yeh oopar ke rujhan ya qeemat mein majmoi tor par izafay ke baad hota ha jaisay jaisay qeematein barhti hain pattern neechay ki taraf mumkina iqdaam ko nishaan zad karne ke liye ziyada ahem ho jata ha agar qeemat ka amal kata hwa ha to pattern kam ahem ha kyunkay sample ke baad qeemat ke katay rehne ka imkaan ha Dark cloud cowl sample ke paanch miyaar yeh hain
1- aik mojooda taizi ka rujhan
2- is up fashion ke andar aik oopar ( bullish) candle three- aglay din aik farq
four- gap up neechay ( bearish ) candle mein badal jata ha 5- bearish candle pichli bullish candle ke wast factor ke neechay band ho jati ha dark cloud cowl pattern ko mazeed safaid aur siyah mother btyon ki taraf se khasusiyat di jati ha jin ke asli jism lambay hotay hain aur nisbatan mukhtasir ya ghair mojood saaye hotay hain yeh awsaf batatay hain ke qeemat ki naqal o harkat ke lehaaz se nichala iqdaam intehai faisla kun aur ahem tha buyers pattern ke baad bearish candle ki soorat mein tasdeeq bhi talaash kar satke hain darkish cloud cover ke baad qeemat mein kami ki tawaqqa ha lehaza agar aisa nahi hota ha to sample nakaam ho sakta ha

Re: Dark Cloud Cover Pattern.

What Is the Dark Cloud Cover?

Dark Cloud Cover is a bearish reversal candlestick pattern where a down candle (typically black or red) opens above the close of the prior up candle (typically white or green), and then closes below the midpoint of the up candle.

The pattern is significant as it shows a shift in the momentum from the upside to the downside. The pattern is created by an up candle followed by a down candle. Traders look for the price to continue lower on the next (third) candle. This is called confirmation.

Understanding Dark Cloud Cover

The Dark Cloud Cover pattern involves a large black candle forming a "dark cloud" over the preceding up candle. As with a bearish engulfing pattern, buyers push the price higher at the open, but sellers take over later in the session and push the price sharply lower. This shift from buying to selling indicates that a price reversal to the downside could be forthcoming.
Most traders consider the Dark Cloud Cover pattern useful only if it occurs following an uptrend or an overall rise in price. As prices rise, the pattern becomes more important for marking a potential move to the downside. If the price action is choppy the pattern is less significant since the price is likely to remain choppy after the pattern.

The five criteria for the Dark Cloud Cover pattern are:

• 1: An existing bullish uptrend.
• 2: An up (bullish) candle within that uptrend.
• 3: A gap up on the following day.
• 4:The gap up turns into a down (bearish) candle.
• 5: The bearish candle closes below the midpoint of the previous bullish candle.

The Dark Cloud Cover pattern is further characterized by white and black candlesticks that have long real bodies and relatively short or non-existent shadows. These attributes suggest that the move lower was both highly decisive and significant in terms of price movement. Traders might also look for a confirmation in the form of a bearish candle following the pattern. The price is expected to decline following the Dark Cloud Cover, so if it doesn't that indicates the pattern may fail.
The close of the bearish candle may be used to exit long positions. Alternatively, traders may exit the following day if the price continues to decline (pattern confirmed). If entering short on the close of the bearish candle, or the next period, a stop loss can be placed above the high of the bearish candle.

There is no profit target for a Dark Cloud Cover pattern. Traders utilize other methods or candlestick patterns for determining when to exit a short trade based on Dark Cloud Cover.
Traders may use the Dark Cloud Cover pattern in conjunction with other forms of technical analysis. For example, traders might look for a relative strength index (RSI) greater than 70, which provides a confirmation that the security is overbought. A trader may also look for a breakdown from a key support level following a Dark Cloud Cover pattern as a signal that a downtrend may be forthcoming.

Example of Dark Cloud Cover

The following chart shows an example of the Dark Cloud Cover pattern in the VelocityShares Daily 2X VIX Short Term ETN (TVIX):



In this example, the Dark Cloud Cover occurs when the third bullish candle is followed by a bearish candle that opens higher and closes below the midpoint of the last bullish candle. The pattern successfully predicted a downturn in the following session where the price moved nearly seven percent lower. That session provided confirmation.
If entering short, the initial stop loss could be placed above the high of the bearish candle. Following the confirmation day, the stop loss could be dropped to just above the confirmation day high in this case. Traders would then establish a downside profit target, or continue to trail their stop loss down if the price continues to fall.