dark cloud cover candlestick

Introduction:

Dark cloud cover pattern do (2) candles par mushtamil pattern hai. Dark Cloud Cover Candlestick Pattern aik bearish (downward) trend ulat (reversal) pattern hai, jo ziada tar high price area ya bullish trend k baad hota hai. Ye pattern qeematon k bullish trend ko 2nd black k bare real body ki madad se khatam karta hai, jo k pehle white candle darmeyan ya darmeyan (midpoint) se thora sa nechay ja kar close hoti hai. Dark cloud cover Piercing line pattern ka opposite pattern hai.


Pattern ki Pehchan ka Qayeda:

1. Dark cloud cover pattern aik bullish trend reversal pattern hai, is waja se qeematon ka pehle se high area ya bullish trend me hona chaheye.
2. Pattern do (two) candles par mushtamil hai, jis me pehle candle aik bari white candle hoti hai.
3. Pattern ki 2nd black candle 1st white candle se upper (above) thore se gap me open hoti hen, lekin qeematon pe selling pressure ki waja se candle downward a kar white me dakhil ho kar close ho jati hai.
4. Pattern me 2nd black candle white candle k real body k darmeyan me ya us se thora sa nechay close hoti hai.

Pattern ki Tafseel:

Dark cloud cover pattern ka shumar un patterns me hota hai jo k qeematon ko ulat (reversal) karwati hai. Ye pattern market k high prices area ya bullish trend me banta hai, jis se qeematen bearish trend me reversal ho jaten hai.
Dark cloud cover pattern do mukhalif colour ki candles par mushtamil hota hai, jis me 1st candle aik white real body wali bari candle banti, jo k qeematon k upward side pe teezi dekhati hai. Dosra 2nd black candle ki open point white candle se uper gap me hota hai, jo qeematon pe buyers k dabao ko zahir karti hai.
Lekin market ki qeematon me tabdeeli us waqat ban jata hai, jab black candle bullish move karne ki bajaye downward ana shoro karti hai, yanah tak k ye candle white candle k real body k midpoint ya us se thora sa nechay ja k close ho jati hai. 2nd Black candle ki bari real body market me qeematon pe bullish dabao ko khatam kar deti hai aur yanan se qeeamton ko aik naye trend k leye tayar karti hai.

Trading ka Amal:

Dark cloud cover pattern ka shumar aik strong bearish reversal pattern me hota hai, jo k traders k leye sell ki signal ki opportunity muhaya karta hai. Ye pattern agar market k centre me ban jata hai to us position pe ye ziada mazbot nahi hota hai, lekin pattern ki ahmeyat us waqat ziada hoti hai, jab bhi ye pattern ziada qeematon wale area ya bullish trend k baad banta hai.
Dark cloud cover pattern me 2nd black candle ki real body aur position bohut ziada aham hai. Is pattern me candles k shadow ki koi ahmeyat nahi hai, lekin ye wick candle ki real body se kam hona chaheye ya candle ki real body k hise ko cover na karen.
Dark cloud cover pattern me 3rd confirmation candle ka intezar zarori hai, agar wo candle 1st candle aur 2nd candle k baad close hoti hai, to ye bearish trend ko confirm karne k leye kafi hai. Lekin agar 3rd candle bullish ya doji candle banti hai to ye trend k tasalsul ki alamat hoti hai, is waja se pattern k top position jahan se black candle open hoti hai ye black candle ki high price area pe stop loss ko put karen.

Re: Dark cloud cover candlestick

The Dark Cloud Cover is a bearish reversal candlestick pattern that typically occurs after an uptrend. It consists of two candlesticks:

1. The first candlestick is a bullish candlestick that has a long body and a long upper shadow. This indicates that buyers were in control during the trading session, pushing prices higher.
2. The second candlestick is a bearish candlestick that opens above the high of the previous day's candlestick. The bearish candlestick then closes below the midpoint of the previous day's candlestick, forming a dark cloud cover over the previous day's bullish candlestick.

The dark cloud cover pattern suggests that the bullish momentum from the previous trading session has been exhausted, and that bears have entered the market, potentially reversing the previous uptrend. This pattern can be an indication for traders to consider short positions or to take profits on long positions.
It is important to note that as with any technical analysis tool, the Dark Cloud Cover pattern should not be relied upon as the sole basis for making trading decisions. Other technical and fundamental analysis tools should also be considered before making any trading decisions.

Re: Dark cloud cover candlestick

The Dark Cloud Cover is a bearish candlestick pattern that appears on a price chart, indicating a potential trend reversal. The pattern consists of two candles, with the first one being a long white or green candle, and the second one being a long red or black candle. The second candle opens above the previous day's high, but then closes below the midpoint of the first candle's body.This pattern is a warning sign that the bullish momentum may be weakening and that the bears are starting to take control. The larger the second candle is, the more bearish the signal becomes. Traders often use this pattern as a signal to sell or take profits on long positions and/or to initiate new short positions.It's important to note that the Dark Cloud Cover is just one of many candlestick patterns used in technical analysis, and traders typically use other indicators and chart patterns to confirm their trading decisions. Additionally, as with all technical analysis tools, there is no guarantee that the Dark Cloud Cover pattern will always be a reliable predictor of market movements, and traders should always use risk management strategies to protect their capital.

Re: Dark cloud cover candlestick

The dark cloud cover is a bearish reversal candlestick pattern commonly used in forex trading. It is formed by a long bullish candlestick followed by a long bearish candlestick that opens above the high of the previous candlestick and closes below the midpoint of the previous candlestick.The pattern suggests that the bullish momentum has weakened, and the bears may be taking control of the market. Traders use this pattern as a signal to sell or short the currency pair.It is important to note that no trading strategy is 100% accurate, and traders should always use risk management techniques to manage their trades. Additionally, it is important to consider other technical indicators and fundamental factors when making trading decisions.