Dark Cloud Cover

The Dark Cloud Cover pattern occurs in an uptrend and is comprised of two candlesticks. The first candlestick in the pattern is a long green candle, that is accompanied with high volume. The next candlestick makes a higher high, but then sells off to close below the midpoint of the first candlestick, but not below the open of that candle. In Japan this snap back sell off is called a kabuse, which means to get covered or to hang over.

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