Saturday, November 13, 2010

Dark Cloud Cover Candlestick Pattern

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Dark cloud cover is a bearish signal to investors, indicating that the price of a currency pair is soon the fall. Dark cloud cover begins with an advancing candlestick that is overshadowed by a declining candlestick that opens higher than the last close but also closes below the midpoint of the fist candlstick.Here is an example of the dark cloud cover candlestick pattern:

dark cloud cover candlestick pattern

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