Dark Cloud Cover Bearish Candlestick Pattern



The Psychology
In an uptrend or within a bounce of a downtrend, the stock gaps up and immediately encounters sellers who push the stock back down. This simply signifies the possibility of a reversal that is more reliable if the gap up occurs at resistance and the black day is accompanied by a surge in volume.


Identification
A long white day is followed by a black day which gaps above the high of the white candle and then closes below the midpoint of the first day's body.

Pattern: reversal
Reliability: high



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