Incomplete Dark Cloud Cover Pattern

incomplete dark cloud cover

For a better understanding of this article, you should already know what Japanese Candlesticks are and all their features; for this reason, we suggest you to read this introductory article to Japanese Candlesticks: Japanese Candlestick Chart ( So that you can understand also the Ratings given to the Candlestick Patterns for the “quality” of the signal and for their frequency to “appear” on Charts).

Let’s analyse now the following Candlestick Pattern:  “Incomplete Dark Cloud Cover Pattern”.

 

Incomplete Dark Cloud Cover Pattern

 

incomplete dark cloud cover

 

 

– Normally it should be a signal of bearish reversal of the current Trend.

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The First Candle is white.

– The Second Candle is black; it has the Open above the Close of the First Candle. Moreover, the Close is between the Close of the First Candle and the midpoint of the Real Body of the First Candle.

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