The Formation of a Dark Cloud Cover Pattern. Dark cloud cover occurs at the peak of a stock’s current price momentum and represents an impending downturn. There are three candles that make up this ...

Hi traders, The EUR/AUD is showing a dark cloud cover pattern at the top just below D H3 but above W H5. Bearish divergence has formed and the pair should go down. 1.5740-50 is the zone for ...

The dark cloud cover pattern forms when a bullish candle is followed by a bearish candle the next day with a ‘gap up’. This means a discontinuity in the stock price chart, from the previous ...