Dark Cloud Cover – Bearish Reversal
📊 The Dark Cloud Cover is the bearish opposite of the Piercing Pattern.
✅ Formation:
1️⃣ First candle – Long green (strong buying).
2️⃣ Second candle – Red candle opening gap-up but closing below the midpoint of the first green candle.
✅ Meaning: Bulls lose control after strong start, sellers push market down → reversal sign.
📌 Example: Stock rallies to ₹580, opens gap-up at ₹590 but closes ₹570 (below 50% of green candle) → bearish reversal likely.
🧠 Rule: Stronger at resistance zones + with high volume selling.
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