Reblog: Candlestick patterns – 21 easy patterns (and what they mean) Part 3 of 3
In the first part of the post, we looked at Equal open and close, Doji patterns and in the second part, we looked at Short body candles. In today’s post, we will discuss Long body candlestick patterns.
Long body candlestick patterns
Dark Cloud Cover:
Dark cloud cover candlestick patterns indicate an incoming bearish reversal.
A two candle pattern, the first candle is a long green bullish candle.
The next candle opens higher but reverses and declines, the candle then closes below the center of the first candle.