Dark Cloud Cover and Piercing Pattern Candlesticks Patterns скачать в хорошем качестве

Dark Cloud Cover and Piercing Pattern Candlesticks Patterns

The piercing pattern cover is very similar to the bullish engulfing pattern with a very minor variation. In a bullish engulfing pattern the P2’s blue candle engulfs P1’s red candle completely. However in a piercing pattern P2’s blue candle partially engulfs P1’s red candle, however the engulfing should be between 50% and less than 100%. You can validate this visually or calculate the same. For example if P1’s range (Open – Close) is 12 , P2’s range should be at least 6 or higher but below 12. The dark cloud cover is very similar to the bearish engulfing pattern with a minor variation. In a bearish engulfing pattern the red candle on P2 engulfs P1’s blue candle completely. However in a dark cloud cover, the red candle on P2 engulfs about 50 to 100% of P1’s blue candle. The trade set up is exactly the same as the bearish engulfing pattern. Think about the dark cloud cover as the inverse of a piercing pattern. OPEN ZERODHA ACCOUNT THROUGH THIS LINK JOIN OUR PREMIUM TELEGRAM CHANNEL https://zerodha.com/open-account?c=ZM... JOIN OUR TELEGRAM CHANNEL THROUGH THIS LINK https://t.me/freeintradaytipsindia OUR WEBSITE http://www.furthergrow.in/ ----------------------------------------------------------------- #Intradaytrader #Darkcloudcover #Piercingpattern