In the above chart, I have marked two candlestick patterns, Dark Cloud Cover and Piercing Pattern and describe their fundamentals. It is been drafted for educational purpose.
Thanks, hope you gain some leaning out of it. Regards
InsiderB
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No Bro, that's not dark cloud cover... !
NeeteshJain
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How do you define "Dark Cloud Cover"?
InsiderB
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High of 2nd candle should be greater than previous candle. That's why the above is not dark cloud cover rather it's Inside Bar, bcos Green candle engulfs following red candle completely !