Dark Cloud Cover

On a Japanese Candlestick chart, Dark Cloud Cover is a bearish reversal pattern consisting of a black candlestick that follows a long bodied white candlestick during an uptrend. The long bodied black candle casts an ominous dark cloud over the preceding upward trend in price. The black candlestick opens at a new high and closes below

Hammer Japanese Candlestick

The Hammer is a bullish reversal candlestick. Hammer candlesticks occur when price moves significantly lower after the open, but rebounds to close well above the low. In a perfect hammer, this tail is twice the length of the body and the candlestick will have no upper shadow or wick. The smaller the body and the