Here we go .. 205 ..
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Dislikedand with more power and high reliability then bearish harami pattern .Ignored
DislikedPandora
i have explained on chart in post no:94761
this pattern is kabuse no bearish harami on daily GJ .Ignored
DARK CLOUD COVER
(Kabuse)
http://www.candlestickforum.com/stor...s/100904-3.jpg
Description
The Dark Cloud Cover is the bearish counterpart to the Piercing pattern. The first day of the pattern is a long white candle at the top end of a trend. The second day’s open is higher that the high of the previous day. It closes at least one-half way down the previous day candle, the further down the white candle, the more convincing the reversal. Remember that a close at or below the previous day’s open turns this pattern into a Bearish Engulfing pattern. Kabuse means to get covered or to hang over.
Criteria
Signal Enhancements
Pattern Psychology
After a strong up-trend has been in effect, the atmosphere is bullish. Exuberance sets in. They gap the price up. The bears start to show up and push the price back down. It finally closes at or near the lows for the day. The close has negated most of the previous days gains. The bulls are now concerned. They obviously see that the uptrend may have stopped. This signal makes for a good short, with a stop being the high of the black candle day. Notice that if the Dark Cloud Cover were to close lower, below the open of the previous day, it becomes a Bearish Engulfing pattern. The Bearish Engulfing pattern has slightly stronger bearish implications.
DislikedIn candlestick charting, a pattern where a black candlestick follows a long white candlestick. It can be an indication of a future bearish trend.
http://i.investopedia.com/inv/dictio.../darkcloud.gif Essentially, the large black candle is forming a "dark cloud" over the preceding bullish trend.
The dark cloud must have a closing price that is:
1) within the price range of the previous day, but
2) below the mid-point between open and closing prices of the previous day.Ignored
Dislikedthis is not exactly accurate as i see it, though it is close. for this to be a dark cloud cover, the engulfing bar would need to have risen above the high of the prevous bar.
dark cloud cover possibility for gbpusd however.Ignored
DislikedNot until we see a clean break below 210.80.
This is the second try.Ignored
DislikedA Kabuse candle is a dark cloud candle , the previous candle is a blue candle , the follow candle a red candle that goes higher and then revesrses to down side. It's reliablity is high.Ignored
Dislikedeven we can see a (approximately)confirmation for health this patternIgnored
DislikedNot until we see a clean break below 210.80.
This is the second try.Ignored
DislikedThank you very much
My chart shows a double top. With a lower open on the last candle.Ignored
Dislikedsorry for delay answer to you because i have gone for buy bread for breakfast .
please breakfastIgnored
DislikedEnjoy your breakfast ! I am having ice cream....
Now how far will she bounce from here ?Ignored