What is Tweezer Top pattern?

What is Tweezer Top pattern?

The Tweezer Top pattern is a bearish reversal candlestick pattern that is formed at the end of an uptrend. It consists of two candlesticks, the first one is bullish and the second one is the bearish candlestick. Both the tweezer candlestick make almost the same high.   What does Tweezer Top Candlestick Pattern tell us? … Read more

What Is Dark Cloud Cover Pattern?

What Is Dark Cloud Cover Pattern?

The Dark Cloud Cover pattern is a candlestick pattern that signals a potential reversal to the downside. It appears at the top of an uptrend and involves a large green (bullish) candle, followed by a red (bearish) candle that creates a new high before closing lower than the midway point of the previous green candle. … Read more

What is Gravestone Doji Candlestick Pattern?

What is Gravestone Doji Candlestick Pattern?

The Gravestone Doji candlestick pattern can be interpreted as a bearish reversal when it occurs at the top of uptrends. The Gravestone Doji can help traders see where resistance to a pricing increase is located. It is typically used with other technical indicators to identify a possible uptrend.   What does Gravestone Doji look like? … Read more