English, asked by likhitrajbehera, 9 months ago

It was like a tiny dark cloud. a. What is the author referring to? b. Why is 'it' like a 'dark cloud'? c. How did other react to this darkness?​

Answers

Answered by Nitinsingh192
3

Answer:

Dark Cloud Cover is a bearish reversal candlestick pattern where a down candle (typically black or red) opens above the close of the prior up candle (typically white or green), and then closes below the midpoint of the up candle.

The pattern is significant as it shows a shift in the momentum from the upside to the downside. The pattern is created by an up candle followed by a down candle. Traders look for the price to continue lower on the next (third) candle. This is called confirmation.

Similar questions