Black Cloud Candle Pattern (Reversal)
It is a negative reversal pattern consisting of two candles and comes at the end of an upward trend where a large bearish candle is formed and its closing price is at or below the middle of the previous bullish candle, which preferably consists of a large body, while the opening price of the second bearish candle is higher than the closing price of the first bullish candle.
Piercing Line Candle Pattern (Reversal)
It is the opposite of the black cloud candle pattern, which is a positive reversal pattern consisting of two candles and comes at the end of a downtrend, where a large bullish candle is formed and its closing price is at or above the middle of the previous bearish candle, which preferably also consists of a large body, while the opening price of the second bullish candle is lower than the closing price of the first bearish candle.
