What is dark cloud pattern and trade setup in options trading

What is dark cloud pattern and how to make trade setup in options trading?

The dark cloud pattern form with two candlestick and it is form at the resistance area where it the first candle should be healthy green (bullish) candle and second candle should be form red (bearish) candlestick. Second candlestick should be form at least 50% or above of previous candle.

How to make trade setup with dark cloud pattern in binary options trading.

To make trade setup whenever we spot dark cloud pattern draw horizontal line and wait for next retracement candle to close exactly at the level. Once retracement close exactly the level if new forming candle open at the same point where previous closed candle, then you can open your trade.

Note: first practice in the demo account, once you familiar with the trade setup after the you can go to real account.

open demo account with $10,000 and practice from below top broker in the world.

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