$ECIG chart - BEARISH DARK CLOUD COVER reversal pattern & a potential Double Top are "forming" today on large $Volume - hit upper Bollinger Band @ 0.19 resistance - EMA's 4 & 8 $KEY support levels to hold - Fast Sto hit the Overbought/Power Zone and pulled back - RSI hitting past resistance level -
Definition
This is a top reversal pattern with two candlesticks. A white candlestick appears on the first day while an uptrend is in progress. The second day opens at a new high, with a gap up and closes more than halfway into the prior white body, leading to the formation of a strong black candlestick.
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