Three black crows

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    Three black crowsThe three black crows pattern is formed when three bearish candles follow an uptrend or a ranging period. The pattern indicates a reversal and is considered to be a strong, bearish signal.

    The three black crows pattern usually has three long candles (1), one after the other, of equal length.

    The candles close below the previous period’s low.

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    In the equities market, the candle ideally opens up in the middle of the previous period.

    Three black cows
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