The three black crows pattern is formed when threefollow an or a period. The pattern indicates a 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.
In the What are value stocks? A value company is a company that app... More, the candle ideally opens up in the middle of the previous period.