• Three Black Crows

  • Type: Reversal
  • Relevance: Bearish
  • Prior Trend: Bullish
  • Reliability: High
  • # of Sticks: 3

Definition:

A Very powerful reversal pattern, this pattern contains three candles.  The first long down candle is followed by a gap up toward around the middle of the first candle but a close below the previous candle’s low.  Then the second down candle is followed by another gap up toward the middle of the second candle but again the stock drifts the previous candle’s low.

 

Opposite: Three White Soldiers