Jan 15, 2012 - Candlestick, Forex, Stock    No Comments

Identical Three Crows Bearish

Identical Three Crows Bearish

Pattern: Reversal
Trend: Bearish
Reliability: High
How to Identify it
· Three black days occur, each with a close below the previous day
· Each day opens at the close of the previous day

What it Means
In an uptrend three long black days occur that open at the previous day’s close. This pattern is similar to the Three Black Crows pattern but typifies a more severe loss of buying power. A bearish trend is almost certain.

Yet Another Related posts:

  1. Falling Three Methods Bearish
  2. Evening Doji Star Bearish
  3. Evening Star Bearish
  4. Abandoned Baby Bearish
  5. Dark Cloud Cover Bearish

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