Three Black CrowsThree Black Crows is a candlestick pattern, which shows the strength of the declining market.It is a group of three black candles, each opening within or near the previous candle's black real body with consecutively lower closes. If this pattern appears after a distribution, then it is a sign of weakness ahead. Each of the black candlesticks should close at, or near, its lows. If the black candlesticks are very extended and gaping, it may be a sign of oversold market.
Counter part of this pattern in a candle chart is Three White Soldiers. Click here to go from Three Black Crows to Candle chart Click here to go back to Home |
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