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Three Black Crows: Bearish Reversal Pattern? 🐦🐦🐦
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What is Three Black Crows: Bearish Reversal Pattern?
These are 3 bearish candlesticks in a row. You want 3 days of good, solid moves in one direction. The whole point of this is that its indicating a supply/demand urgency; in this case it is supply coming in. This is a bearish patter; it is something we are looking to go short on or we are looking to close an existing long trade. We want to see this at the end of an uptrend. This candlestick pattern is similar to the 3 white soldiers but its flipped on its head but I think its more powerful in my opinion.
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What is Three Black Crows: Bearish Reversal Pattern?
These are 3 bearish candlesticks in a row. You want 3 days of good, solid moves in one direction. The whole point of this is that its indicating a supply/demand urgency; in this case it is supply coming in. This is a bearish patter; it is something we are looking to go short on or we are looking to close an existing long trade. We want to see this at the end of an uptrend. This candlestick pattern is similar to the 3 white soldiers but its flipped on its head but I think its more powerful in my opinion.
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