Identical Three Crows |
Identical Three Crows is a bearish reversal candlestick pattern consisting of 3 candles.
How to Identify:
How to Identify:
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All the three candles are long and bearish and appear after the uptrend;
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Each candle has the Close price lower than that of the previous one;
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Each candle opens at the previous candle's Close price.
We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.
If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.
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Identical Three Crows Pattern data mining result (2014 Daily, bearish reversal)
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Identical Three Crows Pattern data mining result (2014 weekly, bearish reversal)
The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).
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