Sunday, April 26, 2015

Three Black Crows candlestick pattern

Three Black  Crows

Three Black Crows

Three Black Crows is a bearish candlestick pattern made up of 3 candles.
How to Identify:
    All the 3 candles are long and bearish and appear after the uptrend;
    Each candle has the Close price lower than that of the previous one;
    Each candle opens near 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.




The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).















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