#usefulmaterial

Three black crows

Three black crows is a bearish reversal pattern. It consists of three bearish candlesticks of large size, which are sequentially lined up in the form of a ladder. Each of the three candlesticks should be relatively large in size with no or small shadows.

This is a trend reversal pattern that should only be considered when it appears in an uptrend. Three Black Crows usually indicates weakness in an uptrend and indicates the potential emergence of a downtrend.

To identify the Three Black Crows pattern, look for the following criteria:

-The market must be in an uptrend.

-Three long bearish candles must appear on the chart.

-Each of these candles must open below the opening of the previous candle.

-Each candle should establish a new short-term low.

-The candles have very small (or non-existent) shadows.

The bulls had the advantage in the market, but now the bears are pushing the price down.

Pay attention to the length of the candles. The second and third candles should be about the same size to confirm that the bears are firmly in control. If the third candle is clearly smaller than the others, it indicates weakness and the pattern will not be considered reliable.