Identical Three Crows Bearish
Pattern: Reversal
Trend: Bearish
Reliability: High
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How to
Identify it
- Three black days
occur, each with a close below the previous day
- Each day opens at the
close of the previous day
What it
Means
In an uptrend three long
black days occur that open at the previous day’s close. This
pattern is similar to the Three Black Crows pattern but
typifies a more severe loss of buying power. A bearish trend
is almost certain.