Two Crows Bearish
Pattern: Reversal
Trend: Bearish
Reliability: Moderate
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How to
Identify it
- The first day is a
long white day
- The second day is a
black day that gaps above the first day
- The third day is a
black day that opens within the body of the second day
and closes within the body of the first day
What it
Means
In an uptrend the market
closes lower after an opening gap upwards. This is followed
by another black day which fills the gap. The Two Crows
pattern suggests the erosion of the uptrend, and foreshadows
a trend reversal.
