Upside Gap Two Crows Bearish
Pattern: Reversal
Trend: Bearish
Reliability: High
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How to
Identify it
- The first day is a
long white day continuing in an uptrend
- The second day is
black and gaps up
- The third day is also
black and engulfs the previous black day, but still
closes above the first day
What it
Means
In an uptrend the market
falters, but still closes above the previous day’s close.
The next day, it falters more but remains above the first
day’s close. This is a signal that the market can no longer
hold its position and is in for a bearish ride.
