Candle Pattern | Two (Black) Crows | Three (Black) Crows

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2021-11-06 02:48

Two/Three (Black) Crows BEARISH | reversal candle pattern

Both of these patterns are reversal patterns where a bullish run peaks and pulls back. There are 3 candles required to recognize the two crows pattern and 4 candles required to recognize the three crows pattern.

In order to qualify as a Two Crow Bearish reversal candle pattern it must meet the following qualifications.

  • First candle
    • a candle in an uptrend
    • white/green body
  • Second candle
    • black/red body
    • the closing price above the prior closing price (gap between bodies)
  • Third candle
    • black/red body
    • the opening price within the prior body
    • the closing price within the body of the first line (gap close)

In order to qualify as a Three Crow Bearish reversal candle pattern it must meet the following qualifications.

  • First candle
    • a candle in an uptrend
    • black/red body
  • Second candle
    • black/red body
    • the opening price within the previous body
    • the closing price below the previous closing price
  • Third candle
    • black/red body
    • the opening price within the previous body
    • the closing price below the previous closing price

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