Candle Stick pattern : Three Black Crows

[Md Mizanur Rahman]

The bearish three black crows reversal pattern starts at or near the high of an uptrend, with three black bars posting lower lows that close near intrabar lows. This pattern predicts the decline will continue to even lower lows, perhaps triggering a broader scale downtrend. The most bearish version starts at a new high (A) because it traps buyers entering momentum plays. According to Bulkowski, this pattern predicts lower prices with a 78% accuracy rate.

 

[ang chye]

thanks for sharing

 

[Andrea]

thanks for sharing

 

[axl]

interesting

 

[Eurofly]

The bearish three black crows reversal pattern starts at or near the high of an uptrend, with three black bars posting lower lows that close near intrabar lows. This pattern predicts the decline will continue to even lower lows, perhaps triggering a broader scale downtrend. The most bearish version starts at a new high (A) because it traps buyers entering momentum plays. According to Bulkowski, this pattern predicts lower prices with a 78% accuracy rate.

thanks for sharing