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What Is Three Black Crows? Three black crows indicate a bea | TradeKeyClub | Nifty, F&O, Free Trading Signals Daily

What Is Three Black Crows?

Three black crows indicate a bearish candlestick pattern that predicts the reversal of an uptrend. Candlestick charts show the opening, high, low, and the closing price on a particular security. For stocks moving higher the candlestick is white or green. When moving lower, they are black or red.

The black crow pattern consists of three consecutive long-bodied candlesticks that have opened within the real body of the previous candle and closed lower than the previous candle. Often, traders use this indicator in conjunction with other technical indicators or chart patterns as confirmation of a reversal

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