Three Black Crows

What does seen 'Three Black Crows' mean

Three black crows is a bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session's open occurring within the body of the previous candle.

Three Black Crows

BREAKING DOWN 'Three Black Crows'

As you can see from the chart above, the three black crows pattern is a sign of the bulls' lack of conviction in the current uptrend. This pattern is used to predict the top of an uptrend, but traders will want to confirm this signal with other technical indicators to confirm that the momentum is actually changing.