Three Black Crows

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DEFINITION of 'Three Black Crows'

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

INVESTOPEDIA EXPLAINS '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.

RELATED TERMS
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  4. Momentum

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  5. Real Body

    In candlestick charting this is the wide part of a candle that ...
  6. Uptrend

    Describes the price movement of a financial asset when the overall ...
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