Candlestick Patterns

Identical Three Crows

The Identical Three Crows is a bearish pattern represented by three candles. During an uptrend, the three following candles start decreasing, being their opening price near the close of the prior candle and with similar sizes of the candle and body. The three candles are very similar in size and head in the same direction, downwards. This pattern shows how, after an uptrend, the bulls react aggressively and push the price down. Usually, this pattern leads to a bearish trend reversal. Therefore, if selected in your strategy, it will signal sells once it’s spotted in a chart.

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