Candlestick Patterns
Three Black Crows
The Three Black Crows is a bearish reversal pattern represented by three candles. After an upward trend, every candle has a long body and a downward direction. This pattern is commonly found during uptrends and represents how the bears react aggressively to past price increases and push the price down. Usually, this pattern takes place when the price reaches a level where the supply is very present, which initiates a trend reversal and falls in price. Traders use this pattern to close positions or open shorts.
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