Candlestick Patterns

Upside Gap Two Crows

The Upside Gap Two Crows is a bearish reversal pattern represented by three candles. During an uptrend, the first candle has a long increasing body. It’s followed by a bearish candle that creates a small upwards gap between the previous close and its open. The third candle also decreases and totally engulfs the previous one. The gap created between the first and second candle, is quickly closed by the third one. It closes the gap with a bearish movement which, generally, will lead to further falls in the price. The last downward candle potentially initiates a bearish reversal. Then, this pattern will generate sell signals in your trading strategy.

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