Three Black Crows is a bearish reversal pattern. The pattern is seen after an uptrend. It consists of three large, consecutive declining (red) candles. Three Black Crows is a bearish reversal pattern.

Since this is the critical reversal candle, this candle must close lower. Above we can see the bearish evening star at work on the USDCAD currency pair prior to today’s NFP news announcement.

One Black Crow is a bearish reversal pattern. It appears on charts after a clear uptrend. In this pattern, first candle is a long white candle. Next candle opens below the closing level of ...

Outside reversal is also known as either a bullish engulfing (after a downward price move) or a bearish engulfing pattern (after an upward price move) when observed on candlestick charts.

This candlestick reversal pattern is one that marks the shift in control from bulls to bears, and it’s usually followed by a price downtrend. Failing to recognize it can really rain on your parade, ...

a smaller black or white candlestick with a short body and long wicks, and a third tall white candlestick. The opposite pattern to a morning star is the evening star, which signals a reversal of ...

A hammer is considered a potential trend reversal candle and, as such, it is very possible that the bearish effects of the May 23 bearish “outside day” candle have been replaced by the bullish ...

Yellow metal has unfolded a clear 5-wave structure from the bottoms of 2304 to 2488 ( Alternate Wave Scenario) & reversal candle is unfolding from the tops of 2488. A strong bearish candle has ...

Chartists continually seek reliable reversal signals in many forms. Among the most reliable is the three black crows candlestick pattern. It recurs often and provides very strong likelihood of ...