【candlestick classroom】 Bearish Three Black Crows， etc

wsjboy

Bearish Three Black Crows



Pattern: reversal
Reliability: high

Identification
Three long black days occur with each successive open being within the body of the previous day and each successive close being below the previous day's and near the day's low.

The Psychology
In an uptrend or within a bounce of a downtrend, the three long black candles speak for themselves. If volume accompanies the move, the reliability of the pattern increases significantly.

The bearish Three Black Crows is similar to the bearish Identical Three Crows, bullish Concealing Baby Swallow, bullish Ladder Bottom and bullish Three Stars in the South and could be the beginning of the bearish Three Line Strike.

wsjboy

wsjboy

Bearish Identical Three Crows



Pattern: reversal
Reliability: high

Identification
Three black days occur with each day opening where the previous day closed.

The Psychology
In an uptrend three successive days open at the previous day's close and close down on the day. This pattern is more severe than the Three Black Crows pattern and thus has a higher reliability as a reversal pattern.

wsjboy

wsjboy

An interesting variation of the pattern:

greatinter

wsjboy

It seems failed:

wsjboy

veco: