Home » Currently Reading:

Three Black Crows

The 3 Black Crows is a candlestick pattern that doesn´t happen that frequently, but if you see one, sit up and pay attention. It´s a bearish formation that usually best spotted on a 24 hour chart when you are trying to figure out how the market is moving from day to day.

3 black crows

These days, you´re more likely to see 3 red crows of course, as most charts are in colour. 

The pattern is meant to signify an ominous sign: three crows sitting in a tall tree. It is a reversal formation that follows a strong advance.

The first black crow is strongest if the first candlestick — closes below the green candle’s real body (in the example above it doesn´t quite).

If you then see 2 more longred candles, over the next 2 days, you have 3 Black Crows.

Note that the lower shadows on three black crows are small, or even nonexistent.

Post to Twitter Post to Facebook Post to LinkedIn

Top Forex Brokers

online forexeToro
$10000 bonus,
Paypal, Android
Follow & Copy Traders
TRADE NOW

    online forex tradingPlus 500
    €25 Bonus, No Dep.
    FX, CFDs, iPad, iPhone, apps
    TRADE NOW

      online forexEasy Forex
      Best iPhone app, MT4, Blackberry, Fractional pips
      TRADE NOW

        online fxAva FX
        The best iPad forex app.
        Also iphone, Android
        TRADE NOW

          online fxTrading Point
          FX Bonus to $2000
          Gearing to 500:1, Phone Trading
          TRADE NOW

            online fxDukascopy
            Now a Swiss Bank
            5* iPhone, iPad apps, Newsdesk
            TRADE NOW

              online fxXForex
              $2500 bonus
              Up to 400:1 Leverage.
              TRADE NOW

              Fx Trends


              Hover top right of graph below and click "Options" for more currency pairs & timeframes.

              Market Sentiment


              Which way is the market betting on the Swiss Forex Marketplace? See Below.

              Forex Support

              forexhelpWe offer forex support and advice for anyone signing up for a real money trading account through us. We believe this to be particularly helpful for new traders.
              Click Here

              Archives