Three Black Crows

Three Black Crows is a three-line bearish reversal candlestick pattern. The first line appears in an uptrend and the other two lines open below the opening price of the previous candle but above the closing price of the previous candle. It is permissible for the opening price of the second or third candle to be equal to the opening price of the previous candle.

Three Black Crows often forms a resistance zone. It happens, however, that three black candles do not break the nearest support zone and the price moves sideways.