Three Black Crows

Three Black Crows Pattern for NT8

The Three Black Crows pattern is a bearish three bar reversal pattern and may indicate a reversal at the end of an uptrend. To learn more, check out the video below:

What is the Three Black Crows Pattern

TheThree Black Crows pattern is composed by three large consecutive down-closes. All three bars must have moderately sized upper and lower shadows. Finally, the second bar opens inside the body range of the first bar and likewise, the third bar opens inside the body range of the second bar.

Being a reversal pattern, theThree Black Crows should occur during a minor bullish swing trend. The minimum swing trend deviation threshold is user selectable via the indicator dialogue box.Likewise, the definition of the large body and wick size requirements may also be defined as per user preference. The bullish equivalent to this pattern is the Three White Soldiers.

Other bearish candlestick patterns

Other bearish candlestick patterns include the bearish belthold, bearish engulfing, bearish harami, bearish harami cross, black marubozu, dark cloud cover, shooting star, gravestone doji, hanging man, evening star,evening doji star, long black candle, tweezers top and the falling three methods.

TheThree Black Crows and the above patterns may be identified with our candlestick pattern indicator for NinjaTrader 8. Check out the LizardIndicators Premium Section for more information.