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Bearish Identical Three Crows

Daily Charts:   4 found in last 10 days.   Updated Thu Mar 11 18:16:04 2010 CST . Click here to see them.

Weekly Charts:   12 found in last 10 weeks. Click here to see them.

Bearish Identical Three Crows

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. Three consecutive long black days with lower closes each day.
  2. Each day opens at the previous day's close.

Psychology...

This formation could represent panic selling. Each closing price establishes the opening price for the next trading day. Additional downside price action should follow.





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