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Bearish Three Black Crows

Daily Charts:   14 found in last 10 days.   Updated Fri May 16 18:16:28 2008 CST . Click here to see them.

Weekly Charts:   18 found in last 10 weeks. Click here to see them.

Bearish Three Black Crows

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

Psychology...

Pervasive profit taking takes its toll on those who remain long. This induces a snowball selling effect in the coming days.





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