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Bearish Upside Gap Two Crows


This pattern signals a potential trend...

Reversal


How to identify...
  1. 1st day is a long white day.

  2. 2nd day is red and gaps above the 1st day.

  3. 3rd day is red and opens above and engulfs the 2nd day.

  4. 3rd day closes above the close of the 1st day.
Similar pattern(s)...

» none

Psychology...

The gap created on the 2nd day has already started to be tested by the 3rd day. Two consecutive lower closes places a damper on the bullishness. Look for lower prices and the gap to be filled soon.



Recent Scan Results...
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Last Day: 0 Last Week: 0
Last 10 Days: 9 Last 10 Weeks: 5




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