If the three
black crows forms (refer to Sell Entry Rules below) at the peak of an uptrend, it is a reversal signal i.e. an exit or take profit trigger.
Not exact matches
The three
black crows and three white soldiers price action pattern are both reversal patterns that
form at the peak (sell signal) and bottom (buy signal) of a trend respectively.
When the candlesticks
form the Three
Black Crows pattern, sellers should be sure of the fact that they have gained absolute control over the market as long as this pattern stays.
We wouldn't be able to specify P values or to know how many non-
black objects remain unobserved, but every time we saw a red (or otherwise non-
black) tulip (or other
form of non-crow), we will know that we have increased the P value for all
crows being
black.