Three black crows is a bearish candlestick pattern that might indicate when an uptrend is about to reverse. Candlestick charts depict a security's opening, high, low, and closing prices for the day. The candlestick for stocks moving higher is white or green.
Three white soldiers is a bullish candlestick pattern that predicts the reversal of a pricing chart's present decline. Three consecutive long-bodied candlesticks open within the previous candle's genuine body and close above the previous candle's high make up the pattern.
Each candle in a three black crows pattern closes lower than the preceding one, indicating an aggressive move by the bears to drive the price down and reverse earlier bullish gains. The pattern may start with a gap down, but the second and third candles open within the body of the candles that came before them.
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And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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