See also
The Identical Three Crows is a candlestick pattern indicating a bearish reversal. It is a special case of the Three Black Crows pattern. The difference is that in the Identical Three Crows, the second and third black days open at the closing level of the previous day. A marginal gap is also possible.
1. Three long candles resemble descending stairs.
2. The opening price of each candle can be equaled to the closing price of the previous session.
The model points to panic sell-offs in the market. The price suffers extra downside pressure. The closing price of each day makes the opening price for the next day. The Identical Three Crows pattern is a sign of weakening purchasing power.
This model is not flexible as it is a particular case of the Three Black Crows.
The Identical Three Crows is a type of the Three Black Crows pattern.
Forex Chart
Web-version
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.