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    Home»Education»Candlesticks»Three black crows
    Candlesticks

    Three black crows

    By XanroxNo Comments
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    The three black crows candlestick pattern comprises of three consecutive long red candles with short or non-existent wicks. Each session opens at a similar price to the previous day, but selling pressures push the price lower and lower with each close.

    Traders interpret this pattern as the start of a bearish downtrend, as the sellers have overtaken the buyers during three successive trading days.

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