Upside
Gap Two Crows
Description
In
an uptrend, this three day bearish reversal pattern forms.
The
pattern forms with a long white candlestick the first day. This follows by a
black candlestick that gaps up above the first day. The third day, a black
candlestick opens above and engulfs the previous day. The third day closes
above the close of the first day. These two days in a row of lower closes
indicates weakening prices, indicating the end of an upward trend.
Market
Opinion
Bearish.
Pattern
