| Two Crows |
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Pattern: reversal
Reliability: moderate
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Identification
A long white day is followed by a black candle which gaps up in the direction of the trend. The final day opens within the body of the small black day, drops to fill the gap and closes within the body of the first day.
The Psychology
In an uptrend or within a bounce of a downtrend, a gap up which fails to close above its open hints at a weakening trend. The second day that gaps and then falls to fill the downside gap confirms the reversal of the trend.
The bearish Two Crows is similar to the bearish Upside Gap Two Crows and bearish Evening Star. |
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