
Upside Gap Two Crows |
|

|
 |
Pattern: reversal
Reliability: high
|
Identification
A long white day is followed by a black candle which gaps in the direction of the trend. The final day engulfs the small black day and closes within the gap of the first two days. The Psychology
In an uptrend or within a bounce of a downtrend, successive gaps up which close down to force a black candle to form suggests the bulls are weaken. They are not able to rally the stock intraday and the bears are starting to take over. The reliability of the increases if the gaps up bump into resistance.
The bearish Upside Gap Two Crows is similar to the bearish Two Crows and bearish Evening Star. |