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3 (vi)
Three black crows
Stock Market
✤ Setup Conditions:

1. 1st candle’s close must be less than 1st candle’s open, it means 1st candle is a bearish candle.

2. 2nd candle’s close must be less than 2nd candle’s open, it means 2nd candle is a bearish candle..

3. 3rd candle’s close must be less than 3rd candle’s open, it means 3rd candle is a bearish candle..

4. 2nd candle’s low must be less than 1st candle’s low, it means 2nd candle has a lower low.

5. 2nd candle’s high must be less than 1st candle’s high, it means 2nd candle has a lower high.

6. 2nd candle close must be less than 1st candle’s low, it means 2nd candle is a breakdown candle.

7. 3rd candle’s low must be less than 2nd candle’s low, it means 3rd candle has a lower low.

8. 3rd candle’s high must be less than 2nd candle’s high, it means 3rd candle has a lower high.

9. 3rd candle’s close must be less than 2nd candle’s low, it mean 3rd candle is a breakdown candle.

✤ Type

Bearish Reversal

✤ Trend Context

Appears at the top of a uptrend or after a period of consolidation.

✤ Significance

Strongly bearish, signaling the start of a downtrend.

✤ Structure

Three consecutive long bearish (red) candles.

Each candle openns within the body of the previous one and closes lower.

✤ Psychology

Sellers consistently overpower buyers, indicating a complete shift in market sentiment to bearishness.

Each subsequent close lower reinforces the trend reversal.