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Before we get to the juicy details, let’s start with some basic knowledge about the ‘three black crows’.
What exactly is the “three black crows” candlestick pattern and how does it apply to your forex trading?
For ease of use, we will start referring to the secret candlestick pattern as TBC.
For information purposes, TBC is the opposite of TWS, the ‘three white soldiers’.
What is the ‘Three Black Crows’ Pattern?
TBC is a candlestick pattern that consists of – obviously – three candlesticks.
You have probably heard of the very bullish ‘morning star’ or the ‘evening star’ candlestick pattern at some point during your forex trading trajectory. Well, that pattern also consists of three candlesticks.
However, with TBC, all three candlesticks are uniform in shape and identical in direction – i.e. they are all either bullish or bearish and about the same size.
The isolated pattern belongs to the ...
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