Two Crows - Bearish Reversal Candlestick Pattern

Two Crows Definition

The two crows candlestick pattern is a bearish reversal signal. The first candlestick in the formation is a long white (green) candlestick that closes near its high. The second candle gaps away from the previous days close, but finishes near its low, which is still above the high of the first candle. The last candle opens inside the body of the second candle, but sells off to fill the gap between the first and second candle. On quick glance the two crows pattern will resemble the dark cloud cover.

Two Crows Pattern Charting Example

Traders should wait for the low of the third candlestick in the two crows formation to be broken prior to initiating short positions.

Two Crows PatternTwo Crows Pattern

 


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