Upside Gap Two Crows

The Upside Gap Two Crows
The Upside Gap Two Crows Pattern
The Upside Gap Two Crows pattern is a rare candlestick pattern that is similar to the evening star pattern and the engulfing pattern, but with a few significant differences.

Upside Gap Two Crows
Discussion
The upside gap two crows candlestick is supposed to be a bearish reversal, but testing shows that it acts as a bullish continuation 60% of the time.

Bearish Upside Gap Two Crows
The bearish upside gap two crows (shita banare niwa garasu) candlestick pattern (view full size chart) is one of the triple candlestick patterns (i.e. it consists of three individual candlesticks), ...

Bearish Upside Gap Two Crows
Weekly Charts: 2 found in last 10 weeks. Click here to see them.
This pattern signals a trend...

Upside Gap Two Crows
Upside Gap Two Crows is a three candlestick bearish reversal pattern. The formation occurs in an uptrend beginning with a long bodied white candle. The second candle is black and gaps higher.

UPSIDE GAP TWO CROWS

Recognition: Three-Day reversal pattern with a Gap Up in the Uptrend
Pattern Psychology: After a strong uptrend, there is last gasp buying at the top causing a gap in price.

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.

Upside Gap Two Crows
A white candle in an uptrend is followed by a smaller black candle with a gap above the closing price of the white candle. The body of the next black bar completely covers the previous black bar.

#Upside Gap Two Crows: Upside Gap Two Crows Example A three day bearish pattern that only happens in an uptrend. The first day is a long white body, followed by a gapped open with the small black body remaining gapped above the first day.

The Bearish Upside Gap Two Crows Pattern is a three-candlestick pattern and it signals a top reversal. The first candlestick is a long white candlestick followed by a real body that gaps higher.

HIGH RELIABILITY BEARISH CANDLESTICK REVERSAL PATTERNS:
Dark Cloud Cover, Kicking, Upside Gap Two Crows, Abandoned Baby, Evening Star Evening Doji Star, 3 Black Crows, 3 Inside Down, 3 Outside Down, Upside Gap Two Crows . Three Green Soldiers
...

See also: Two Crows, Gap, Pattern, Trend, Candle