Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» DIVIDEND ANNOUNCEMENTS- OCT/NOV
by ruwan326 Today at 3:34 pm

» ##FUN TOONS###
by ruwan326 Today at 3:27 pm

» SRI LANKA @ 2020
by ruwan326 Today at 3:21 pm

» FOREIGN NEWS
by ruwan326 Today at 2:35 pm

» Daily Foreign Transactions
by ruwan326 Today at 2:34 pm

» CTCE, UAL, AAIC,JINS moving up
by mark Today at 2:03 pm

» TFC nine months loss going to be more than 3 billion
by Asia Today at 1:51 pm

» #PM Crisis#
by samaritan Today at 9:06 am

» No more DEALS -NO more kalu351/wisdom79
by ruwan326 Today at 7:12 am

» MARKET CRASH - GUARANTEED
by Maharaja Today at 5:40 am

» Stock Market Tomorrow??
by ruwan326 Today at 4:32 am

» ALHP WILL MOVE UP from next MONDAY
by ruwan326 Today at 4:25 am

» PLAYERS PICK OF THE DAY
by ruwan326 Today at 4:20 am

» Fresh Cut Bank Instruments (Lease Option/Sales Option)
by reliablemandate Sat Dec 15, 2018 5:27 pm

» ALHP WILL MOVE UP SOON
by wisdom79 Sat Dec 15, 2018 3:55 pm

» අනං## මනං ##
by ruwan326 Sat Dec 15, 2018 1:54 am

» Financial Reports Q-3 2018
by ruwan326 Fri Dec 14, 2018 4:19 pm

» CSE WEEKLY
by ruwan326 Fri Dec 14, 2018 4:15 pm

» Dealing by directors
by ruwan326 Fri Dec 14, 2018 4:09 pm

» CROSSINGS TODAY
by ruwan326 Fri Dec 14, 2018 3:29 pm

» News Behind CTCE.N0000 Running?
by Agape Fri Dec 14, 2018 6:37 am

» දුනාමි CSEC කැපිටල් එක 98% ජනශක්ති සමූහය මිලයට ගන්නෙත් BFN ගනුදෙනුව ස්තිරවම වෙන නිසා කියලයි තතු දත්තෝ කියන්නේ
by ruwan326 Fri Dec 14, 2018 3:52 am

» FOR all the BFN/CFVF/JINS Promoters
by ruwan326 Fri Dec 14, 2018 2:55 am

» HDFC is the luckiest bank!
by easthetic Fri Dec 14, 2018 2:17 am

» GOOD COUNTERS AT THE MOMENT
by sanjulanka Fri Dec 14, 2018 1:19 am

» CTCE and JINS
by Agape Thu Dec 13, 2018 12:06 pm

» Asia Asset Finance announces Rs. 425 mn IPO
by Chillr_25 Thu Dec 13, 2018 9:18 am

» CSE THIS WEEK
by ruwan326 Thu Dec 13, 2018 5:33 am

» @RANFERDI, YAhapalan, In which list are you? Puravesi Lithro List, or Kiriella List or other list
by ruwan326 Thu Dec 13, 2018 4:57 am

» Keep eye on ASIY
by ruwan326 Thu Dec 13, 2018 4:53 am

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Charts & Graphs » Chart Pattern - Three Black Crows

Chart Pattern - Three Black Crows

Go down  Message [Page 1 of 1]

1 Chart Pattern - Three Black Crows on Sun Apr 24, 2011 2:07 pm

Quibit

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
[You must be registered and logged in to see this image.]

Today let's learn about another important chart pattern called the Three Black Crows. This is a bearish candlestick pattern that is used to signal a reversal in the current uptrend. The pattern consists of three long black candlesticks falling one after the other with each candle's open occurring within the body of the previous candle.

[You must be registered and logged in to see this image.]

To recap an earlier discussion of ours a black or a colored candlestick would mean that the closing is lower than the opening. Therefore, the opening price of the candlesticks in question is at the top of it and you can see that the opening of the 2nd candlestick is falling within the body of the 1st candlestick and the opening of the 3rd candlestick falling within the body of the 2nd candlestick.

BUY/SELL Signals

So if you spot Three Black Crows near the top of an uptrend stock chart the good times are about to change. But forewarned is forearmed! In other words this is a SELL signal. But as we always remind you, chart signals should not be used in isolation.

Sri Lanka Equity Analytics
www.srilankaequity.com

2 Re: Chart Pattern - Three Black Crows on Tue Sep 27, 2011 2:11 pm

rmark

avatar
Manager - Equity Analytics
Manager - Equity Analytics
Thank you for sharing these valuable articles

3 Re: Chart Pattern - Three Black Crows on Wed May 16, 2012 10:13 am

peoplestar


Stock Trader
Candlestick patterns are more useful than other chart like bar chart and line chart. However This Candlestick pattern is also important and give good signal.

http://freeebook0.blogspot.com

4 Re: Chart Pattern - Three Black Crows on Tue Dec 06, 2016 4:53 pm

jehovah

avatar
Equity Analytic
Equity Analytic
thanks....

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum