Three Black Crows Threats On The Markets

 

Alert News For DJIA Market

 

Tokan Corner has notified  Three Black Crows Candlestick Will Be Born On DJIA Daily Chart Next  Monday. Ok lets check out what are the heck im saying rite :)

 

Be Alert Buyer !!!!

Caveat Emptor !!!

What Does Three Black Crows Mean?

A bearish candlestick pattern that is used to predict the reversal of the current uptrend. This pattern consists of three consecutive long-bodied candlesticks that have closed lower than the previous day with each session's open occurring within the body of the previous candle.

Investopedia explains Three Black Crows

As you can see from the chart above, the three black crows pattern is a sign of the bulls' lack of conviction in the current uptrend. This pattern is used to predict the top of an uptrend, but traders will want to confirm this signal with other technical indicators to confirm that the momentum is actually changing.

 

Ok lets see DJIA Chart and study it wisely ok guys :)

 

 

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