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Bearish Two Crows

Daily Charts:   20 found in last 10 days.   Updated Fri May 16 18:16:28 2008 CST . Click here to see them.

Weekly Charts:   3 found in last 10 weeks. Click here to see them.

Bearish Two Crows

This pattern signals a trend...
How to identify...
Similar pattern(s)...
Reversal
  1. 1st day is a long white day.
  2. 2nd day gaps up and is black.
  3. 3rd day is black and opens inside the body of the 2nd day, then closes inside the body of the 1st day.

Psychology...

The gap created on the 2nd day gets filled by the 3rd day. This quick pull back does not bode well for the bulls. This price action indicates a short term top.





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