FC2Video

'''►► http://ForexAutopilotSystem.org - '''


Whilst the simplest candlestick patterns can be successfully recognized by virtually any trader regardless of experience, there are some more advanced patterns which require a bit more skill to successfully identify and often these patterns can lead to excellent profits when interpreted correctly. Often these patterns can contain three or more candlesticks and they must contain very specific characteristics in order to work correctly.

One advanced candlestick pattern for traders to use is the bearish three black crows pattern. This pattern only occurs during a strong upward trend but once it has been identified a trader can be fairly confident that a price reversal is imminent.

This particular pattern unsurprisingly consists of three candlesticks and the first of those must be present at the top of an uptrend. This first candlestick must have a long body and simultaneously display a lower closing price than opening price.

That candlestick is considered to ...