Three black crows

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title: "Three black crows" type: doc version: 1 created: 2026-02-28 author: "Wikipedia contributors" status: active scope: public tags: ["candlestick-patterns"] description: "Stock market term" topic_path: "general/candlestick-patterns" source: "https://en.wikipedia.org/wiki/Three_black_crows" license: "CC BY-SA 4.0" wikipedia_page_id: 0 wikipedia_revision_id: 0

::summary Stock market term ::

250px|thumb|right|Three crows is a term used by stock market analysts to describe a market downturn. It appears on a candlestick chart in the financial markets. It unfolds across three trading sessions, and consists of three long candlesticks that trend downward like a staircase. Each candle should open below the previous day's open, ideally in the middle price range of that previous day. Each candlestick should also close progressively downward to establish a new near-term low. The pattern indicates a strong price reversal from a bull market to a bear market.

The three crows help to confirm that a bull market has ended and market sentiment has turned negative. In Japanese Candlestick Charting Techniques, technical analyst Steve Nison says "The three crows would likely be useful for longer-term traders."

This candlestick pattern has a counterpart known as the Three white soldiers, whose attributes help identify a bullish reversal or market upswing.

References

References

1. "Stock market investing 101 - Simplified utilizing candlestick signals".
2. Nison, Steve. (2001). "Candlestick Charting Explained". New York Institute of Finance.

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