Description
Two Crows is a bearish trend reversal candlestick pattern consisting of three candles.
The Two Crows candlestick pattern is recognized if:
-
The first candle is long and bullish and continues the uptrend;
-
The second candle is bearish and gaps up from the first candle;
-
The third candle is bearish and has the Open price inside the second candle's body and the Close price inside the first candle's body.
Input Parameters
| Parameter | Description |
|---|---|
length
|
The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long. |
trend setup
|
The number of preceding candles to check if the trend exists. |
Plots
| Plot | Description |
|---|---|
Bearish
|
The Two Crows candlestick pattern. |
For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.