What is the three black crows pattern?
The three black crows is a bearish candlestick pattern. Three long red candles in a row, each opening inside the last body and closing near its low.
How does the three black crows form?
Three long red bars in a row, each opening inside the previous body and closing near its own low.
How do you confirm a three black crows?
Look for small lower shadows. Bars that close on their lows say selling was continuous, not panicked and bought back.
When does the three black crows fail?
Three decisive down bars often arrive at the end of a decline, where the selling is capitulation and the bounce comes next.
No chart pattern works every time. The examples on this page were chosen because they show the pattern clearly, and in real markets patterns fail often.
Practice on real charts
3 real examples of the three black crows, cut off where the pattern completed. Make your call, then see what happened.
The shaded area is a three black crows. Where did price go next?