How To Trade The Black Crows Pattern

Criteria

• Market in uptrend
• Three long black candles (or red)
• Open of last two within, or below, prior black real bodies
• Each candle closes at, or near, its low

Market Implication
Top reversal

Support or Resistance
Not used as resistance

How To Trade:

1) Right after completion of 3rd red/black candle place a sell order with stop loss and target.

Noted chart example would have taken 4-5 hrs to hit target, with an almost 1:3 risk and reward setup.