Is a Three Black Crows candle bullish or bearish?

It is a bearish continuation pattern made of 3 candles, and it confirms itself. Its reference success rate is 65%. You can see it on live daily candles for any symbol in the members' technical terminal.

Bearish signal ▼ · 20 pattern

Three Black Crows

Three Black Crows (Three Black Crows): three consecutive bearish candles with large, similar-sized bodies. Each opens inside the previous body and closes lower, with slight lower shadows. It is the bearish counterpart of Three White Soldiers.

PATTERN ID

Signal Bearish ▼

Reliability ★★★★☆

Win Rate 65%

Expected move -5–10%

Timeframe Daily

Confirmation Self-confirming

The short answer

What is a Three Black Crows candle?: Three Black Crows (Three Black Crows): three consecutive bearish candles with large, similar-sized bodies. Each opens inside the previous body and closes lower, with slight lower shadows.
How do you spot a Three Black Crows candle?: Three consecutive bearish candles with large bodies. Each opens inside the previous body and closes at or near the session low (slight lower shadows).
Is a Three Black Crows candle bullish or bearish?: It is a bearish continuation pattern made of 3 candles, and it confirms itself. Its reference success rate is 65%. You can see it on live daily candles for any symbol in the members' technical terminal. Open the technical terminal →

Pattern illustration

Each crow opens inside the previous body and closes near the low of the session

How to identify the pattern

Step-by-step checks

Three consecutive bearish candles with large bodies
Each candle opens inside the previous body
Each candle closes at or near the session low (slight lower shadows)
Above-average volume, ideally rising across the three days

Trading psychology

The power struggle between buyers and sellers

Three days of orderly selling pressure. The bulls cannot manage any meaningful recovery, and every bounce attempt fails. It points to entrenched bearish control, not a temporary pullback.

Outlook and confirmation

Entry conditions and expected price move

Self-confirming, no extra candle needed

Strong bearish momentum for 10-14 days. Watch for oversold bounces: if RSI falls below 25, reduce short exposure. Expect -5-10% continuation.

Ideal setting for the pattern

After a failed breakout

Recommended timeframe: daily

Where to find it on the platform

Technical terminal for members
Shows the daily-timeframe candles for any symbol on the platform's list. You identify the pattern by eye: the terminal does not name it.

How it is traded in practice

Three consecutive red candles, each opening inside the previous body and closing near its low: systematic, disciplined distribution that announces the regime has turned bearish. It is like Three White Soldiers in reverse. The pattern completes after a third of the drop is already done, so the wiser approach is to sell light bounces after it rather than chase the third candle, with the stop above the high of the second. Its most valuable message is a change in behavior: after it, rallies get sold and dips do not get bought.

Common mistake

Shorting right as the third candle completes: a sharp downward extension is often followed by a technical bounce that hits the early seller's stop, and then the decline resumes without them. The other mistake is confusing it with three red candles with growing long lower shadows. Those show rising defense by buyers and may precede a bottom, not a top.