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Identical Three Crows

by admin April 5, 2019 1 min read 0 comments

Key Takeaways

  • Market conditions and their impact on trading decisions
  • Key levels and price action analysis
  • Risk management strategies for this setup

– Normally it should be a signal of reversal of the current Trend.

– It occurs during an Uptrend; confirmation is required by the candles that follow the Pattern.

– The First Candle is long and black.

– The Second Candle is long and black; it has the Open near or at the same level of the Close of the First Candle.

– The Third Candle is long and black; it has the Open near or at the same level of the Close of the Second Candle.

– The Real Bodies of the Three Candles, should have the same size (For a further confirmation of the Pattern, although it is not necessary).

Trading Data Snapshot

Always verify current market conditions before executing any trade. Past performance does not guarantee future results.

A
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Trading analyst and market commentator with expertise in technical analysis, price action, and risk management. Dedicated to helping traders make informed decisions.

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