FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» We’re seeing a shift toward international and value stocks, says Schwab’s Kleintop
by target1 Today at 2:40 am

» Wall Street stumbles as consumer pessimism stokes growth fears
by target1 Today at 2:34 am

» Free Market Capitalism vs. Crony Capitalism
by target1 Today at 2:30 am

» POSITIVES & TARGETS BY IMTIAZ BUHARDEEN
by ChooBoy Yesterday at 9:30 pm

» Sri Lankan corporations reap large profits as workers and rural toilers face poverty and starvation
by CHRONICLE™ Yesterday at 6:37 pm

» අද රාත්‍රියෙන් පසු, යක්ෂයාගේ හෝරාව ඇරඹේ!
by God Father Yesterday at 6:13 pm

» Derana 360 with Minister Dhammika Perera
by samaritan Yesterday at 1:07 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Yesterday at 9:24 am

» Breaking News- Kanchana to go to Qatar ; 2 more ministers off to Russia
by Beyondsenses Yesterday at 8:13 am

» PM thanks President Biden for assuring US support to Sri Lanka
by Beyondsenses Yesterday at 8:07 am

» Sri Lanka Stock Market heading toward ASPI 4500
by God Father Mon Jun 27, 2022 9:14 pm

» Why no power cuts in certain areas of Colombo?
by God Father Mon Jun 27, 2022 8:03 pm

» Expolanka to continue its winning streak
by samaritan Mon Jun 27, 2022 9:49 am

» කොළඹ රාජකීය ගොල්ෆ් සමාජය විසින් රජයේ දේපළ අවභාවිත කිරීම
by ddindika Mon Jun 27, 2022 9:33 am

» LOLC to enter the giant Indian Market
by samaritan Mon Jun 27, 2022 9:17 am

» LOLC HOLDINGS PLC (LOLC.N0000)
by CHRONICLE™ Mon Jun 27, 2022 6:46 am

» SOEs within Minimum Programme for Economic Recovery
by CHRONICLE™ Mon Jun 27, 2022 6:44 am

» COVID WAVES: Can there be another Covid-19 wave in Sri Lanka?
by CHRONICLE™ Mon Jun 27, 2022 6:36 am

» Luminex Limited lists on the Diri Savi Board after a capital raise of Rs. 250 Million
by CHRONICLE™ Mon Jun 27, 2022 6:34 am

» Importance of Agroforestry for Sri Lanka
by CHRONICLE™ Mon Jun 27, 2022 6:31 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CHRONICLE™ ANALYTICS » Chart Pattern - Three Black Crows

Chart Pattern - Three Black Crows

4 posters

Go down  Message [Page 1 of 1]

1Chart Pattern - Three Black Crows Empty Chart Pattern - Three Black Crows Sun Apr 24, 2011 7:37 pm

Quibit


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

[You must be registered and logged in to see this image.]

Today let's learn about another important chart pattern called the Three Black Crows. This is a bearish candlestick pattern that is used to signal a reversal in the current uptrend. The pattern consists of three long black candlesticks falling one after the other with each candle's open occurring within the body of the previous candle.

[You must be registered and logged in to see this image.]

To recap an earlier discussion of ours a black or a colored candlestick would mean that the closing is lower than the opening. Therefore, the opening price of the candlesticks in question is at the top of it and you can see that the opening of the 2nd candlestick is falling within the body of the 1st candlestick and the opening of the 3rd candlestick falling within the body of the 2nd candlestick.

BUY/SELL Signals

So if you spot Three Black Crows near the top of an uptrend stock chart the good times are about to change. But forewarned is forearmed! In other words this is a SELL signal. But as we always remind you, chart signals should not be used in isolation.

Sri Lanka Equity Analytics
www.srilankaequity.com

2Chart Pattern - Three Black Crows Empty Re: Chart Pattern - Three Black Crows Tue Sep 27, 2011 7:41 pm

rmark

rmark
Manager - Equity Analytics
Manager - Equity Analytics

Thank you for sharing these valuable articles

3Chart Pattern - Three Black Crows Empty Re: Chart Pattern - Three Black Crows Wed May 16, 2012 3:43 pm

peoplestar


Stock Trader

Candlestick patterns are more useful than other chart like bar chart and line chart. However This Candlestick pattern is also important and give good signal.

http://freeebook0.blogspot.com

4Chart Pattern - Three Black Crows Empty Re: Chart Pattern - Three Black Crows Tue Dec 06, 2016 10:23 pm

jehovah

jehovah
Equity Analytic
Equity Analytic

thanks....

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum