Upside Gap Two Crows

The Upside Gap Two Crows candlestick formation is a three day bearish reversal pattern that happens at the end of an uptrend. The first day of the Upside Gap Two Crows candlestick formation extends the uptrend with a long bullish body. 

Upside Gap Two Crows

The Upside Gap Two Crows candlestick formation is a three day bearish reversal pattern that happens at the end of an uptrend.

 


Upside Gap Two Crows Identification

The first day of the Upside Gap Two Crows candlestick formation extends the uptrend with a long bullish body.  The second day gaps up at the open and finishes with a small bearish body, but still with a gap above the first day. The third day is also a bearish day with a candlestick body larger than the second day and engulfs it. The close of the last day is still above the first long day. 

Upside Gap Two Crows candlestick pattern


Interpretation of Upside Gap Two Crows

The Upside Gap Two Crows candlestick formation is a bearish signal.  The two consecutive lower closes places a damper on the recent bullishness.  The gap created on the second day is being tested and the chartist should  look for lower prices and the gap to be filled soon.

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