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Nikita (SEBI RA)

24th Sep · SEBI-Registered Analyst

Identical Three Crows – Bearish Strength

📊 The Identical Three Crows is a strong bearish reversal signal. ✅ Formation: 3 consecutive long red candles. All open near the prior candle’s close, showing persistent selling. ✅ Meaning: Continuous pressure by bears, strong downtrend likely. 📌 Example: Market peaks at ₹1,050, then Identical Three Crows appear with closes at ₹1,030 → ₹1,010 → ₹990 → clear trend reversal.

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🧠 Rule: Extremely bearish when supported by volume rise.

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