Indicators and patterns
2/3/2025
Indicators and patterns
The Identical Three Crows pattern is a bearish reversal pattern that consists of three consecutive long bearish (black or red) candlesticks with small or non-existent shadows. Each candlestick opens at or near the previous close and closes near the low of the candle. This pattern suggests a strong shift in momentum from bullish to bearish.In this case, the Identical Three Crows pattern has been identified on the USD/JPY 30-minute chart. The signal generated is bearish, indicating a potential trend reversal to the downside. The recommendation based on this pattern is to sell the USD/JPY pair.
The pattern was identified at a price of 154.48 on February 3, 2025, at 12:00 GMT. Traders and investors may interpret this pattern as a sign to consider shorting the USD/JPY pair or taking other bearish positions, depending on their trading strategy and risk tolerance.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
