Candle patterns
Identical Three Crows
The Identical Three Crows is a bearish pattern represented by three candles.
During an uptrend, the three following candles start decreasing, being their opening price near the close of the prior candle and with similar sizes of the candle and body.
The three candles are very similar in size and head in the same direction, downwards. This pattern shows how, after an uptrend, the bulls react aggressively and push the price down.
Usually, this pattern leads to a bearish trend reversal. Therefore, if selected in your strategy, it will signal sells once it's spotted in a chart.
Abandoned Baby Bearish
The Abandoned Baby Bearish is a bearish reversal pattern represented by three candles.
The first candle has a long body and upward movement. The middle one is a Doji, followed by a candle with a long body and a downward movement.
As suggested by the first increasing candle, the price is in an upward trend. The next one is a Doji, commonly known for its indecision component, usually appears at the end of bearish and bullish trends and initiate a new trend. Finally, with the last decreasing candle, the bears take over and kick off the trend reversal.
Normally, this pattern leads to a downward trend reversal. Therefore, if selected in your strategy, it will be interpreted as a bearish sign and generate a sell signal.