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Here's why Three Black Crows are an ominous sign for the stock market

This pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.

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Three Black Crows consists of three continuous red candles with each having a close lower than the previous candle.

Avdhut Bagkar Mumbai
The 'Three Black Crows' is a candlestick pattern which, when it occurs at the top of any trend, suggests a negative reversal and possible profit-booking in a particular stock or the market in the subsequent sessions. Such a scenario depicts a change in trend, provided higher levels are not conquered in due process. Simply put, this pattern signals a bearish sentiment and one should be cautious once this pattern is visible on the charts.

Three Black Crows consists of three continuous red candles with each having a close lower than the previous candle. In the best scenario, the second and