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{"id":1901,"date":"2019-11-13T07:01:30","date_gmt":"2019-11-13T07:01:30","guid":{"rendered":"https:\/\/iqtradingpro.com\/?p=1901"},"modified":"2019-11-13T07:01:30","modified_gmt":"2019-11-13T07:01:30","slug":"how-to-trade-three-black-crows-candlestick-pattern-in-iq-option","status":"publish","type":"post","link":"https:\/\/iqtradingpro.com\/how-to-trade-three-black-crows-candlestick-pattern-in-iq-option\/","title":{"rendered":"Three Black Crows candlestick pattern – How to identify and trade it in IQ Option"},"content":{"rendered":"
Three Black Crows candlestick pattern is one of the most reliable reversal signals for LOWER options. It shows extremely safe entry points when trading in IQ Option.<\/p>\n
Three Black Crows candlestick pattern appears rarely. But its winning rate is almost 100%. Through this article, we will guide you on how to identify and trade with Three Black Crows reversal candlestick pattern.<\/p>\n
What is Three Black Crows candlestick pattern?<\/h2>\n
Three Black Crows is a candlestick pattern that signals an upcoming price downtrend. It usually shows up after an uptrend. You can recognize this pattern easily thanks to three consecutive red candlesticks in a row.<\/p>\nWhat is Three Black Crows candlestick pattern?<\/figcaption><\/figure>\n
Three Black Crows are made of 3 candlesticks.<\/strong><\/p>\n
First candlestick<\/strong> is a bearish red candlestick.<\/p>\n
Second candlestick<\/strong> is also a red one. However, its opening price is inside the first candlestick. The closing price is almost equal to the lowest price of the candlestick. It means there is no candlestick shadow or just a short shadow).<\/p>\n
Third candlestick<\/strong> is another red candle. It has the same features as the second candlestick.<\/p>\n
In IQ Option, Three Black Crows candlestick pattern is a signal for you to buy LOWER options safely and effectively.<\/p>\nThree black crows candlestick pattern<\/figcaption><\/figure>\n
How to trade with Three Black Crows candlestick pattern in IQ Option<\/h2>\n
As mentioned above, Three Black Crows has a high probability of reversing from uptrend to downtrend. Indicators that identify the reversal point such as SMA, RSI, Bollinger Bands are all good when combining with 3 black crows to increase safety when trading.<\/p>\n