Candlestick Stock Charts - Why an Upside Gap Two Crows Can Spell Disaster For Bulls Unaware

In this article we will examine the relationshipAlthough the session closed lower than the opening,
between the always at odds bull and bear and whatbulls find comfort in the fact that the session did not
the appearance of the ominous upside gap twoclose below the previous days candle. On the third
crows means to each. When the upside gap twoday the bulls try to regain control and even push this
crows candlestick pattern appears on the chart ofcandle to new highs but are unable to maintain buying
traders, bulls should consider this as an omen thatpressure and once again the bears push the
change is possibly on the horizon and complacencycandlestick lower, closing below the previous days
could be disastrous. Bears will often begin to sharpenclosing mark.
their claws in preparation of a what could likely be aBearish sentiment has overtaken the former uptrend
newly discovered hunting ground.and the previously complacent bulls are now realizing
The upside gap two crows pattern is a highly reliablethat the market was not quite as strong as once
indictor that a top has been reached after an uptrendthought. The upside gap two crows candlestick
and the possibility of a reversal may be in the cards.pattern is considered a reversal pattern often
In order for the upside gap two crows to form,appearing at market tops as an uptrend reaches a
three candlesticks are required to complete thepoint of exhaustion. Japanese candlestick charts are
pattern. The first of which is a long white candle thatwidely used in all of the financial markets including
is characteristic of a current uptrend. The secondstocks, options, futures and forex with great
candle gaps up at the opening of the trading sessionsuccess. Combined with other indicators and
although by the close, bulls are unable to maintainoscillators, candlestick charts form the bedrock of
momentum and the candlestick is pushed downmany types of trading systems.
below where it opened.