Description
Upside Gap Two Crows is a bearish trend reversal candlestick pattern consisting of three candles.
The Upside Gap Two Crows candlestick pattern is recognized if:
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The first candle is long and bullish and continues the uptrend;
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The second candle is bearish and gaps up from the first candle;
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The third candle is bearish and its Open price is higher than that of the second candle;
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The third candle closes between the bodies of the first two candles.
Input Parameters
Parameter | Description |
---|---|
length
|
The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long. |
trend setup
|
The number of preceding candles to check if the trend exists. |
Plots
Plot | Description |
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Bearish
|
The Upside Gap Two Crows candlestick pattern. |
For educational purposes only. Not a recommendation of a specific security or investment strategy.
Technical analysis is not recommended as a sole means of investment research.
Past performance of a security or strategy does not guarantee future results or success.