Upside Gap Two Crows Candlestick Formation

Upside Gap Two Crows Candlestick Example

Description

The Upside Gap Two Crows candlestick formation is composed of 3 candlesticks. The first candlestick is a green candlestick in an upward trend. The second candlestick is a red candlestick whose body (open and close) is above the close of the first candlestick. The third candle is a red candle whose body engulfs the body of the second body. That is, the open is higher than the previous open and the close is lower than the previous close. This is a bearish candlestick which indicates a reversal of a bullish trend.