UpsideGapTwoCrows

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:

  • The first candle is long and bullish and continues the uptrend;

  • The second candle is bearish and gaps up from the first candle;

  • The third candle is bearish and its Open price is higher than that of the second candle;

  • 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
Bearish The Upside Gap Two Crows candlestick pattern.