Three Black Crows is a bearish reversal pattern consisting of three consecutive long bearish (red) candles, where each candle opens within the previous candle's real body and closes progressively lower, with little or no lower wicks. The pattern signals a decisive shift in momentum from bullish to bearish—buyers had three full sessions to reassert themselves and failed each time. Three Black Crows is most significant after a sustained uptrend or at a major resistance level, and is considered one of the stronger multi-candle bearish signals in candlestick analysis. It is the bearish equivalent of Three White Soldiers. Traders typically use it as a signal to reduce long exposure or initiate short positions, with risk managed above the pattern's high.