Three Black Crows
Three consecutive falling candles, each opening within the previous body and closing near its own low.
The mirror of three white soldiers, and subject to the same objection in reverse.
What a three black crows has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 10,657 | 28.1% | 24.0% | +4.1pp |
| 1D · crypto | 4,994 | 52.5% | 53.6% | -1.1pp |
| 4H · crypto | 1,071 | 37.4% | 37.5% | -0.1pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.