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Sanpei candlestick also known as three crows candlestick pattern. It consists of three black candlesticks of similar increments and size. This pattern is intended to signal either a trend reversal or the trend continuation.

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A reversal candlestick combination. It refers to the similarity in direction and velocity of three consecutive bars, as otherwise all the entries are parallel. They generate a reversal formation after an extended rally. When bullish, the formation is known as the three soldiers. When bearish, the name is the three crows.

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This pattern is intented to singal either a trend reversal or the trend continuation. It consists of three white candlesticks of similar increments and size. It signifies a continuation of the trend. Bearish Sanpei (three crows) (see complex candlestick patterns) This pattern is intented to singal either a trend reversal or the trend continuation. It consists of three black candlesticks of similar increments and size. It signifies a continuation of the trend.

Source(s):

btflive.net

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Sanpei is also known as three crows candlestick pattern. It is a bearish candlestick pattern which consists of three consecutive black candlesticks.

It is a considered to be a complete pattern in and of itself, however traders should always be alert to what happens after the pattern is formed. Since there has been heavy selling throughout the formation, the prices may then be overextended to the downside. However, if the price continues its down move on the fourth bar or candlestick, then it is likely to go down further, and therefore a continuation of the bearish trend.

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. It consists of three black candlesticks of similar increments and size. ... Bearish Sanpei (three crows).

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. It consists of three black candlesticks of similar increments and size. ... Bearish Sanpei (three crows).

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A reversal candlestick combination. It refers to the similarity in direction and velocity of three consecutive bars, as otherwise all the entries are parallel. They generate a reversal formation after an extended rally. When bullish, the formation is known as the three soldiers. When bearish, the name is the three crows