Here is an example of strategy when you see the presence of Three Black Crows filtered by CCI at the overbought area, at the top of an uptrend.

Consider selling when the next candle falls below the low of the pattern.

Consider placing a protective stop loss at the top of the last black candle.

Take-Profit strategy is heavily dependent on the trading profile of each individual:

  1. Close 50% of the position when price travels 100% the length of the last Long Black Candle.
    • Close the remaining 25% when price reaches the 200% of the length of the last Long Black Candle.
    • Move the protective stop-loss at the bottom of the pattern.
    • Close the remaining 25% of the position at the presence of a reversal candlestick or when price travels 300% of the length of the last Long Black Candle, whichever happens first.
  2. Other combinations may be applied
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