Upside Gap Two Crows is a bearish reversal pattern made up of three bars.

How to Identify:

The 1st bar is long and bullish and continues the uptrend;

The 2nd bar is bearish and gaps up from the 1st bar;

The 3rd bar is bearish and its Open price is higher than that of the 2nd bar;

The 3rd bar closes between bodies of the 1st two bars.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.

Under certain circumstances, a Bearish pattern can also perform as a Bullish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Upside Gap Two Crows Pattern data mining result (2014 Daily, Failed bearish reversal)

• Upside Gap Two Crows Pattern data mining result (2014 Daily, bearish reversal)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).