Negative Double Top Strategy + Three Black Crows 🐦⬛📉
A reversal strategy that combines a price pattern model with candle confirmation.
The Idea:
Price rises → forms a first peak → comes back and retests the same area → fails to break through and forms a double top.
Then the Three Black Crows appear to confirm an increase in selling pressure.
How to Work 🎯
1️⃣ Identify a clear Double Top at resistance.
2️⃣ Wait for Three Black Crows to appear after the second peak.
3️⃣ Wait for the neck line to be broken with a bearish close.
4️⃣ Enter a sell after the break or a retest of the neck line.
🛑 Stop: Above the second peak.
🎯 Target: The double top pattern’s projected move, dropping from the break point.
Summary:
The double top gives you the pattern, the three crows give you confirmation, and the neck line break gives you the entry.
Don’t enter just because the two peaks formed… wait for the market’s confirmation.
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