An upward two-crow gap is a three-candle pattern that signals slowing momentum in an uptrend, which may herald a downward reversal.
The pattern occurs in an uptrend, starting with a large up candle, gapping above the down candle, and then a larger down candle that engulfs the previous one.
Reversal below is not provided. The price may move sideways or rise following the pattern.
Some traders wait for “confirmation” before acting. This means waiting for the price to fall below the low of the third candle before selling or going short.