1. Three long candles resemble descending stairs.
2. The opening price of each candle can be equaled to the closing price of the previous session.
The model points to panic sell-offs in the market. The price suffers extra downside pressure. The closing price of each day makes the opening price for the next day. The Identical Three Crows pattern is a sign of weakening purchasing power.
This model is not flexible as it is a particular case of the Three Black Crows.
The Identical Three Crows is a type of the Three Black Crows pattern.