Three white soldiers
bullish · candle pattern
Three white soldiers are three consecutive long bullish candles, each opening within the prior body and closing near its high. The pattern signals strong buying pressure and frequently marks the end of a downtrend or consolidation.
Formation rules
- Three consecutive bullish candles
- Each opens within the prior real body
- Each closes near its high
- Forms at the bottom of a downtrend or consolidation
How to trade it
Buy on third-candle close, stop below the first candle's low.
Common pitfalls
- Beware overextension — entering after the third candle can leave you buying near a swing high
Statistical context
Generally high reliability; Bulkowski reports the pattern as among the strongest bullish reversal signals.
Related patterns
Ask Drogo about this: