Three White Soldiers Candlestick Pattern – School
What is Three White Soldiers?
The Three White Soldiers comprises of three candlesticks and indicates a bullish reversal is taking place. These candlesticks have no shadows and are completely just true bodies.
- Three White Soldiers is a visual pattern consisting of three candlesticks
- Three White Soldiers is a bullish reversal pattern
- Each candlestick is slightly higher than the other
- The opposite pattern to a Three White Soldiers is The Three Black Crows
Pattern Explanation
The Three White Soldiers is a candlestick pattern that is formed with three candlesticks at the end of a downtrend. The first candlestick is just a true body and indicates the start of a bullish reversal. The second candlestick is also just a true body and opens within the body of the first candlestick. The pattern is also a true body and opens within the body of the second candlestick. Each candlestick is slightly higher than the other.
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