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Three White Soldiers

Bearish Abandoned Baby | Bearish Engulfing | Bearish Kicking | Bullish Abandoned Baby | Bullish Engulfing | Bullish Kicking | Dark Cloud Cover | Evening Doji Star | Evening Star | Falling Three Methods | Identical Three Crows | Morning Doji Star | Morning Star | Rising Three Methods | Three Black Crows | Three Inside Down | Three Inside Up | Three Outside Down | Three Outside Up | Three White Soldiers |

 
candle
Pattern: reversal
Reliability: high
 

Identification

Three long white days occur with each successive open being within the body of the previous day and each successive close being higher than the previous day and near the day’s high.

Psychology

In a downtrend or during a pullback within an uptrend, the three long white candles speak for themselves. If volume accompanies the move, the reliability of the pattern increases significantly. The bullish Three White Soldiers is similar to the bearish Advance Block and bearish Deliberation and could be the beginning of the bullish Three Line Strike.