#Guide 🕯• Candlestick Patterns
"The Three White Soldiers" – a continuation pattern of an uptrend...
This candlestick pattern consists of three consecutive, bullish candles 📈 and indicates a strengthening market in the bull direction. This pattern is especially relevant in low price areas or after a price correction.
🔜 The mandatory condition for the formation of the "Three White Soldiers" is that each of the three candles must close above the closing price of the previous one.
📌 Additional conditions to increase the reliability of the "Three White Soldiers":
1) There is an uptrend in the market;
2) The "White Soldiers" candles have large bodies;
3) The candle wicks are small or absent altogether (Doji and Hammer candles aren’t allowed)
4) Growing volume📊
In summary:
👉🏻 "Three White Soldiers" confirm the emergence of a bullish trend — if they appear immediately after a price reversal; Indicate the continuation of the trend — if they appear after a correction or sideways movement in an uptrend.
