Three White Soldiers Candlestick Pattern -
Bullish Pattern
The Three White Soldiers candlestick pattern consists of three long
candles with long bodies after a downtrend which
indicates a long-term trend reversal.
For a pattern to be valid:
The body of the second candle must be longer than the body of the first candle and its close must be near
its high with little or no upper wick.
The body of the third candle must be the same size or larger
than the body of the second candle, and the close of the third candle must be at or near the high
price level with little or no wick.
Technical traders use the Three White Soldiers candlestick pattern as one of the clearest patterns that indicate the end of
bear markets.
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