Key Takeaways
Three White Soldiers
Three consecutive long bullish candles, each opening within the previous body and closing progressively higher. Strong reversal signal.
Market Psychology
Persistent buying pressure over three sessions indicates strong bullish conviction and likely trend reversal.
Candle Structure
Trading Setup Example
Entry, stop loss, and take profit levels.
Always wait for pattern confirmation before entering a trade.
Where This Pattern Appears
Trend context and market position.
Appears at the bottom of a downtrend, signals bullish reversal.
How to Identify
Three consecutive bullish candles with long bodies
Each candle opens within the previous candle body
Each candle closes higher than the previous
Little or no upper shadows (shows strength)
Confirmation Signals
Trading Strategy
š„ Entry
Enter long after third candle closes, or on a pullback
š Stop Loss
Place stop below the first candle of the pattern
šÆ Take Profit
Trail stops or target major resistance levels
āļø Risk/Reward
1:3
Common Mistakes to Avoid
Pro Tips
Best Timeframes
Pattern Variations
Educational Disclaimer
This content is for educational purposes only and does not constitute financial or investment advice. Trading involves significant risk and you may lose your capital. Always consult a licensed financial advisor before making investment decisions.
Frequently Asked Questions
Related Learning Resources
Related Patterns
Hammer
A single candlestick pattern with a small body at the top and a long lower shadow (at least 2x the body). Appears at the bottom of a downtrend.
Inverted Hammer
A single candlestick with a small body at the bottom and a long upper shadow. Appears at the bottom of a downtrend, signaling potential reversal.
Bullish Engulfing
A two-candle reversal pattern where a large bullish candle completely engulfs the previous bearish candle. One of the most reliable reversal patterns.