Forex glossary
Three White Soldiers
Three White Soldiers is a candlestick pattern of three consecutive long bullish candles, each opening within the prior candle's body and closing progressively higher, near its high. Appearing after a downtrend or consolidation, it signals that buyers have taken control and a bullish reversal may be underway. It is most reliable when the candles have small upper shadows and the pattern does not follow an already overextended move.