Forex glossary
Three White Soldiers
Three White Soldiers consists of three bullish candles with substantial bodies, successively higher closes near their highs and opens within the previous body. It is considered after a decline or structural change. It describes an advancing sequence without identifying who controls the market or guaranteeing continuation.
Illustrative example
How does it work in practice?
Assume bodies from 100 to 104, 102 to 107 and 105 to 110, closing near their highs. Each later open lies within the previous body, matching hypothetical Three White Soldiers geometry.
A case to work through
Bullish bodies with long shadows
A hypothetical third candle has O=105, C=110, H=118 and L=104.8 after two bullish candles.
- Its upper shadow of 8 exceeds its body of 5; the close is far from the high.
- Bullish direction alone does not confirm a short-upper-shadow condition.
What follows? Assess that feature under the selected definition's tolerance.
Example boundary: Full classification needs the other candles and context; it does not guarantee continuation.
A useful distinction
Three White Soldiers / Three Black Crows
Three White Soldiers has rising closes near highs; Three Black Crows has falling closes near lows.
Check your understanding
Recognize poor conformity when a close is far from its high.
Show the answer and explanation
6
The upper shadow starts above the higher of open and close. With C=24 > O=20, its length is 30 − 24 = 6.
Geometry and pattern completion
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Read the fuller explanation
Related terms
Sources and documentation
- TA-Lib – ta_CDL3WHITESOLDIERS
Original OHLC body/shadow detection code and configurable candle thresholds; implementation is not effectiveness evidence.
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