| Three White Soldiers |
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Pattern: reversal
Reliability: high
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Identification
Three long white days occur with each successive open being within the body
of the previous day and each successive close being higher than the previous
day and near the day’s high. The Psychology
In a downtrend or during a pullback within an uptrend, the three long
white candles speak for themselves. If volume accompanies the move, the
reliability of the pattern increases significantly.
The bullish Three White Soldiers is similar to the bearish Advance Block and bearish Deliberation and could be the beginning of the bullish Three Line
Strike.
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