3 White Soldiers Candlestick Pattern
The 3 White Soldiers candlestick pattern can appear anywhere in an uptrend, but there are 3 locations within an uptrend where the pattern develops most commonly.
- When the 3 White Soldiers candlestick pattern develops at the beginning of an uptrend, it helps to establish the uptrend's footing
- When the pattern develops in the middle of an uptrend, it usually signals that the uptrend is approximately half-way over
- When the pattern develops at the end of an uptrend, it usually signals a climax top
The first "Soldier" in a 3 White Soldiers Candlestick Pattern could also be a bullish reversal candlestick pattern, such as a Piercing candlestick pattern or a Bullish Engulfing candlestick pattern.
Listed below are the requirements for a 3 White Soldiers candlestick pattern......
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