Three White SoldiersThe three white soldiers candlestick pattern is a bullish continuation pattern. The pattern consists of three different days and indicates that an uptrend is likely to continue into the future. The first day is a large up day. During this day the stock moves up unchallenged and shows that the buyers in the market still have control and are pushing prices higher. The next two days are exactly the same. The stock opens and continues to go up higher, each day closing higher than the last. Why is the three white soldiers a bullish pattern? The fact that a day moves up unchallenged is already a bullish signal because it shows how strong the uptrend is. If the stock continues up for three days in a row that signals that there is a lot of bullish pressure in the stock. That bullish pressure is likely going to continue onto the next few days. 
Tip If the three white candles open up lower and fail to pass the last candlesticks this may not be a bullish pattern and the stock may actually be turning around and pulling back or even reversing its trend.A professional trader will use this candlestick pattern along with other indicators to tell if a stock is likely to continue going up or not. Similar Patterns Here are some similar candlestick patterns that you can use when determining if a trend will continue or not. Bullish Separating Lines - A 2 Day Trend Continuation signal. Bullish Rising 3 Method – A continuation Pattern Three Black Crows - A Bearish Indicator Consisting of 3 Days |
