Three White Soldiers

The three white soldiers candlestick pattern is a bullish continuation pattern. The pattern consists of three different days.

The first day is a large upday. During this day the stock moves up unchallenged. The next two days are exactly the same. The stock opens and continues to go up higher, eatch day closing higher then the last.

Why is the three white soldiers a bullish pattern? The fact that a day moves up unchallenged is already a bullish signal. 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.