Three White Soldiers

外汇网2021-06-19 13:59:37 46

A bullish candlestick pattern that is used to pdict the reversal of the current downtrend. This pattern consists of three consecutive long-bodied candlesticks that have closed higher than the pvious day, with each session's open occurring within the body of the pvious candle.

These long-bodied candlesticks are a sign of the change in investor sentiment and are used by traders to confirm a shift in momentum. This pattern may form after a period of consolidation, which is still a valid sign of a move higher, but it is not as desirable as it would be if it were found at the end of a prolonged downtrend.

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