Three White Soldiers

Three White Soldiers

Three White Soldiers is a three candle bullish reversal formation. This pattern occurs in a downtrend where three bullish candles occur in succession, each candle has a higher close and each candle opens within the previous candle's body.


Following a downtrend, three long blue days with consecutively higher closes act as a strong indicator, certainly the very definition of an uptrend, and almost assuring bullish moves to come.

The patterns stresses caution for those looking to short a particular currency pair.

Candlestick traders will watch for more bullish or ranging markets in the future, but if the candles are too overextended analysts will worry that the market may now be overbought and pause accordingly.

AKA: Before multicolour monitors, many charting packages used white candles to designate uptrend candle bodies, hence the name Three White Soldiers.