Three White Soldiers
Quick Definition
A bullish reversal candlestick pattern consisting of three consecutive long-bodied bullish candles that close progressively higher.
Key Takeaways
- Three consecutive long-bodied bullish candles, each closing progressively higher
- Each candle opens within the previous candle's body and closes near its high
- Most reliable at the bottom of downtrends or at key support levels
- If bodies progressively shrink, the pattern weakens (called an "advance block")
What Is Three White Soldiers?
Three White Soldiers is a bullish reversal candlestick pattern featuring three consecutive long-bodied green (or white) candles, each opening within the body of the previous candle and closing at or near its high. This pattern typically appears at the bottom of a downtrend and signals a decisive shift from selling pressure to buying pressure. Each candle should have a substantial body with short or no upper shadows, showing that buyers maintained control from open to close with minimal profit-taking. The pattern represents three sessions of sustained buying, with each session building on the previous day's momentum. It is most reliable when: it appears after a significant decline, the three candles break above a key moving average or resistance level, volume increases progressively, and the candle bodies are of similar size (not progressively smaller, which would indicate "advance block" weakening). Three White Soldiers is the bullish counterpart of Three Black Crows and is considered one of the strongest multi-candle reversal patterns in candlestick analysis.
Three White Soldiers Example
- 1After a market sell-off drops a stock to $40, three consecutive strong green candles push price from $40 to $43 to $46 to $49, signaling a powerful reversal.
- 2Three White Soldiers breaking above the 50-day moving average with increasing volume provides a high-conviction long entry signal.
Related Terms
Three Black Crows
A bearish reversal candlestick pattern consisting of three consecutive long-bodied bearish candles that close progressively lower.
Morning Star
A bullish three-candlestick reversal pattern featuring a large bearish candle, a small-bodied middle candle (the "star"), and a large bullish candle, signaling a bottom.
Bullish Divergence
A technical signal where price makes a lower low while an indicator (such as RSI or MACD) makes a higher low, suggesting weakening downward momentum and a potential upward reversal.
Candlestick Chart
A chart type showing open, high, low, and close prices for each period, with color-coded bodies indicating direction.
Moving Average
A calculation that averages a security's price over a specific number of periods, smoothing price data to identify trends.
Relative Strength Index (RSI)
A momentum indicator measuring the speed and magnitude of price changes on a 0-100 scale, used to identify overbought or oversold conditions.
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