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Nikita (SEBI RA)

28th Aug · SEBI-Registered Analyst

Three White Soldiers – Strong Bullish Continuation

📊 The Three White Soldiers is a bullish continuation/reversal pattern. ✅ Formation: 3 consecutive long green candles. Each opens within/near previous body. Each closes higher than the last. ✅ Meaning: Sustained buying strength → trend continuation. 📌 Example: Stock consolidates at ₹250, then 3 strong bullish candles close at ₹270 → indicates new uptrend phase. 🧠 Rule: Best when supported by increasing volume. Avoid when overextended (already sharp rally).

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