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Nikita (SEBI RA)

1st Oct · SEBI-Registered Analyst

Three White Soldiers – Strong Bullish Reversal Signal

📊 The Three White Soldiers is one of the most reliable bullish reversal patterns. ✅ Formation (3 candles): Three consecutive long green candles. Each opens within or slightly above the previous candle’s body and closes higher. ✅ Meaning: Continuous buying strength → uptrend likely to follow. 📌 Example: Stock bottoms near ₹520, then prints 3 strong greens closing ₹530 → ₹545 → ₹560 → Three White Soldiers → strong bullish momentum. 🧠 Rule: Avoid if candles are too long (can signal exhaustion instead).

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