Three consecutive strong-bodied candles in the same direction. Three White Soldiers signal bullish reversal, Three Black Crows signal bearish reversal.
Indicators Used
Pattern ScannerEMA 20
Rules
๐ Three White Soldiers
- Three consecutive bullish candles with progressively higher closes
- Each candle opens within the prior candle body
- Small or no upper wicks (strong buying)
- Must follow a downtrend or consolidation
๐ Three Black Crows
- Three consecutive bearish candles with lower closes
- Each opens within the prior body
- Small or no lower wicks
- Must follow an uptrend