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Three White Soldiers Bullish


Pattern: Reversal
Trend: Bullish
Reliability: High

How to Identify it

  • Three long white days occur, each with a higher close than the previous day
  • Each day opens within the body of the previous day and closes near the high of the day

What it Means

In a downtrend three long white days occur with consecutively higher closes. Generally this suggests future market fortitude, as a reversal is in progress that is building on moderate upward steps.




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