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Three White Soldiers Bullish
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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