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Three white soldiers can help you make money in the stock market

This is viewed as an extremely bullish pattern as continuous three positive closes indicate the beginning of a strong buying

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Traders who are short on the security look to exit and traders who are waiting to take up a bullish position see the three white soldiers as an entry opportunity.

Avdhut Bagkar Mumbai
In stock market trading, "three white soldiers" is a candlestick pattern that indicates a reversal in the downtrend. It consists of three continuous green candles with a strong close. Every next candle closes above the previous green candle high, signifying a likely change in the sentiment. On the charts, such a scenario reveals bulls getting aggressive with every weakness being bought into. Though the trading volume plays a crucial role in building and defining a trend, the volume structure may be kept aside if the strength in price is visible.

This pattern is viewed as an extremely bullish as continuous