3-candle pattern · bullish bias
Three White Soldiers candlestick pattern
Three white soldiers are three consecutive long green candles, each opening within the prior body and closing near its high. It shows steady, sustained buying.
How to identify it
- Three long green candles in a row.
- Each opens inside the previous candle's body.
- Each closes near its high with small upper wicks.
Where it matters: Most meaningful after a decline or a long sideways period.
What it means
A strong shift towards buyers.
What confirms it
Holding above the second candle's close on any pullback.
What invalidates it
A close back below the first candle's open.
Common mistakes
- Chasing after the third candle when price is already stretched.
- Ignoring long upper wicks on the later candles, which hint at fading strength.
Frequently asked questions
Is three white soldiers bullish?
Yes. It shows sustained buying, most notably after a decline.
Can it appear at a top?
After a long advance, three large green candles can also be a sign of exhaustion, so context matters.
Related candlestick patterns
Educational content only, not financial advice. Chart patterns describe probabilities, not certainties, and every pattern can fail. See our disclaimer.