Bullish Three White Soldiers

The Three White Soldiers pattern consists of three consecutive bullish candlesticks and normally appears in a downtrend.

These three bullish candlesticks share four common characteristics, Firstly, the bodies of the three candlesticks are generally of equal length. Secondly, they have very short upper shadows, and in some cases, no upper shadow at all, indicating sustained dominance by buyers throughout the trading period. Thirdly, the opening prices are within the body of the preceding bullish candlestick, demonstrating strong buyer determination in the market.

The final key feature is that the closing price of each candlestick is higher than the highest price of the preceding one, signaling robust buying intent. This continuous upward trend suggests a potential reversal to the upside in the market.