Three consecutive long bullish candles, each opening within the prior body and closing near its high. A strong continuation signal that marks the start of a new uptrend or a powerful breakout from consolidation.
Three White Soldiers (akasanpei in Japanese) is a bullish formation built from three consecutive long bullish candles. The English name comes from the image of three soldiers marching in formation; the Japanese name refers to the colour of bullish candles in traditional charts (red — aka), and to the three of them lined up in step.
When it appears after a bottoming sequence or after a long consolidation, the pattern is read as the opening step of a new uptrend. Its weight comes from the fact that the buying was not a single-day spike but a sustained advance across three sessions.
Members Only
Full access is reserved for members of the library.