The three white soldiers pattern is formed when threefollow a or a period. The pattern indicates a and is considered to be a strong bullish signal.
The three white soldiers usually have three long bullish candles (1), one after the other, of equal length.
The candles close above the previous day’s high.
In the What are value stocks? A value company is a company that app... More, the candles ideally open up in the middle of the previous period’s candle.