Three White Soldiers

What is the Three White Soldiers?

Three White Soldiers consists of three consecutive long bullish (white / green) candles, each one:

1. Opens within the body of the prior candle. 2. Closes near its own high. 3. Has minimal upper wick.

The pattern signals sustained, methodical buying pressure over three sessions. Unlike a single Marubozu (which could be exhaustion), three consecutive strong bullish closes signal a directional regime shift.

How to identify a Three White Soldiers

Requirements:

1. Three consecutive long bullish candles (bodies clearly larger than recent average). 2. Each candle opens within the prior candle's body (not above it — that would be a gap, less reliable). 3. Each candle closes within the upper half of its own range. 4. Upper wicks are short or absent.

Position matters: Three White Soldiers at the bottom of a downtrend is a strong reversal signal. Same pattern in the middle of an established uptrend signals trend acceleration. Same pattern after parabolic gains is often exhaustion.

How to trade the Three White Soldiers

Two contexts.

At downtrend bottoms (reversal): Enter long at the close of Candle 3. Stop below Candle 1's low. Target the previous swing high.

In confirmed uptrends (continuation): Wait for a pullback to the 50% retracement of Candle 3 before entering. Tighter stop, better R:R.

Avoid trading Three White Soldiers that form after a parabolic rally — those often mark exhaustion tops rather than continuation. Volume context helps: rising volume on each successive candle confirms institutional commitment; declining volume signals potential exhaustion.

More patterns and definitions in the forex glossary, or see them stacked on real charts in the trading blog.

Three White Soldiers FAQ