Three White Soldiers

Three White Soldiers for NT8

The Three White Soldiers is a bullish three bar reversal pattern and may indicate a reversal at the end of an downtrend. To learn more, check out the video below:

What is theThree White Soldiers Pattern

TheThree White Soldiers pattern is composed by three large consecutive up-closes. All three bars must have moderately sized upper and lower shadows. Finally, the second bar opens inside the body range of the first bar and likewise, the third bar opens within the body range of the second bar.

Being a reversal pattern, theThree White Soldiers should occur during a minor bearish swing trend. The minimum swing trend deviation threshold is user selectable via the indicator dialogue box. Likewise, the definition of the large body and wick size requirements may also be defined as per user preference. The bearish equivalent to this pattern is the Three Black Crows.

Other bullish candlestick patterns

Other bullish candlestick patterns include the bullish belthold, bullish engulfing, bullish harami, bullish harami cross, white marubozu, bullish piercing, bullish hammer, dragonfly doji, inverted hammer, morning star, morning doji star, long white candle, tweezers bottom and the rising three methods.

TheThree White Soldiers pattern and all of the above patterns may be identified with our candlestick pattern indicator for NinjaTrader 8. Check out the LizardIndicators Premium Section for more information.

You may identifyThree White Soldiers patterns with the Lizardindicators Candlestick Pattern indicator for NinjaTrader 8, available from our Premium Section.