What it means
Three white soldiers is a sequence of three long green (white) candles where each opens within the prior candle's body and closes near its high. The pattern shows sustained buying pressure across three full sessions — typical of strong reversal from a low or breakout continuation. Bulkowski reports ~82% follow-through when at major bottoms.
Why it matters
The pattern's strength comes from its three-session structure. Single candles can be noise; three consecutive long-body up-closes with progressive higher closes show sustained institutional buying. The pattern often marks the start of multi-week rallies.
How to use it
Identify at bottoms or after consolidation breakouts. Bodies should be of similar size (not progressively shrinking — that signals exhaustion). Each candle's upper wick should be small (showing close near high). Entry on close of third candle or first pullback. Stop below the first soldier's low.
Want a worked example or a deeper dive? Ask Rocky how this concept applies to your specific watchlist or trade idea.
Ask Rocky