No. of Candles: 3
Trend Context: Appears after a downtrend or consolidation (best)
Body Size: Long real bodies (bullish)
Wicks: Small or nonexistent lower wick
Volumes: > avg of 10 days
My criteria for spotting 3 white soldiers -
Each candle needs to opens within or slightly below the previous candle’s body and closes higher than the previous candle.
The candles also have a small or no lower shadow, indicating consistent buying pressure.
High on volumes
Trend Context: Appears after a downtrend or consolidation (best)
Body Size: Long real bodies (bullish)
Wicks: Small or nonexistent lower wick
Volumes: > avg of 10 days
My criteria for spotting 3 white soldiers -
Each candle needs to opens within or slightly below the previous candle’s body and closes higher than the previous candle.
The candles also have a small or no lower shadow, indicating consistent buying pressure.
High on volumes
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.