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3 (v)
Three White Soldiers
Stock Market
✤ Setup Conditions:

1. 1st candle’s close must be greater than 1st candle’s open, it means 1st candle is a bullish candle.

2. 2nd candle’s close must be greater than 2nd candle’s open, it means 2nd candle is a bullish candle..

3. 3rd candle’s close must be greater than 3rd candle’s open, it means 3rd candle is a bullish candle..

4. 2nd candle’s high must be greater than 1st candle’s high, it means 2nd candle has a higher high.

5. 2nd candle’s low must be greater than 1st candle’s low, it means 2nd candle has a higher low.

6. 2nd candle close must be greater than 1st candle’s high, it means 2nd candle is a breakout candle.

7. 3rd candle’s high must be greater than 2nd candle’s high, it means 3rd candle has a higher high.

8. 3rd candle’s low must be greater than 2nd candle’s low, it means 3rd candle has a higher low.

9. 3rd candle’s close must be greater than 2nd candle’s high, it mean 3rd candle is a breakout candle.

✤ Type

Bullish Reversal

✤ Trend Context

Appears at the bottom of a downtrend or after a period of consolidation.

✤ Significance

Strongly bullish, signaling the start of ann uptrend.

✤ Structure

Three consecutive long bullish (green) candles.

Each candle openns within the body of the previous one and closes higher.

✤ Psychology

Buyers consistently overpower sellers, indicating a complete shift in market sentiment to bullishness.

Each subsequent close higher reinforces the trend reversal.