Sunday, 3 January 2021

THREE WHITE SOLIDERS

 


✍The three white soldiers forms at the bottom of stock or index and act as a trend reversal in an upward direction. 

✍The morning star, marubozu or bullish engulfing can turn into three white soldiers in some cases

✍This is more reliable pattern as compared to other candles.

✍The first candle can be larger in size.

✍The third candle should not be small in size as compared to other three.

✍The volume of the three candles should be larger in number as compared to past volumes of the stock. 



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