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Bullish Three White Soldiers



This pattern signals a potential trend

Reversal


How to identify
  1. Three consecutive long white days with higher closes each day.

  2. Each day opens within the previous body.
Similar pattern(s)

» Bearish Advance Block

» Bearish Deliberation

Psychology

This pattern represent powerful unabated buying. Shorts would be wise to stay away from this steam engine. Longs should be prepared for a rest before proceeding on to higher prices.



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