When three solid candles march in the same direction, the market is making a statement.
Three white soldiers (bullish)
Three long green candles in a row, each closing near its high and higher than the last, after a decline.
Three black crows (bearish)
Three long red candles in a row, each closing near its low, after a rally.
Wick says
Soldiers march up, crows fly down. Simple. Just don't buy the third soldier when price is already miles from support. That's chasing.
Key takeaways
- Three strong same-colour candles = shift in control.
- Small wicks and steady closes make the pattern stronger.
- Wait for a pullback rather than chasing an extended move.