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Three White Soldiers and Three Black Crows

  • Monday, 03 May 2010 23:16
  • Written by Desmond Wira

When three White Marubozu or Black Marubozu show up together, they give a strong continuity pattern, forming Three White Soldiers and Three Black Crows. Three White Soldiers signals bullish trend, meanwhile Three Black Crows signals bearish trend. They signals market is very confident about the trend. Image below shows how these patterns strongly affect the market.

Three White Soldiers and Three Black Crows

Type: Continuity
Three White Soldiers signals bullish trend
Three Black Crows signals bearish trend

Characteristic: long body, short or no shadow

Three White Soldiers and Three Black Crows

In some cases, after Three White Soldiers or Three Black Crows shows up, price is adjusted / corrected for a while before going on. That's why you need to be careful.

 

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