1 Three White Soldiers Candle Pattern - Bullish Pattern

The Three White Soldiers candle pattern consists of three long candles with long bodies following a bearish trend, indicating a long-term reversal of the trend upwards.

To be a valid pattern:

The body of the second candle should be longer than the body of the first candle and its closing price should be near its high with a small or no upper wick.

The body of the third candle should be the same size or larger than the body of the second candle, and the closing price of the third candle should be at the highest price or near it with a small or no wick.

Technical traders use the Three White Soldiers candle pattern as one of the clearest patterns indicating the end of bearish markets.

2 Three Black Crows Candle Pattern - Bearish Pattern

The opposite of the above pattern of three white soldiers. This three black crows candle pattern consists of three long-bodied bearish candles following a bullish trend, indicating a long-term reversal of the trend downwards.

To be a valid pattern:

The body of the second candle should be longer than the first, and it should close near its low with a small or no wick.

The body of the third candle should be the same size as or larger than the second candle, and the closing price of the third candle should be at the lowest price or near it with a small or no wick.

A technical trader may use the three black crows candle pattern as an opportunity to open a sell position aiming to profit from the next downward trend.

3 Triple Bullish or Bearish Candle Patterns

Triple bullish or bearish patterns are used to predict the continuation of the current trend, whether it is a bearish or bullish trend.

The bearish pattern is called the 'Three Rising Candles' pattern. The bearish pattern consists of a long red candle, followed by three small green candles, and another red body - all green candles are contained within the range of the bearish bodies. It shows traders that the bulls do not have enough strength to reverse the trend.

The opposite is true for the bullish pattern called the 'Three Falling Candles' pattern. It consists of three short red candles located within the range of two long green candles. The pattern shows traders that despite some selling pressure, buyers are maintaining control of the market.