Three white soldiers. Depending on your colors these might be three green soldiers. Very simple and reliable candlestick pattern.
You have the first candlestick closing higher than the open, giving you your first indication that the previous bullish trend may be losing strength.
The next day we gap down from the close of the first candlestick, but we fail to make any bearish headway, and close higher than the open.
The third candlestick does the same thing, gaps down from the previous close and once again closes higher than the open, and higher than the previous close.
Telechart PCF -
C>C1 AND
C1>C2 AND
C>O AND
C1>O1 AND
C2>O2 AND
ABS(C2-O2)>(H2-L2)*0.50 AND
ABS(C1-O1)>(H1-L1)*0.50 AND
(H-L)>(AVGH21-AVGL21) AND
O>O1 AND
O<C1 AND
O1>O2 AND
O1<C2 AND
O2>O3 AND
O2<C3 AND
C>H*0.85 AND
C1>H1*0.85 AND
C2>H2*0.85
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