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How to Use Three White Soldiers Pattern to Spot Bullish Reversal?

Intermediate
Candlestick
Trading
Jul 29, 2021
0
0

In this article, we’re going to explore the three white soldiers candlestick pattern and see how it can help traders spot bullish reversal patterns in the cryptocurrency market. In technical analysis, some of the most popular price action patterns have funny names like “head and shoulders” or “cup and handle.” The names of these trading patterns are not random. Rather, they illustrate the overall shapes of the price actions.

In this regard, the “three white soldiers” pattern carries this name because its shape resembles three soldiers in a regular army formation, ascending.

Once you’ve seen the three white soldiers candlestick pattern, you can’t unsee it.

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