forex trading course (part 1)

The three white soldiers pattern is formed when three long bullish candles follow a downtrend, signaling a reversal has occurred. This type of triple candlestick pattern is considered as one of the most potent in-yo-face bulli

The first of the three soldiers is called the reversal candle. It either ends the downtrend or implies that the period of consolidation that followed the downtrend is over.

For the pattern to be considered valid, the second candlestick should be bigger than the previous candle’s body. Also, the second candlestick should close near its high, leaving a small or non-existent upper wick.

For the three white soldiers pattern to be completed, the last candlestick should be at least the same size as the second candle and have a small or no shadow.

The three black crows candlestick pattern is just the opposite of the three white soldiers. It is formed when three bearish candles follow a strong uptrend, indicating that a reversal is in the works.

The second candle’s body should be bigger than the first candle and should close at or very near its low. Finally, the third candle should be the same size or larger than the second candle’s body with a very short or no lower

The three inside up candlestick formation is a trend-reversal pattern that is found at the bottom of a downtrend. This tripe candlestick pattern indicates that the downtrend is possibly over and that a new uptrend has started.

The first candle should be found at the bottom of a downtrend and is characterized by a long bearish candlesticke second candle should at least mak

Conversely, the three inside down candlestick formation is found at the top of an uptrend. It means that the uptrend is possibly over and that a new downtrend has started. A three inside down candlestick formation needs have the following characteristics:

The first candle should be found at the top of an uptrend and is characterized by a long bullish candlestickhe second candle should make it up all the way down the midpoint of the first candle.

The third candlestick needs to close below the first candle’s low to confirm that sellers have overpowered the strength of the uptrend.

Did you click here first? If you did, stop reading right now and go through the entire Japanese Candlesticks Lesson first!

If you’re REALLY done with those, here’s quick one page reference cheat sheet for single, dual, and triple Japanese candlestick formations to easily identify what kind of pattern you are looking at whenever you are tradi

If the close is above the open, then a hollow candlestick (usually displayed as white) is drawn.ose is below the open, then a filled candlestick (usually displayed as black) is drawn.
The hollow or fi

The thin lines poking above and below the body display the high/low range and are called shadows of the upper shadow is the he lower shadow is the “low”.
Long bodies indicate strong buying or s