Have you ever looked at a candlestick chart and wondered if it could really tell you when a stock might start rising? Traders often say “the charts never lie,” and while that’s debatable, some patterns have stood the test of time—the Three White Soldiers pattern is one of them. In this guide, we’ll unpack what it means, how to identify it on Chartink, and how you can use it effectively in your trading journey.
Think of it as learning to read a weather forecast—but for the stock market. When you know how to spot the right signals, you can prepare for fair weather or a financial storm.
Learn about the three white soldiers chartink pattern, how it works in trading, and why it’s a must-know for those taking online stock trading courses.
What is the Three White Soldiers Pattern?
The Three White Soldiers pattern is a bullish reversal signal that appears after a downtrend. It consists of three consecutive long green (or white) candlesticks, each opening within the previous candle’s body and closing near or above its high.
This pattern indicates strong buying pressure and, consequently, a potential shift from bearish to bullish sentiment. As a result, traders often see it as a confirmation that momentum is steadily building for an upward trend.
Importance of Candlestick Patterns in Trading
Candlestick patterns are like the language of traders. Each candle tells a story—buyers fighting sellers, optimism clashing with fear. Understanding these patterns, as explained by Be1Crypto.com, can help traders predict market direction before numbers or indicators catch up.
In short, candlestick patterns give traders an edge by visually representing market psychology in real time.
Anatomy of the Three White Soldiers Pattern
Let’s break down what makes this pattern unique:
- Three consecutive bullish candles.
- Each candle opens within or near the previous body.
- Each candle closes higher than the last.
- Shadows (wicks) are usually small, suggesting controlled growth.
Overall, this pattern reflects a consistent buyer takeover over three sessions, thereby symbolizing steady and growing market confidence.
How to Identify the Pattern on Chartink
For example, Chartink.com, a popular Indian market screening platform, also helps traders easily identify such patterns automatically.
Here’s how to find or create a Three White Soldiers screener:
- Go to
- Chartink.com
- Search for Three White Soldiers in the community screeners.
- Check the filter logic: typically, it detects three bullish candles closing progressively higher.
- You can refine by timeframe (daily, weekly) or sector.
This tool lets you skip manual chart scanning and focus on setups.
Example of the Three White Soldiers in Real Charts
Imagine a stock like Reliance Industries trading in a downtrend. Suddenly, over three consecutive days, you see three long bullish candles forming, each opening slightly above the last.
That’s a textbook example of the Three White Soldiers, which clearly signals the end of the bearish phase and, consequently, the start of new bullish momentum.
What Does It Indicate for Traders?
This pattern suggests:
- Reversal confirmation: The selling pressure is likely exhausted.
- Market optimism: Buyers are regaining control.
- Entry opportunity: A potential start of an upward rally.
However, traders don’t act on this signal alone—they combine it with volume, RSI, or moving averages to validate strength.
The Psychology Behind the Pattern
Markets move on emotions—fear and greed. When this pattern forms, it represents a psychological shift from fear-driven selling to confident buying.
Each candle shows growing trader confidence, much like a fire that grows stronger with each spark. Consequently, the Three White Soldiers essentially tell you that the bulls are back in charge.
Key Conditions for Accurate Identification
To ensure accuracy:
- The pattern must appear after a downtrend.
- The candles should be medium to large in size.
- Avoid patterns with long upper wicks—they may show resistance.
- Watch for high trading volume during the pattern’s formation.
By meeting these criteria, you not only reduce false signals but also significantly improve trade quality.
Differences Between Three White Soldiers and Other Patterns
| Pattern | Nature | Key Difference |
| Three White Soldiers | Bullish Reversal | Appears after a downtrend, shows steady buyer control. |
| Three Black Crows | Bearish Reversal | The bearish opposite—three consecutive red candles. |
| Morning Star | Bullish Reversal | Involves a smaller second candle (a pause before reversal). |
| Bullish Engulfing | Bullish Continuation | Two-candle formation showing a strong reversal. |
By understanding these distinctions, traders can more effectively choose the right tool for their strategies.
Limitations and Common Mistakes
Despite its power, the Three White Soldiers isn’t foolproof.
Common mistakes include:
- Acting without confirmation indicators.
- Misreading the pattern in sideways markets.
- Ignoring resistance zones that can halt momentum.
Smart traders always validate signals before jumping in.
How to Combine the Pattern With Indicators
Pairing the pattern with indicators makes it more reliable:
- RSI: Look for RSI crossing above 50 to confirm strength.
- MACD: Bullish crossovers support momentum continuation.
- Volume: High volume during pattern formation = strong validation.
- Moving Averages: Ensure candles rise above key averages (20-day or 50-day).
This combination acts like double-checking your map before heading down a new road.
Effective Trading Strategies Using the Pattern
Here’s how you can trade with Three White Soldiers:
- Trend Confirmation: Wait for a clear uptrend confirmation after the pattern.
- Entry Point: Enter on the next candle if the price sustains above the third candle.
- Stop-Loss: Place it below the low of the first candle.
- Profit Target: Use resistance zones or Fibonacci levels to set exits.
You can backtest these rules using Chartink’s backtesting options to measure performance.
Using Chartink Screeners for Pattern Detection
Chartink lets you automate the discovery of signals like Three White Soldiers.
Steps:
- Log in to your Chartink account.
- Open the screener section.
- Search for “Three White Soldiers.”
- Customize parameters such as candle body size, volume, or timeframe.
This transformation—from manual analysis to automated alerts—saves both time and effort.
How Online Stock Trading Courses Can Help You Learn
If you’re new to chart reading or pattern recognition, online stock trading courses can give you a structured foundation.
They cover topics like:
- Candlestick theory and technical analysis.
- Trend identification and reversal setups.
- Real-world chart practice sessions.
Platforms like Trendy Traders Academy, Zerodha Varsity, Udemy, or FinGrad offer affordable programs that can turn a beginner into a confident trader.
Final Thoughts and Practical Insights
The Three White Soldiers pattern is one of the most dependable bullish reversal signals—but only when interpreted within context. It works best when confirmed by indicators, supported by high volume, and aligned with market sentiment.
Like any trading signal, it’s a guide—not a guarantee. Use it as part of a complete trading plan, not a standalone tool.
FAQs
1. What is the Three White Soldiers pattern in trading?
It’s a bullish reversal candlestick pattern showing three consecutive green candles after a downtrend, suggesting strong buyer control.
2. How is the Three White Soldiers pattern used in Chartink?
Chartink screeners automatically detect this pattern using filters that analyze candle formation, closing prices, and volume.
3. Is the Three White Soldiers pattern reliable?
It is reliable when confirmed with volume and momentum indicators, but traders should avoid using it in sideways markets.
4. Can I learn about this pattern in online stock trading courses?
Yes. Many online stock trading courses teach candlestick basics, pattern identification, and real-time case studies.
5. What is the difference between Three White Soldiers and Three Black Crows?
Three White Soldiers signals a bullish reversal, while Three Black Crows signals a bearish reversal—essentially opposites.
