
Effectiveness of three white soldiers candlestick pattern
The white soldiers' candlestick pattern is an excellent reversal pattern. If it is corroborated by another indication, Three White Soldiers is a dependable reversal pattern. If you see this indication in a decline, it is a favorable indicator. However, if it is seen in consolidation or trend continuation, it is ineffective. If you see this pattern, you should purchase, but remember to keep the risk-reward ratio in mind.
Jun 22, 2022 04:30