There are a number of chart patterns that traders can use in their trading strategies. Three consecutive green or white candles produce the three white soldiers pattern. It is known as a bullish reversal pattern. This pattern forms at the bottom of a downtrend and all three candles are long.

As a reversal signal out of a bear market or downtrend, three white soldiers provide the best risk/reward ratio. All three candles are nearly the same length and each candle's open is higher than the previous candle's open. This indicates an upcoming uptrend due to the perceived high buying pressure.

Chart pattern indicates the end of a downturn and a clear shift in power from sellers to buyers. It is also known as the three advancing soldiers pattern. There is no comparison between the three black crows and the three white soldiers. This pattern occurs when three consecutive red or black candles form at the top of an uptrend.end. Alternatively, it can also appear after three consecutive bullish candles. It indicates a reversal is imminent. Three black crows indicate bearish movement as the three white soldiers demonstrate that the bears are in charge.