Three White Soldiers Candlestick Chart Pattern || 10% to @tron-fan-club

Assalamu AlaikumMy Dear Steem Friends,This is @kawsar from Bangladesh.

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Today i will Discuss with you About Three White Soldiers Candlestick Chart Pattern. Learning this candlestick chart pattern is very important and vital for every traders. So I thought I'd share with you a series of posts about candlestick chart patterns. And in its continuation, today I will discuss about this Three White Soldiers Candlestick Chart Pattern. This is a bullish reversal candlestick pattern. I hope you will benefit a lot from reading this post and will be able to use the trading experience. I always try to share with you what I know about myself.

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_{Image Design From Adobe illustrator}

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Three White Soldiers Chart Pattern:

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Three White Soldiers is a bullish reversal pattern. This bullish reversal pattern consists of three candles and these three candles must be bullish i.e. these three candles must be green colored candles. We also need to see that the second candle opens and closes a little higher than the first candle and the third candle opens and closes higher than the second candle, which means that these will create a new higher.

In the market, it is important to note that these three candles must be open from the previous candle and close to the top. Then we can easily understand that this is a Three White Soldiers bullish reversal pattern and if we see this in the market. Then we will naturally understand that the market will go uptrend from now on. From here we get a buy signal. And we can see it below the downtrend market, because it will work below the downtrend market. When we see the Three White Soldiers bullish reversal pattern below the downtrend market, we can understand this or imagine that the market will move uptrend from here.

I have shared an image below to understand how it can actually be in the market. Looking at the image you can easily understand what this pattern might look like. In the image below we can see that there are three bullish green colored candlesticks and they have made the first to the second and the second to the third higher.

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I will make an entry here when we look through the other indicators and decide. So to understand where I will take entry and where to give stop loss, I have shared an image myself and through that image I have shown where I can take entry and where I can give stop loss. Here, the price of the third candle of the three candles has gone up, we will take the entry in that price and after taking the entry we must keep it with stop loss. I will set a stop loss at the price where the price of the first candle went to the lowest.

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So if we look at this Three White Soldiers bullish reversal pattern below the downtrend market, then naturally we will get a buy signal that the market will go uptrend from here. We will get a buy signal from here and we can make a decision to buy assets from here or we can think of buying any assets from market. But what I always say is that we will not enter any trade after being sure about the pattern or any one of them.

Because one thing can give us wrong information or signal. For this we must confirm through some other indicator whether this signal is really true or not. If the indicator signals to us that the market may go up from here. Then we will take an entry from here. And if the other indicators say that the market is not likely to go up from here. The indicator is not giving us any buy signal from here, but we will refrain from taking entry from here.

However, we can refrain from losing. In fact, in the case of trade, there is an issue. How many trades did I take entry in? This is not the main issue, how many trades I have been able to benefit from. We will try to do a lot of research and technical analysis to enter the trade. If we get more chances of profit then we can be profitable.

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Today we have learned about an effective bullish Three White Soldiers reversal pattern. I think you like this bullish reversal pattern and if you can trade in the market according to this pattern style, then i hope you can definitely benefit. I have always try my best to present this candlestick pattern from my own knowledge and I have shown some real examples through some images. So that you have a lot more benefits. You can easily understand by looking at these pictures what this candlestick. I will discuss some more new effective candlesticks inshallah.

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Many thanks to everyone for reading this post carefully

𒆜🆃🅷🅰🅽🅺 🅴🆅🅴🆁🆈🅾🅽🅴𒆜

@kawsar