The Bullish Three White Soldier Candlestick Pattern
A long white candlestick is formed on the 1st day and a gap up is created on the 2nd day. This is encouraging to the bulls. However, the 2nd day closes below the midpoint of the 1st day. Longs quickly question their strategy.
Three long white days occur each with a higher close than the previous day.
Each day opens within the body of the previous day and closes near the high of the day.
