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| Courtesy of StockCharts.com |
By Investopedia
BREAKING DOWN 'Three White Soldiers'
These long-bodied candlesticks are a sign of the change in investor sentiment and are used by
traders to confirm a shift in momentum.
This pattern may form after a period of consolidation,
which is still a valid sign of a move higher, but it is not as
desirable as it would be if it were found at the end of a prolonged
downtrend.
Comment by JustSignals
In the chart above the three white soldiers formed after a muti week consolidation period from the beginning of Dec 20016 to mid Jan 2017.
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This
has been posted for Educational Purposes Only. Do your own work and
consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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