Three White Soldiers
Three White Soldiers - I think this is the easiest method, and it's also the method I use a lot. Simply understood, these three white soldiers are characterized by three consecutive green candlesticks. Each candle opens within the range of the previous candle, and the closing price is higher than its high point.
Examples: $Tesla (TSLA.US)$
You can see in the green grid below that the stock price continues to rise after the candlestick line shows three green stoves in a row.![]()
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The continuous appearance of three green stoves indicates that this stock is on an upward trend. At this point, we can use other technical indicators to predict future trends. Here I'm using MA, and in the green grid below, we can see that MA5, MA10, and MA20 are all on an upward trend. When there are multiple upward signals, we can see that the stock price will continue to rise.![]()
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The continuous appearance of three green stoves indicates that this stock is on an upward trend. At this point, we can use other technical indicators to predict future trends. Here I'm using MA, and in the green grid below, we can see that MA5, MA10, and MA20 are all on an upward trend. When there are multiple upward signals, we can see that the stock price will continue to rise.
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