Three white soldiers are three consecutive large bullish candles with progressively higher closes, each opening within the prior candle's body. Three black crows are the bearish equivalent. These patterns signal strong momentum shifts and conviction from buyers (soldiers) or sellers (crows).
Three consecutive strong candles, Each candle opens within the previous body, Small or absent upper wicks (soldiers) or lower wicks (crows), Progressively larger volume ideal
Three white soldiers breaking above resistance, Three black crows breaking below support, Volume confirmation on each successive candle
Trail stops below each successive candle's low (soldiers) or above high (crows), Watch for exhaustion gaps or volume divergence on the third candle
Daily, Weekly
Be cautious if the third candle has unusually long wicks or small body — this may indicate the pattern is stalling. Also watch for advanced block patterns where the candles progressively shrink.
The hammer and hanging man are single-candle patterns with small real bodies and long lower shadows (at least 2× the body). A hammer appears at the bottom of a downtrend (bullish), while a hanging man appears at the top of an uptrend (bearish). The long wick indicates that sellers pushed price down but buyers recaptured ground.
A marubozu is a candle with no wicks (or very small wicks) — the open and close are at the extreme ends. A bullish marubozu opens at low, closes at high. A bearish marubozu opens at high, closes at low. Marubozus represent maximum conviction and can signal the start of a strong momentum move.
Pin bars are single-candle reversal patterns with a long tail (shadow) on one side and a small body on the opposite side. The tail shows a sharp rejection of a price level. Pin bars are the most widely used price action signal among naked chart traders and work on all markets and timeframes.
The morning star is a three-candle bullish reversal: a large bearish candle, a small body candle (the star) that gaps down, and a large bullish candle that closes well into the first candle's body. The evening star is the bearish mirror. These are among the strongest candlestick reversal patterns.