Three White Soldiers Three Black Crows MT5 Patterns Trading Indicator

Three White Soldiers Three Black Crows MT5 Patterns Trading Indicator

Three White Soldiers Three Black Crows pattern trading indicator for MetaTrader 5 terminal finds two candlestick patterns on the price chart: Three White Soldiers and Three Black Crows.

Three White Soldiers Three Black Crows pattern trading indicator for MetaTrader 5 terminal, as the name implies, finds two candlestick patterns:

Three White Soldiers (three white soldiers)

A bullish reversal pattern, characterized by three consecutive glowing candles whose opening price is in the body of the previous candle and the closing price is approaching the High value.

This candlestick pattern shows the strength of bulls that are actively rallying. The demand is so great that few take a position. This is a very good signal to open a buy trade.

Three Black Crows (three black crows)

Bearish reversal pattern, similar to the previous one, consisting of three bearish candles with long bodies. The opening price of each candle is within the body of the previous one, and the closing price is close to the low value.

Note that the indicator denotes all bars included in the pattern. The pattern is constructed with the participation of a zero bar, so it is possible for the pattern to be redrawn (if there are three bars in the pattern and the third bar is zero).

The Three White Soldiers Three Black Crows Trading Pattern Indicator For MT5 It is best used on timeframes starting from one day — it is on these TFs that candlestick pattern signals have the greatest reliability.

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