Three consecutive long green candles, each opening within the prior body and closing near its high, showing sustained buying.
The ideal version has similar-sized bodies, small upper-shadows, and each open inside the previous candle's body rather than gapping. Together they show buyers stepping up repeatedly rather than one burst of news.
It appears most usefully after a base or at the start of a recovery, where it marks a genuine shift from selling to accumulation.
The awkward part is entry. By the time three long candles have printed, price is extended and the natural stop, below the first soldier, is far away. Chasing the third candle often means buying directly into a pullback. Traders who like this pattern usually wait for a shallow retracement toward the second candle's body or an inside-bar before entering.
Original diagrams for the ideas on this page. Illustrative, not real market data.
The parts of a candlestick. One candle sums up a slice of time: the thick real body runs from the opening price to the closing price, and the thin wicks reach out to the highest and lowest prices traded. Colour tells you which way the body ran.
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