Three White Soldiers
Three consecutive rising candles, each opening within the previous body and closing near its own high.
Sustained one-directional buying across three periods with no meaningful pullback. It is read as strength, though the obvious objection is that three strong periods may equally mark the point where a move has gone as far as it will.
What a three white soldiers has actually done
Every occurrence we hold, scored on whether price moved more than 0.5% in the pattern’s own direction within three candles.
| Timeframe | Occurrences | Reached target | Baseline | Edge |
|---|---|---|---|---|
| 1H · crypto | 10,031 | 28.2% | 22.1% | +6.0pp |
| 1D · crypto | 1,781 | 26.5% | 35.6% | -9.1pp |
| 4H · crypto | 768 | 37.2% | 33.4% | +3.9pp |
Baseline is the share of ordinary candles that passed the same test over the same period, same timeframe and same direction. A rate at or below it means the shape added nothing. Edge is the difference between the two. This is a record of what followed, not a forecast.