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Bullish Sanpei (three parallel candlesticks / three soldiers) PDF Print E-mail

Bullish Sanpei (three parallel candlesticks / three soldiers)

Reliability Rating: high

This pattern is intented to singal either a trend reversal or the trend continuation. It consists of three white candlesticks of similar increments and size. It signifies a continuation of the trend.

If the second and third day candlesticks open at or above the midrange of the previous day, this signifies that the trend will continue.