|Bullish Sanpei (three parallel candlesticks / three soldiers)|
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.