Technical AnalysisIntermediate

Three White Soldiers and Three Black Crows

Three white soldiers are three consecutive strong bullish candles, each closing higher; three black crows are the bearish mirror image.

Three white soldiers and three black crows are three-candle Reversal patterns. Soldiers are three strong rising candles after a fall; crows are three strong falling candles after a rise. They show steady pressure rather than one sharp move.

Category
Technical Analysis
Reading time
3 min
Also called
Three white soldiers, Three black crows, Three advancing soldiers
Updated

Soldiers and crows in plain words

Three white soldiers are three big up candles in a row, each opening inside the previous body and closing higher.1

Three black crows are the mirror image: three big down candles, each opening inside the previous body and closing lower.1

Combine the three soldiers into one and you get a single long white candle; the three crows combine into one long black candle.2

How to check the pattern

  1. Find the prior trend

    Soldiers appear after an extended downtrend and small consolidation.3

  2. Count three candles

    All three must move the same way.

  3. Check the opens

    Each should open within the body of the previous candle.1

  4. Check the closes

    For crows, check that each candle closes at or close to its low.4

  5. Check the size

    Very large candles after a long move can signal exhaustion.

  6. Plan the risk

    Set a hypothetical stop beyond the first candle.

Worked examples

Example 1 — Soldiers

Bullish turn

A hypothetical stock bottoms at 30, then closes at 31.5, 33 and 34.5 in three sessions.

Example 1 — Soldiers — calculation
Closes31.5 / 33 / 34.5
OpensInside prior bodies

This shows sustained, orderly buying pressure across three sessions.1

Example 2 — Crows

Bearish turn

A hypothetical index tops at 150, then closes at 147, 144 and 141, each near its low.

Example 2 — Crows — calculation
Closes147 / 144 / 141
Closes at lowsYes

Three long black bodies closing near their lows match three black crows.4

Example 3 — Stretched crows

Possible exhaustion

A hypothetical market has already fallen far when three huge red candles appear.

Example 3 — Stretched crows — calculation
Prior moveExtended
Candle sizeVery large

After a long run, three huge candles can mean the move is stretched rather than set to continue.1

Soldiers vs crows

AspectThree white soldiersThree black crows
Prior trendDownUp
CandlesThree risingThree falling
ClosesProgressively higherProgressively lower
SignalBullishBearish

Where traders use them

Advantages and disadvantages

Advantages

  • Three sessions give stronger confirmation.
  • Easy to see on daily charts.
  • Shows steady pressure, not a single spike.

Disadvantages

  • The entry comes late after a big move.
  • Stops beyond the first candle can be wide.
  • Can mark exhaustion instead of continuation.
  • Rare in clean form.

Going deeper

Read as far as you need. Each level builds on the one before it.

Structure

Beginner

Each soldier opens inside the body of the candle before and closes higher.1

Blended view

Intermediate

Merged together, the three soldiers form one long white candle — a picture of strong buying.2

Exhaustion risk

Advanced

Very large candles after an extended move can signal exhaustion rather than more of the same.1

Common mistakes

  1. Ignoring the prior trend

    The pattern must reverse something.

  2. Buying the third candle at any price

    The stop may be far away.

  3. Missing exhaustion

    Huge candles late in a move warn.

  4. Counting small candles

    Bodies should be long.

Check your understanding

Test yourself before moving on. Each answer comes with an explanation.

Q1Where does each soldier open?
Q2What can very large crows after a long fall mean?

Key points to remember

  1. Soldiers are three strong rising candles.
  2. Crows are three strong falling candles.
  3. Each opens within the prior body.
  4. They show steady pressure.
  5. Very large candles can mean exhaustion.

Frequently asked questions

Are soldiers always bullish?

They signal buying, but late in a move they can mean exhaustion.

Do crows need a gap?

No.

Which timeframe works best?

Daily charts are most common.

Further learning

Sources

This article is written in our own words. The sources below support the specific facts, rules and figures marked with a number in the text. Links open the original publisher’s page.

  1. IG. 16 Candlestick Patterns Every Trader Should Know (opens in a new tab) Checked .
  2. StockCharts ChartSchool. Introduction to Candlesticks (opens in a new tab) Checked .
  3. IG. Japanese Candlesticks: What They Are + How to Trade (opens in a new tab) Checked .
  4. StockCharts ChartSchool. Candlestick Pattern Dictionary (opens in a new tab) Checked .

Read more elsewhere

Educational content, not financial advice. Examples use hypothetical prices and simplified costs; actual fees, margin rules and regulations vary by broker, market and country. Trading Metrics is our sister site, under the same ownership; we are not affiliated with any other publisher linked above. Last reviewed . Report an error or request a source credit.