Thursday, April 17, 2014

Three White Soldiers | Forex Currencies | Auto Trading Also

Three White Soldiers Candlestick Pattern

Three White Soldiers Forex Chart PatternWhat is Three White Soldiers?

Three White Soldiers is a bullish reversal candlestick pattern, it changes a downtrend into an uptrend.

How does Three White Soldiers pattern look like?

This Forex candlestick patterns consists of three green (or blue) candlesticks. They occur during a downtrend.

How can I trade with Three White Soldiers?

Three White Soldiers occur during a downtrend and reverses the market into an uptrend. So you are expected to be buying or looking ofr buying opportunities.
Three White Soldiers Forex Chart Pattern
However, always have more than one factor to confirm your trading bias, such as Fibonacci retracements, indicators, etc.

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Risk Warning

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial adviser if you have any doubts.