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Forex · candlestick pattern

Three white soldiers on USD/JPY

On USD/JPY the three white soldiers showed up 20 times. The target came first 25% of the time, the stop 70%, and 5% went nowhere within 12 candles.

Counted on USD/JPY: daily candles from January 2015 and hourly candles from September 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily367%0%33%
Hourly1718%82%0%

USD/JPY against the rest

ChartsFoundTarget firstStop firstWent nowhere
USD/JPY2025%70%5%
All Forex charts12333%61%7%
Every market1,22838%54%7%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the three white soldiers is

Three strong green candles in a row. Buyers keep marching.

Imagine three soldiers marching up a staircase, each one standing a step higher than the last. Three white soldiers are three strong green candles in a row, each closing higher than the one before. Buyers keep marching forward.

The full three white soldiers lesson, video and quiz ›

Other patterns on USD/JPY

Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them

The three white soldiers elsewhere

Ethereum · Bitcoin

Questions

How often does the three white soldiers work on USD/JPY?

In 20 cases on USD/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 25% of the time and the stop came first 70%; 5% went nowhere within 12 candles.

What is the three white soldiers?

Three strong green candles in a row. Buyers keep marching.