BULLISH THREE WHITE SOLDIERS
The chart showing Series 1 series.
To see the performance of the pattern in your stock exchange in the context of other stock markets please examine the table below. Find your stock market there and see how it ranks among the others. This will give you an idea about the pattern’s strength and reliability and help you in your buying decisions.
BULLISH THREE WHITE SOLDIERS
Definition
This pattern indicates a strong reversal in the market. It is characterized by three normal or long candlesticks incrementing upwards. The opening of each day is slightly lower than previous close and prices progressively close at higher levels. This staircase like behavior signals the reversal of the trend.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. Three consecutive normal or long white candlesticks are observed.
3. Each candlestick opens within the body of the previous day.
4. Candlesticks progressively close at new highs, above the preceding day.
Pattern Requirements and Flexibility
The Bullish Three White Soldiers consists of three consecutive normal or long white candlesticks. The last two candlesticks must open in the range of the preceding candlestick and close higher.
Trader’s Behavior
The pattern appears in a context where the market stacked at a low price for too long. The market is still testing new lows and it is now approaching a bottom or already at the bottom. Then we see a decisive attempt upward whose evidence is the first white candlestick. Rally continues in the next two days characterized by higher closes. Bears are now forced to cover short positions.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the last low. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
ArgentinaBUE 221100.0050.0021.501.0020.50
Saudi ArabiaTADAWUL 20111055.0090.9116.550.0916.45
IndiaNSE 1861338471.5163.168.320.987.33
ChileBCS 111100.00100.007.000.007.00
MalaysiaBURSA 116454.5566.676.830.006.83
Austria WIENERBORSE 108780.0087.507.000.256.75
SwedenSTOCKHOLM 36211358.3361.906.900.676.24
RussiaMICEX 2817860.7147.066.410.765.65
NorwayOSE 119781.8277.786.440.895.56
IsraelTASE 27201274.0760.006.200.905.30
EgyptEGX 169656.2566.676.221.005.22
AustraliaASX 42301871.4360.005.870.705.17
IndiaBSE 27718510766.7957.846.631.485.15
IndonesiaIDX 555100.00100.005.000.005.00
South KoreaKRX 146956265.7564.585.330.504.83
TaiwanGTSM 38251665.7964.005.320.524.80
RussiaMICEX 96666.67100.004.670.004.67
South KoreaKOSDAQ 131886167.1869.325.731.274.45
Hong KongHKEX 118764164.4153.955.861.454.41
UKLSE 2121349063.2167.164.890.764.13
ItalyBORSA 84553465.4861.824.400.423.98
BrazilBOVESPA 41282168.2975.004.000.113.89
USAMEX 62372659.6870.274.460.703.76
ChinaSZSE 51032220663.1463.984.781.083.70
ChinaSSE 46229918064.7260.204.421.023.41
TaiwanTWSE 53312058.4964.523.840.453.39
The World 49453331202467.3860.744.140.883.26
USNASDAQ 45729419064.3364.634.130.963.17
JapanTOKYO 26519411873.2160.823.760.792.97
USOTC PINK 1611055465.2251.434.521.712.81
SingaporeSGX 95355.5660.003.000.402.60
CanadaTSX-V 222100.00100.002.500.002.50
CanadaTSX 1531046767.9764.422.640.382.26
FrancePARIS 45352077.7857.142.970.802.17
QatarQE 1412685.7150.002.750.672.08
BrazilBOVESPA 21150.00100.002.000.002.00
PortugalLISBON 53260.0066.673.331.332.00
Poland GPW 111100.00100.002.000.002.00
GermanyXETRA 93673972.0458.212.280.781.51
USNYSE 65447126072.0255.202.010.611.40
SwitzerlandSIX 48342370.8367.651.910.591.32
USPREFERRED 69432062.3246.511.650.351.30
SpainIBEX 137553.8571.432.291.141.14
MalaysiaBURSA 111100.00100.001.000.001.00
UAEUAE 54280.0050.002.251.251.00
USFOREX 111100.00100.001.000.001.00
USOTCBB 111100.00100.001.000.001.00
Vietnam HOSE 111100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
BelgiumBRUSSELS 105350.0060.001.200.201.00
SwitzerlandSIX 222100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
NetherlandsAMSTERDAM 129575.0055.561.891.000.89
MexicoBMV 1813972.2269.231.851.080.77
TurkeyBIST 54280.0050.001.751.250.50
IndonesiaIDX 221100.0050.000.500.500.00
ChinaSSE 111100.00100.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
TaiwanGTSM 221100.0050.000.000.000.00
DenmarkCOPENHAGEN 43275.0066.672.332.67-0.33
Greece ATHENS 63150.0033.330.671.33-0.67
MexicoBMV 331100.0033.330.332.33-2.00
TurkeyBIST 32166.6750.000.002.50-2.50
JordanASE 32066.670.000.004.00-4.00
USWARRANTS 21050.000.000.009.00-9.00
Patterns Total: How many of this particular pattern has been detected in this period
Confirmed Total: How many of the detected patterns were confirmed and converted into signals
Profitable Signals: The number of the confirmed patterns that have given profitable trades
Confirmation %: The percentage of the confirmed patterns with respect to the total occurrences of this pattern
Profitable Signal %: The percentage of the successful confirmed patterns with respect to the total confirmed patterns
Per Trade Profit %: Total Profits / Total Trades
Per Trade Loss %: Total Losses / Total Trades
Per Trade Net%: (Total Profits–Total Losses) / Total Number of Trades
Samples: Live sample ticker symbols from stock exchanges with links to stock pages of the related bulls.com© family websites
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Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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