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)
Saudi ArabiaTADAWUL 1811961.1181.8216.360.0916.27
ArgentinaBUE 43275.0066.6715.000.6714.33
NorwayOSE 75571.43100.0010.400.0010.40
Austria WIENERBORSE 86575.0083.338.170.008.17
MalaysiaBURSA 84250.0050.008.500.508.00
IndiaNSE 1551136972.9061.068.701.287.42
SwedenSTOCKHOLM 29181262.0766.678.000.787.22
ChileBCS 111100.00100.007.000.007.00
RussiaMICEX 27171362.9676.477.180.246.94
BangladeshDSE 1810755.5670.006.700.206.50
TurkeyBIST 553100.0060.007.001.006.00
PortugalLISBON 53260.0066.677.331.336.00
IsraelTASE 2517968.0052.946.821.065.76
South KoreaKOSDAQ 114725063.1669.445.850.565.29
EgyptEGX 158553.3362.506.251.135.13
IndonesiaIDX 65583.33100.005.000.005.00
Hong KongHKEX 122774763.1161.045.871.004.87
South KoreaKRX 127876168.5070.115.260.444.83
IndiaBSE 2501649665.6058.546.441.644.80
RussiaMICEX 96666.67100.004.670.004.67
AustraliaASX 46351976.0954.295.060.634.43
TaiwanGTSM 35241668.5766.674.580.504.08
Vietnam HOSE 97377.7842.865.571.574.00
USNASDAQ 37825316466.9364.824.570.673.91
TaiwanTWSE 44281863.6464.294.040.253.79
BrazilBOVESPA 33221866.6781.823.820.093.73
ChinaSZSE 52533821964.3864.794.640.963.68
PhilippinesPSE 63350.00100.003.670.003.67
ChinaSSE 45930018565.3661.674.560.993.58
UKLSE 2111418566.8260.284.280.893.39
The World 47293206195567.8460.944.070.833.24
JapanTOKYO 25417610869.2961.363.930.703.23
ItalyBORSA 86553463.9561.823.470.532.95
USOTC PINK 150974964.6750.524.351.552.80
USAMEX 58392667.2466.673.540.852.69
FrancePARIS 43261460.4753.853.190.852.35
NetherlandsAMSTERDAM 97377.7842.863.431.142.29
QatarQE 108480.0050.002.880.752.13
CanadaTSX-V 21150.00100.002.000.002.00
BrazilBOVESPA 21150.00100.002.000.002.00
SingaporeSGX 96366.6750.002.500.502.00
Poland GPW 111100.00100.002.000.002.00
CanadaTSX 1411026572.3463.732.260.291.97
BelgiumBRUSSELS 84450.00100.001.750.001.75
Poland GPW 39261366.6750.002.580.961.62
PakistanKSE 24161166.6768.752.440.881.56
GermanyXETRA 88573465.9158.622.330.881.45
SwitzerlandSIX 41322180.4963.642.000.611.39
USPREFERRED 73462163.0145.651.570.331.24
USNYSE 59943623672.7954.131.750.711.04
USFOREX 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
Vietnam HOSE 111100.00100.001.000.001.00
MexicoBMV 1510666.6760.001.801.300.50
SpainIBEX 136446.1566.671.671.330.33
ThailandSET 138261.5425.001.501.250.25
USOTCBB 1000.000.000.000.000.00
ChinaSSE 111100.00100.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
IndonesiaIDX 221100.0050.000.500.500.00
KuwaitKSE 1000.000.000.000.000.00
TaiwanGTSM 221100.0050.000.000.000.00
UKLSE 110100.000.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.000.000.00
Greece ATHENS 53160.0033.330.671.33-0.67
UAEUAE 43175.0033.330.671.67-1.00
DenmarkCOPENHAGEN 32166.6750.003.004.00-1.00
Vietnam HNX 64266.6750.001.002.25-1.25
MexicoBMV 331100.0033.330.332.33-2.00
USWARRANTS 32166.6750.002.504.50-2.00
TurkeyBIST 32166.6750.000.002.50-2.50
JordanASE 42050.000.000.004.00-4.00
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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Disclaimers:

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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