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.
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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
ArgentinaBUE 221100.0050.0021.501.0020.50
Saudi ArabiaTADAWUL 1810955.5690.0016.500.1016.40
IndiaNSE 1831308271.0463.088.480.987.50
MalaysiaBURSA 116454.5566.676.830.006.83
Austria WIENERBORSE 108780.0087.507.000.256.75
RussiaMICEX 2514656.0042.867.500.866.64
SwedenSTOCKHOLM 35201357.1465.007.250.656.60
NorwayOSE 119781.8277.786.440.895.56
IndiaBSE 26517510466.0459.437.041.495.55
IsraelTASE 27201274.0760.006.200.905.30
AustraliaASX 40291772.5058.625.860.725.14
TaiwanGTSM 34231567.6565.225.610.525.09
IndonesiaIDX 555100.00100.
South KoreaKRX 146966265.7564.585.440.514.93
South KoreaKOSDAQ 134936269.4066.675.581.304.28
Hong KongHKEX 113703561.9550.005.811.564.26
BrazilBOVESPA 39272069.2374.
ChinaSZSE 46629118962.4564.955.011.043.97
UKLSE 2021268162.3864.294.690.823.87
ItalyBORSA 75482964.0060.424.230.423.81
ChinaSSE 41327016665.3861.484.760.983.78
USAMEX 60362460.0066.674.470.723.75
TaiwanTWSE 52302057.6966.673.970.433.53
The World 46153071187466.5461.024.280.903.38
EgyptEGX 136446.1566.674.331.173.17
USOTC PINK 148944863.5151.064.691.633.06
JapanTOKYO 24617810772.3660.113.880.833.05
CanadaTSX-V 111100.00100.
USNASDAQ 43027016962.7962.593.901.102.80
SingaporeSGX 95355.5660.003.000.402.60
FrancePARIS 46362178.2658.333.110.782.33
CanadaTSX 1491016567.7964.362.700.392.32
QatarQE 1412685.7150.002.750.672.08
UAEUAE 43275.0066.673.001.002.00
PortugalLISBON 53260.0066.673.331.332.00
USNYSE 58440723769.6958.232.220.661.56
GermanyXETRA 82633876.8360.322.290.811.48
SwitzerlandSIX 46322269.5768.752.000.631.38
TurkeyBIST 332100.0066.673.001.671.33
NetherlandsAMSTERDAM 118572.7362.502.130.881.25
USPREFERRED 71442061.9745.451.570.391.18
SpainIBEX 127558.3371.432.291.141.14
USAMEX 111100.00100.
USOTCBB 21150.00100.
BelgiumBRUSSELS 105350.0060.
TurkeyBIST 54280.0050.001.751.250.50
MexicoBMV 1612875.0066.671.501.170.33
DenmarkCOPENHAGEN 43275.0066.672.332.67-0.33
Greece ATHENS 63150.0033.330.671.33-0.67
JordanASE 31033.330.000.002.00-2.00
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
About Us
Important Links


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.