BULLISH THREE OUTSIDE UP
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 OUTSIDE UP
Definition
This is a confirmed Bullish Engulfing pattern. The first two candlesticks are exactly the same as the Bullish Engulfing pattern and the third day represents its confirmation.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. We see a Bullish Engulfing pattern in the first two days.
3. Then, we see a white candlestick on the third day with a higher close than the second day.
Pattern Requirements and Flexibility
A Bullish Engulfing pattern should be identified with all previously set rules. The third day should be a white day with a higher close.
Trader’s Behavior
The first two days of the Bullish Three Outside Up is simply a Bullish Engulfing Pattern, and the third day confirms that the downtrend is damaged as suggested by this pattern, since it is a white candlestick closing with a new high for the last three days. However, for a bullish reversal, there is still a need for a further confirmation.
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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
The World 35976235881209366.5550.5116.021.0514.98
TurkeyBIST 26818912870.5267.729.020.658.37
Vietnam HNX 157945859.8761.708.811.137.69
USOTC PINK 98654924759.1342.3711.553.957.60
IndonesiaIDX 51432215362.6547.527.791.546.25
ArgentinaBUE 96684872.9268.576.930.776.16
CanadaCSE 118512343.2245.109.683.935.75
OmanMSM 139769.2377.786.000.445.56
IndiaBSE 89960834367.7456.326.131.314.83
MalaysiaBURSA 69337817754.5546.836.151.904.25
IndiaNSE 62538421961.6056.885.090.924.17
Hong KongHKEX 105160426657.4744.045.862.043.82
Poland GPW 42426414262.7453.385.141.603.55
CanadaTSX-V 3541888653.1145.747.113.833.27
USNASDAQ 1894128861968.1147.984.491.433.06
KuwaitKSE 102663264.7148.483.880.952.94
TurkeyBIST 32241775.0070.833.000.132.88
Vietnam HOSE 2561699766.0257.403.690.852.84
UKLSE 102070739169.3155.303.730.962.77
IsraelTASE 47635320274.3757.063.670.932.73
South KoreaKOSDAQ 139792446666.1450.433.721.122.60
ThailandSET 47627912358.6144.093.871.342.53
Greece ATHENS 107724067.2955.563.541.042.50
Saudi ArabiaTADAWUL 1621057064.8166.672.900.432.47
SwedenSTOCKHOLM 65940519761.4648.644.031.602.43
ChileBCS 38241463.1658.332.890.532.36
TaiwanTWSE 70546825266.3853.852.920.592.32
SpainIBEX 83552666.2747.273.311.052.26
EgyptEGX 59422471.1957.143.090.852.24
NorwayOSE 144803555.5643.753.631.412.22
JapanNAGOYA 36251069.4440.003.080.942.14
ArgentinaBUE 41332380.4969.702.180.092.09
JapanTOKYO 2626178089167.7850.063.010.992.02
AustraliaASX 61336415759.3843.134.102.111.99
ChinaSZSE 2708177890065.6650.622.941.021.92
ChinaSSE 2390154482264.6053.242.820.921.90
PakistanKSE 128884268.7547.733.691.791.90
BangladeshDSE 156924858.9752.172.840.981.87
PortugalLISBON 159560.0055.562.270.411.86
BrazilBOVESPA 47732115867.3049.222.690.841.85
TaiwanGTSM 60639720565.5151.642.730.891.85
JordanASE 65391960.0048.723.972.151.82
USAMEX 34125012273.3148.802.460.751.71
CanadaTSX 78252026466.5050.772.440.731.71
FrancePARIS 46831014666.2447.102.400.791.62
South KoreaKRX 99569635969.9551.582.470.881.60
PhilippinesPSE 150783852.0048.722.661.081.58
IndiaNSE 47351774.4748.571.510.171.34
RussiaMICEX 96713773.9652.111.590.411.18
DenmarkCOPENHAGEN 62492179.0342.862.411.241.17
SingaporeSGX 123663053.6645.452.631.521.11
USNYSE 1829129762670.9148.271.730.661.07
UAEUAE 56361764.2947.221.990.991.00
CanadaTSX 61362859.0277.781.220.221.00
GermanyXETRA 78658430174.3051.541.450.470.98
Poland GPW 75614081.3365.571.080.110.97
BelgiumBRUSSELS 49281057.1435.712.191.230.96
BrazilBOVESPA 39321982.0559.381.310.380.94
MexicoBMV 46311667.3951.611.100.230.87
QatarQE 51352068.6357.141.280.430.84
AustraliaASX 47321668.0950.000.910.130.78
ChileBCS 65422764.6264.290.880.170.71
JapanFUKUOKA 64266.6750.001.300.610.69
NorwayOSE 63412165.0851.220.930.270.66
JapanTOKYO 61402865.5770.000.980.330.65
PakistanKSE 62482577.4252.080.880.230.65
Greece ATHENS 51392276.4756.410.820.180.64
IsraelTASE 63452471.4353.330.820.200.62
PortugalLISBON 52382073.0852.630.820.210.61
UKLSE 72543175.0057.410.800.200.59
NetherlandsAMSTERDAM 54422377.7854.760.740.170.57
ThailandSET 67462468.6652.170.740.170.57
TaiwanGTSM 46341473.9141.180.790.240.56
Vietnam HOSE 60452375.0051.110.730.180.56
Austria WIENERBORSE 49371975.5151.350.760.220.54
ItalyBORSA 54422277.7852.380.710.190.52
FrancePARIS 54422277.7852.380.710.190.52
GermanyXETRA 53422279.2552.380.710.190.52
ItalyBORSA 59242318171.4542.791.010.510.50
SpainIBEX 60422270.0052.380.710.210.50
BangladeshDSE 44351379.5537.140.710.230.49
BelgiumBRUSSELS 53412277.3653.660.630.170.46
DenmarkCOPENHAGEN 65502776.9254.000.580.220.36
FOREXFOREX 90633070.0047.620.670.320.35
USFOREX 97663168.0446.970.470.140.33
IndonesiaIDX 42271564.2955.560.780.440.33
PhilippinesPSE 73462363.0150.000.610.280.33
ChinaSSE 57432175.4448.840.490.160.33
MalaysiaBURSA 58411970.6946.340.560.290.27
UAEUAE 86612770.9344.260.460.200.26
SingaporeSGX 88653373.8650.770.380.150.23
Hong KongHKEX 81672782.7240.300.450.240.21
MexicoBMV 88542561.3646.301.581.400.18
SwitzerlandSIX 1611245377.0242.740.890.750.14
SwedenSTOCKHOLM 67492573.1351.020.370.240.12
South KoreaKOSDAQ 74552674.3247.270.400.350.05
NetherlandsAMSTERDAM 1351004674.0746.000.770.740.04
USWARRANTS 330060.610.000.000.000.00
USPREFERRED 2570072.370.000.000.000.00
RussiaMICEX 1570065.610.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
SwitzerlandSIX 67431864.1841.860.280.40-0.12
Austria WIENERBORSE 43341779.0750.001.201.40-0.20
USOTCBB 53260.0066.675.005.33-0.33
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

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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