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 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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
OmanMSM 53360.00100.0013.000.0013.00
JordanASE 30211070.0047.6212.332.1910.14
USWARRANTS 111100.00100.0010.000.0010.00
ArgentinaBUE 27201574.0775.009.250.608.65
PakistanKSE 59372662.7170.277.950.467.49
CanadaCSE 2112557.1441.6714.006.677.33
BangladeshDSE 88553762.5067.277.980.807.18
PhilippinesPSE 61382362.3060.536.610.715.89
EgyptEGX 34241370.5954.176.831.005.83
USOTC PINK 40724212259.4650.418.883.765.12
IndiaNSE 43227918664.8166.435.700.734.98
Hong KongHKEX 80548025259.6352.506.111.144.97
UKLSE 54535822465.6962.575.590.764.83
BrazilBOVESPA 74482764.8656.255.580.794.79
USAMEX 111795171.1764.565.300.714.59
NorwayOSE 57402070.1850.005.301.004.30
RussiaMICEX 115834672.1755.424.990.704.29
IndiaBSE 50034819769.6056.615.101.034.08
Vietnam HNX 78462858.9760.875.521.803.72
BelgiumBRUSSELS 40191047.5052.634.000.323.68
SwedenSTOCKHOLM 1931196761.6656.304.510.973.54
TurkeyBIST 77472861.0459.573.980.453.53
CanadaTSX-V 149742949.6639.197.283.763.53
South KoreaKOSDAQ 49531318763.2359.744.150.773.38
IndonesiaIDX 96603062.5050.
ThailandSET 2071416668.1246.813.990.993.01
TaiwanGTSM 2601549459.2361.043.490.532.97
ChinaSZSE 114283553373.1263.833.510.722.79
USNASDAQ 83157132768.7157.273.710.922.79
Vietnam HOSE 124784862.9061.543.540.792.74
IsraelTASE 87574165.5271.933.300.562.74
Poland GPW 132794259.8553.164.722.002.72
The World 1594810763623467.5057.913.490.832.66
ChileBCS 53382671.7068.423.130.472.66
ChinaSSE 98873447574.2964.713.100.562.54
JapanTOKYO 120279346265.9758.263.150.672.48
PortugalLISBON 119481.8244.443.220.892.33
South KoreaKRX 44628017062.7860.712.820.532.29
TaiwanTWSE 33522112065.9754.302.500.462.04
TurkeyBIST 109790.0077.782.000.002.00
MexicoBMV 37281675.6857.142.460.541.93
ItalyBORSA 1881479078.1961.222.560.671.90
AustraliaASX 96366.6750.
SingaporeSGX 96583160.4253.453.902.121.78
Greece ATHENS 22151068.1866.672.871.131.73
RussiaMICEX 25141056.0071.432.000.361.64
South KoreaKOSDAQ 16101062.50100.001.600.001.60
FrancePARIS 27319211170.3357.812.150.591.56
Austria WIENERBORSE 452125.0040.001.600.201.40
MexicoBMV 85462.5080.001.800.401.40
PortugalLISBON 1611768.7563.641.640.271.36
Poland GPW 25201680.0080.001.400.051.35
Saudi ArabiaTADAWUL 59402167.8052.502.150.831.33
GermanyXETRA 24718410274.4955.431.680.401.28
JapanTOKYO 24161266.6775.
PhilippinesPSE 19141073.6871.431.360.141.21
IsraelTASE 138661.5475.001.380.251.13
NorwayOSE 1610562.5050.
SpainIBEX 46311867.3958.061.940.871.06
CanadaTSX 43227814164.3550.721.740.711.03
MalaysiaBURSA 2721626759.5641.362.421.411.01
Vietnam HOSE 2113861.9061.541.080.081.00
USNYSE 99471638672.0353.911.510.550.96
FOREXFOREX 24161066.6762.501.000.060.94
NetherlandsAMSTERDAM 1612775.0058.331.170.250.92
BelgiumBRUSSELS 1612775.0058.331.170.250.92
SpainIBEX 1711664.7154.551.180.270.91
Greece ATHENS 1511773.3363.641.180.270.91
FrancePARIS 1511673.3354.551.180.270.91
Austria WIENERBORSE 1511673.3354.551.180.270.91
ItalyBORSA 1511673.3354.551.180.270.91
ThailandSET 1610462.5040.
IndiaNSE 23171073.9158.820.940.060.88
GermanyXETRA 1612675.0050.
NetherlandsAMSTERDAM 52291355.7744.831.170.380.79
PakistanKSE 2218981.8250.000.890.110.78
SwitzerlandSIX 110723765.4551.391.190.470.72
IndonesiaIDX 20141070.0071.430.790.070.71
DenmarkCOPENHAGEN 35271077.1437.041.480.780.70
DenmarkCOPENHAGEN 1210783.3370.000.700.000.70
SingaporeSGX 1715888.2453.330.800.130.67
BangladeshDSE 149564.2955.560.890.220.67
UKLSE 148757.1487.500.630.000.63
ArgentinaBUE 1712970.5975.000.830.250.58
BrazilBOVESPA 109490.0044.441.330.780.56
ChileBCS 1412685.7150.000.670.170.50
UAEUAE 36251469.4456.000.640.200.44
Hong KongHKEX 2821875.0038.100.760.330.43
USFOREX 38251365.7952.000.440.080.36
JapanNAGOYA 1712670.5950.001.671.330.33
CanadaTSX 2013865.0061.540.770.460.31
QatarQE 1910452.6340.000.700.400.30
SwedenSTOCKHOLM 1715788.2446.670.470.270.20
MalaysiaBURSA 1410571.4350.000.600.400.20
ChinaSSE 2116676.1937.500.380.190.19
USPREFERRED 1711376380.1245.990.450.260.18
AustraliaASX 2461506660.9844.
JapanSAPPORO 1000.
TaiwanGTSM 84150.0025.000.500.75-0.25
SwitzerlandSIX 1610462.5040.000.200.50-0.30
USOTCBB 53260.0066.675.005.33-0.33
PeruBVL 149364.2933.330.561.00-0.44
KuwaitKSE 3415644.1240.001.872.33-0.47
UAEUAE 2411645.8354.550.551.09-0.55
JapanFUKUOKA 21050.
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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