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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 42250.00100.0049.500.0049.50
KuwaitKSE 96266.6733.3332.501.8330.67
PakistanKSE 32166.6750.0026.500.0026.50
ArgentinaBUE 74357.1475.0020.750.5020.25
Saudi ArabiaTADAWUL 34171350.0076.4715.181.1814.00
IndonesiaIDX 128566.6762.5013.751.5012.25
USWARRANTS 54380.0075.0010.750.7510.00
BelgiumBRUSSELS 85462.5080.009.000.009.00
TurkeyBIST 1812966.6775.009.170.678.50
ArgentinaBUE 111100.00100.007.000.007.00
EgyptEGX 2311847.8372.737.180.736.45
UKLSE 221100.0050.005.500.005.50
SwedenSTOCKHOLM 57322056.1462.506.091.035.06
RussiaMICEX 34241470.5958.335.880.835.04
SingaporeSGX 118672.7375.005.750.755.00
BangladeshDSE 40161140.0068.755.500.694.81
IndiaBSE 43326815061.8955.976.221.594.63
TaiwanGTSM 70442262.8650.005.410.914.50
IndiaNSE 27017710465.5658.765.651.294.36
ChinaSZSE 90261335868.0758.315.351.294.06
USNASDAQ 66448427972.8957.644.690.913.78
NetherlandsAMSTERDAM 32221368.7559.094.500.913.59
BrazilBOVESPA 26171065.3858.824.180.713.47
South KoreaKRX 2161367962.9658.094.280.843.44
MalaysiaBURSA 2113861.9061.544.230.923.31
South KoreaKOSDAQ 2441558963.5257.424.491.423.07
USAMEX 85593569.4159.323.680.643.03
FOREXFOREX 32266.67100.003.000.003.00
PakistanKSE 64482575.0052.084.151.192.96
JapanTOKYO 52135520068.1456.343.991.042.95
The World 79275383302867.9756.204.051.132.92
ItalyBORSA 121794965.2962.033.270.422.85
Hong KongHKEX 2031336265.5246.624.601.942.66
ChinaSSE 67745425067.0655.073.761.172.60
USOTC PINK 40625913564.7851.334.622.032.59
UKLSE 36225415070.1759.063.370.872.51
NorwayOSE 108580.0062.502.630.252.38
PhilippinesPSE 108580.0062.502.500.132.38
NorwayOSE 111100.00100.002.000.002.00
TaiwanTWSE 75483264.0066.672.730.961.77
CanadaTSX 2081317662.9858.022.230.491.74
IsraelTASE 40291672.5055.173.101.411.69
FrancePARIS 97734275.2657.532.320.701.62
Poland GPW 45281362.2246.432.821.211.61
MexicoBMV 34251573.5360.002.561.121.44
GermanyXETRA 22216810975.6864.882.030.691.34
Vietnam HOSE 30191163.3357.892.681.471.21
USNYSE 82560631573.4551.982.331.131.20
Vietnam HOSE 111100.00100.001.000.001.00
Poland GPW 332100.0066.671.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
USPREFERRED 97652567.0138.461.920.950.97
AustraliaASX 93683473.1250.001.680.940.74
SwitzerlandSIX 64502778.1354.001.440.820.62
UAEUAE 65383.3360.001.801.400.40
AustraliaASX 43275.0066.670.670.330.33
CanadaTSX-V 882100.0025.004.754.500.25
USFOREX 111100.00100.000.000.000.00
USOTCBB 1000.000.000.000.000.00
TaiwanGTSM 31033.330.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
JapanFUKUOKA 1000.000.000.000.000.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
Greece ATHENS 64166.6725.002.502.500.00
BrazilBOVESPA 43175.0033.330.670.670.00
DenmarkCOPENHAGEN 87387.5042.861.431.57-0.14
Austria WIENERBORSE 773100.0042.860.861.00-0.14
SpainIBEX 29191065.5252.631.421.68-0.26
QatarQE 1911457.8936.360.821.09-0.27
JordanASE 63150.0033.332.332.67-0.33
ThailandSET 2718666.6733.331.441.94-0.50
JapanTOKYO 110100.000.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
PortugalLISBON 43075.000.000.001.00-1.00
TurkeyBIST 64366.6775.000.251.25-1.00
Vietnam HNX 105150.0020.000.601.80-1.20
Hong KongHKEX 110100.000.000.002.00-2.00
JapanNAGOYA 21050.000.000.008.00-8.00
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

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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