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 85162.5020.0026.002.2023.80
ArgentinaBUE 53260.0066.6723.000.6722.33
USWARRANTS 32266.67100.0014.000.0014.00
Saudi ArabiaTADAWUL 33161248.4875.0013.631.2512.38
IndonesiaIDX 129675.0066.6713.001.3311.67
BelgiumBRUSSELS 85462.5080.009.000.009.00
TurkeyBIST 1410771.4370.008.600.807.80
ArgentinaBUE 111100.00100.007.000.007.00
EgyptEGX 209745.0077.787.560.567.00
SwedenSTOCKHOLM 51292056.8668.976.550.905.66
RussiaMICEX 31221370.9759.096.230.825.41
SingaporeSGX 118672.7375.005.750.755.00
BangladeshDSE 39161141.0368.755.500.694.81
TaiwanGTSM 61361759.0247.225.421.034.39
ChinaSZSE 83657133668.3058.845.501.294.21
IndiaNSE 26617210264.6659.305.201.343.86
NorwayOSE 96466.6766.674.170.333.83
USNASDAQ 64846626871.9157.514.680.923.76
IndiaBSE 40624713660.8455.065.241.623.62
South KoreaKRX 2161357962.5058.524.260.823.44
Hong KongHKEX 1881226164.8950.005.071.773.30
BrazilBOVESPA 27181066.6755.563.940.673.28
MalaysiaBURSA 2214863.6457.144.000.933.07
JapanTOKYO 48432918367.9855.624.091.043.05
South KoreaKOSDAQ 2381478461.7657.144.371.422.95
ItalyBORSA 110714464.5561.973.350.452.90
The World 76035151287167.8055.693.811.102.71
ChinaSSE 63642523666.8255.533.781.182.60
UKLSE 34523213367.2557.333.360.922.44
PhilippinesPSE 108580.0062.502.500.132.38
USAMEX 87573365.5257.893.180.822.35
IsraelTASE 34241470.5958.333.461.252.21
USOTC PINK 36022811564.1749.784.001.932.07
NetherlandsAMSTERDAM 29201168.9755.003.051.002.05
Poland GPW 111100.00100.002.000.002.00
CanadaTSX 1991226861.3155.742.180.491.69
PakistanKSE 64482475.0050.002.941.251.69
TaiwanTWSE 71442861.9763.642.611.051.57
FrancePARIS 89653673.0355.382.250.691.55
Austria WIENERBORSE 18161188.8968.752.000.631.38
Vietnam HOSE 111100.00100.001.000.001.00
MexicoBMV 29201168.9755.002.101.101.00
MalaysiaBURSA 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
AustraliaASX 32266.67100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
USNYSE 80759530473.8551.012.041.060.98
Vietnam HOSE 2818964.2950.002.561.610.94
USPREFERRED 88612269.3236.071.610.690.92
GermanyXETRA 20715610075.3664.101.530.710.82
SwitzerlandSIX 57462780.7058.701.570.780.78
AustraliaASX 88633171.5949.211.710.940.78
Poland GPW 42261161.9042.311.731.270.46
ThailandSET 2617765.3841.182.061.710.35
Greece ATHENS 117363.6442.862.001.710.29
USOTCBB 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
PakistanKSE 21050.000.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
TaiwanGTSM 31033.330.000.000.000.00
UKLSE 110100.000.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
BrazilBOVESPA 43175.0033.330.670.670.00
JapanFUKUOKA 1000.000.000.000.000.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
QatarQE 1811461.1136.360.821.09-0.27
SpainIBEX 2618969.2350.001.501.78-0.28
JordanASE 73142.8633.332.332.67-0.33
PortugalLISBON 43075.000.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
DenmarkCOPENHAGEN 76285.7133.330.671.83-1.17
Vietnam HNX 85162.5020.000.601.80-1.20
UAEUAE 54280.0050.000.501.75-1.25
TurkeyBIST 53260.0066.670.331.67-1.33
Hong KongHKEX 110100.000.000.002.00-2.00
CanadaTSX-V 771100.0014.290.295.14-4.86
JapanNAGOYA 32066.670.000.005.50-5.50
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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