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
KuwaitKSE 85162.5020.0026.002.2023.80
ArgentinaBUE 53260.0066.6723.000.6722.33
Saudi ArabiaTADAWUL 32151146.8873.3313.871.3312.53
IndonesiaIDX 118572.7362.5013.751.5012.25
CanadaCSE 41125.00100.0011.000.0011.00
USWARRANTS 54380.0075.0010.750.7510.00
BelgiumBRUSSELS 85462.5080.009.000.009.00
TurkeyBIST 1511873.3372.738.180.737.45
ArgentinaBUE 111100.00100.007.000.007.00
SwedenSTOCKHOLM 54302155.5670.006.900.876.03
EgyptEGX 2110747.6270.006.800.806.00
RussiaMICEX 32231371.8856.525.960.875.09
SingaporeSGX 118672.7375.005.750.755.00
BangladeshDSE 39161141.0368.755.500.694.81
IndiaBSE 42026214962.3856.876.331.574.76
TaiwanGTSM 64391960.9448.725.180.954.23
ChinaSZSE 88059935068.0758.435.401.294.11
IndiaNSE 26617310265.0458.965.431.354.09
USNASDAQ 65046927272.1558.004.760.923.84
NetherlandsAMSTERDAM 31221370.9759.094.500.913.59
BrazilBOVESPA 26171065.3858.824.180.713.47
South KoreaKRX 2181377962.8457.664.200.833.36
MalaysiaBURSA 2214963.6464.294.070.863.21
South KoreaKOSDAQ 2431518662.9656.214.551.423.12
JapanTOKYO 50634219267.5956.144.051.043.01
FOREXFOREX 32266.67100.003.000.003.00
ItalyBORSA 117774865.8162.343.310.422.90
The World 77595256295667.8456.164.011.122.88
UKLSE 35524514469.8658.063.580.852.73
Hong KongHKEX 2011316165.6746.214.611.942.67
USAMEX 86583367.4456.903.410.812.60
ChinaSSE 66044224366.9754.983.761.162.60
PakistanKSE 62462474.1952.173.761.222.54
USOTC PINK 36923912465.3151.454.592.092.50
NorwayOSE 97477.7857.142.710.292.43
PhilippinesPSE 108580.0062.502.500.132.38
IsraelTASE 37261470.2753.853.191.311.88
TaiwanTWSE 73473164.3865.962.720.981.74
Poland GPW 43271362.7948.152.931.221.70
CanadaTSX 2031267362.0757.942.170.481.69
FrancePARIS 97734275.2657.532.370.681.68
UKLSE 221100.0050.001.500.001.50
GermanyXETRA 22016510775.0064.852.070.691.38
Vietnam HOSE 29181062.0755.562.891.561.33
USNYSE 82160431673.5752.322.381.111.28
Austria WIENERBORSE 19171189.4764.711.880.711.18
MexicoBMV 30211270.0057.142.191.051.14
Vietnam HOSE 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
Poland GPW 332100.0066.671.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
SwitzerlandSIX 61472777.0557.451.530.770.77
AustraliaASX 93683473.1250.001.680.930.75
AustraliaASX 43275.0066.670.670.000.67
USPREFERRED 92622167.3933.871.521.050.47
UAEUAE 65383.3360.001.801.400.40
ThailandSET 2617765.3841.182.061.710.35
Greece ATHENS 117363.6442.862.001.710.29
CanadaTSX-V 98288.8925.004.754.500.25
USFOREX 111100.00100.000.000.000.00
USOTCBB 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
RussiaMICEX 1000.000.000.000.000.00
PakistanKSE 21050.000.000.000.000.00
TaiwanGTSM 31033.330.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
BrazilBOVESPA 43175.0033.330.670.670.00
SpainIBEX 27191170.3757.891.421.68-0.26
QatarQE 1911457.8936.360.821.09-0.27
JordanASE 73142.8633.332.332.67-0.33
JapanTOKYO 110100.000.000.001.00-1.00
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
TurkeyBIST 53260.0066.670.331.67-1.33
Hong KongHKEX 110100.000.000.002.00-2.00
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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