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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 111100.00100.0028.000.0028.00
KuwaitKSE 75171.4320.0026.002.2023.80
ArgentinaBUE 64266.6750.0017.251.2516.00
IndonesiaIDX 119781.8277.7813.560.3313.22
Saudi ArabiaTADAWUL 30141146.6778.5712.790.2912.50
MalaysiaBURSA 2311847.8372.738.730.278.45
ArgentinaBUE 111100.00100.007.000.007.00
TurkeyBIST 139669.2366.678.331.337.00
BelgiumBRUSSELS 138561.5462.506.380.256.13
SingaporeSGX 105350.0060.006.400.605.80
TaiwanGTSM 63402263.4955.006.580.885.70
SwedenSTOCKHOLM 59372562.7167.575.700.705.00
IndiaNSE 32521812567.0857.346.341.394.95
EgyptEGX 24141058.3371.435.710.934.79
BrazilBOVESPA 48352272.9262.864.540.464.09
RussiaMICEX 37231262.1652.175.091.173.91
IndiaBSE 46230316065.5852.815.481.753.73
Austria WIENERBORSE 19161384.2181.253.940.253.69
ItalyBORSA 140956167.8664.214.010.453.56
USNASDAQ 72649027767.4956.534.261.133.12
South KoreaKRX 2491589163.4557.593.750.822.92
South KoreaKOSDAQ 2681759765.3055.434.171.352.82
USAMEX 89603367.4255.003.630.822.82
ChinaSZSE 95462334765.3055.704.251.462.79
JapanTOKYO 49934819669.7456.323.710.982.73
Vietnam HOSE 27171062.9658.823.711.062.65
IsraelTASE 41291770.7358.623.591.032.55
The World 84715755317867.9555.213.611.122.48
NetherlandsAMSTERDAM 31221470.9763.643.360.912.45
ChinaSSE 76650126965.4053.693.651.212.44
UKLSE 38025615067.3758.593.170.892.29
FrancePARIS 99714471.7261.972.660.612.06
Poland GPW 111100.00100.002.000.002.00
TaiwanTWSE 88523159.0959.622.981.081.90
PhilippinesPSE 117463.6457.142.000.141.86
BangladeshDSE 49241248.9850.002.670.961.71
Hong KongHKEX 2111315562.0941.983.732.031.70
CanadaTSX 2291518665.9456.952.290.681.62
PortugalLISBON 64266.6750.002.000.501.50
USNYSE 91568736375.0852.842.210.871.33
SwitzerlandSIX 83654278.3164.621.850.541.31
Poland GPW 41271465.8551.852.521.221.30
USOTC PINK 34722210764.2747.983.322.031.29
MexicoBMV 33231669.7069.572.090.831.26
AustraliaASX 102713969.6154.932.060.801.25
NorwayOSE 1513786.6753.852.381.311.08
Vietnam HOSE 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
CanadaTSX 111100.00100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
ThailandSET 2214663.6442.862.141.210.93
QatarQE 1915778.9546.671.931.070.87
PakistanKSE 61441972.1343.182.111.250.86
GermanyXETRA 21216710378.7761.681.720.940.78
BrazilBOVESPA 32166.6750.001.000.500.50
USPREFERRED 100722572.0034.721.280.820.46
UAEUAE 76485.7166.671.501.170.33
USOTCBB 1000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
CanadaCSE 2000.000.000.000.000.00
TaiwanGTSM 21050.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
PakistanKSE 21050.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
DenmarkCOPENHAGEN 87487.5057.141.431.57-0.14
JordanASE 73142.8633.332.332.67-0.33
SpainIBEX 2617865.3847.061.411.94-0.53
PhilippinesPSE 110100.000.000.001.00-1.00
Greece ATHENS 129475.0044.440.561.78-1.22
TurkeyBIST 53260.0066.670.331.67-1.33
Vietnam HNX 65183.3320.000.602.00-1.40
CanadaTSX-V 86275.0033.330.503.33-2.83
JapanNAGOYA 110100.000.000.008.00-8.00
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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