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
CanadaCSE 31133.33100.0088.000.0088.00
USWARRANTS 21150.00100.0028.000.0028.00
Saudi ArabiaTADAWUL 168750.0087.5020.630.1320.50
ArgentinaBUE 32166.6750.0013.001.0012.00
SingaporeSGX 42150.0050.0011.500.5011.00
BelgiumBRUSSELS 554100.0080.0010.400.0010.40
EgyptEGX 157646.6785.718.000.297.71
ArgentinaBUE 111100.00100.007.000.007.00
MexicoBMV 25181172.0061.116.440.505.94
NorwayOSE 64366.6775.005.500.005.50
TaiwanGTSM 4326960.4734.625.351.194.15
TurkeyBIST 138461.5450.005.251.134.13
USNASDAQ 45331719769.9862.154.581.043.55
IndiaBSE 32120511363.8655.124.591.533.06
IndiaNSE 2001207160.0059.174.371.313.06
Hong KongHKEX 148904460.8148.894.571.672.90
BrazilBOVESPA 1410471.4340.003.801.002.80
NetherlandsAMSTERDAM 23161069.5762.503.630.942.69
Vietnam HOSE 2214963.6464.293.290.712.57
SwedenSTOCKHOLM 30221373.3359.093.591.052.55
South KoreaKOSDAQ 1881135960.1152.213.581.052.52
ChinaSZSE 52135318867.7553.264.001.542.47
South KoreaKRX 147884759.8653.413.270.942.33
JapanTOKYO 32522311768.6252.473.281.132.15
BangladeshDSE 3413738.2453.853.000.922.08
The World 52633586194268.2154.093.201.152.05
Poland GPW 111100.00100.002.000.002.00
ThailandSET 149564.2955.562.330.332.00
IndonesiaIDX 86475.0066.673.001.171.83
ChinaSSE 41226714064.8152.432.941.221.72
ItalyBORSA 91673973.6358.212.330.641.69
USOTC PINK 2361517464.8348.373.672.051.62
CanadaTSX 112744066.0754.052.030.491.54
USAMEX 54381970.3750.002.290.841.45
SpainIBEX 1711764.7163.642.451.091.36
SwitzerlandSIX 39311879.4958.061.610.391.23
USNYSE 56242822976.1653.502.000.931.07
UKLSE 2371789775.1154.492.251.211.04
Vietnam HOSE 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
AustraliaASX 32266.67100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
AustraliaASX 72553076.3954.551.670.710.96
Austria WIENERBORSE 1210783.3370.001.200.300.90
GermanyXETRA 1581278181.0163.281.720.940.78
FrancePARIS 66432265.1551.161.740.980.77
PhilippinesPSE 64266.6750.001.000.250.75
PakistanKSE 51351668.6345.712.061.370.69
IsraelTASE 2315865.2253.331.731.070.67
Greece ATHENS 106460.0066.672.171.500.67
RussiaMICEX 23181178.2661.111.390.830.56
BrazilBOVESPA 32166.6750.001.000.500.50
JordanASE 53260.0066.672.332.000.33
DenmarkCOPENHAGEN 54280.0050.001.000.750.25
USPREFERRED 81611875.3129.510.800.690.11
MalaysiaBURSA 159360.0033.331.111.000.11
TaiwanTWSE 51311660.7851.611.611.550.06
JapanFUKUOKA 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
PakistanKSE 21150.00100.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
TaiwanGTSM 21050.000.000.000.000.00
USOTCBB 1000.000.000.000.000.00
Poland GPW 2918662.0733.331.441.78-0.33
Vietnam HNX 74257.1450.000.501.25-0.75
QatarQE 117263.6428.570.711.86-1.14
TurkeyBIST 53260.0066.670.331.67-1.33
PortugalLISBON 330100.000.000.001.33-1.33
UAEUAE 441100.0025.000.252.25-2.00
KuwaitKSE 53060.000.000.002.33-2.33
CanadaTSX-V 871100.0012.500.254.13-3.88
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.