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.
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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
PakistanKSE 32166.6750.0026.500.0026.50
RussiaMICEX 32166.6750.0015.001.0014.00
IndiaNSE 111100.00100.0011.000.0011.00
ArgentinaBUE 111100.00100.
UKLSE 32166.6750.005.500.005.50
BangladeshDSE 222100.00100.
FOREXFOREX 42250.00100.
Poland GPW 54380.0075.
NorwayOSE 21150.00100.
TurkeyBIST 119681.8266.671.890.781.11
Vietnam HOSE 111100.00100.
IndonesiaIDX 111100.00100.
SwitzerlandSIX 222100.00100.
CanadaTSX 111100.00100.
IsraelTASE 222100.00100.
MalaysiaBURSA 111100.00100.
PhilippinesPSE 332100.0066.671.000.330.67
SwedenSTOCKHOLM 32266.67100.000.500.000.50
AustraliaASX 43275.0066.670.670.330.33
MexicoBMV 53260.0066.670.670.330.33
USAMEX 1141168.421.
The World 97731086966.901.
RussiaMICEX 340058.820.
UKLSE 4110067.
TaiwanGTSM 640071.880.
TaiwanTWSE 910054.950.
TaiwanGTSM 41025.
TurkeyBIST 300053.330.
PakistanKSE 700075.710.
PortugalLISBON 60066.670.
Poland GPW 370067.570.
ThailandSET 220063.640.
ThailandSET 111100.00100.
SingaporeSGX 20050.
SingaporeSGX 3000.
SwedenSTOCKHOLM 660066.670.
UAEUAE 90088.890.
Saudi ArabiaTADAWUL 370070.
QatarQE 110054.550.
KuwaitKSE 170058.820.
EgyptEGX 150066.670.
JordanASE 50040.
South KoreaKOSDAQ 2830060.420.
South KoreaKRX 2010063.
South KoreaKOSDAQ 1000.
JapanTOKYO 5770065.340.
NorwayOSE 260050.
PhilippinesPSE 90077.780.
NetherlandsAMSTERDAM 660071.
MalaysiaBURSA 190063.
MexicoBMV 440061.360.
AustraliaASX 1010068.320.
Austria WIENERBORSE 450071.
ArgentinaBUE 210076.
CanadaCSE 90044.440.
CanadaTSX-V 110063.640.
BrazilBOVESPA 53160.0033.330.670.670.00
BrazilBOVESPA 600061.670.
BelgiumBRUSSELS 60066.670.
Greece ATHENS 130046.
FrancePARIS 1340068.660.
SpainIBEX 370070.
DenmarkCOPENHAGEN 1000.
DenmarkCOPENHAGEN 110072.730.
GermanyXETRA 4000069.500.
ChinaSZSE 11350067.400.
ChinaSSE 8000069.880.
ChinaSSE 111100.00100.
ChileBCS 400100.
ItalyBORSA 2040065.
IndiaNSE 2190064.840.
JapanNAGOYA 2000.
JapanFUKUOKA 1000.
IndiaBSE 4200061.430.
IsraelTASE 460080.430.
SwitzerlandSIX 860067.440.
IndonesiaIDX 210057.
CanadaTSX 2110066.350.
BangladeshDSE 310054.840.
USPREFERRED 1020066.670.
USOTC PINK 3800067.
USNYSE 8720068.
USNASDAQ 8890061.530.
Vietnam HOSE 390053.850.
Vietnam HNX 70028.570.
Hong KongHKEX 1920065.
USFOREX 32166.6750.000.000.50-0.50
JapanTOKYO 110100.
Hong KongHKEX 220100.
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


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