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 1/1/2014
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Saudi ArabiaTADAWUL 137753.85100.0025.710.0025.71
ArgentinaBUE 32166.6750.0021.501.0020.50
NorwayOSE 43375.00100.0013.000.0013.00
EgyptEGX 94344.4475.0011.750.5011.25
Greece ATHENS 31133.33100.0010.000.0010.00
RussiaMICEX 1911857.8972.739.820.279.55
TurkeyBIST 554100.0080.009.200.209.00
BangladeshDSE 167643.7585.718.710.298.43
SwedenSTOCKHOLM 2613750.0053.859.311.088.23
ChileBCS 111100.00100.007.000.007.00
MalaysiaBURSA 107570.0071.436.860.146.71
Hong KongHKEX 103714568.9363.387.311.046.27
South KoreaKRX 111745267.5769.336.570.456.12
IsraelTASE 2216972.7356.256.811.315.50
IndiaNSE 111784870.2761.546.401.135.27
AustraliaASX 34241470.5958.335.580.545.04
IndonesiaIDX 444100.00100.005.000.005.00
RussiaMICEX 96666.67100.004.670.004.67
South KoreaKOSDAQ 108685162.9675.005.841.344.50
Austria WIENERBORSE 65483.3380.004.800.404.40
ChinaSZSE 38925015864.2763.205.130.964.18
IndiaBSE 1871157061.5060.875.331.334.00
JapanTOKYO 2311629970.1361.114.830.833.99
USNASDAQ 44032119373.1859.944.570.673.90
PhilippinesPSE 86675.00100.003.830.003.83
TaiwanGTSM 40261565.0057.694.190.583.62
ChinaSSE 33821614163.9165.284.631.083.54
SingaporeSGX 75471.4380.003.800.403.40
The World 40362733166967.8460.964.100.833.28
USAMEX 56362464.2966.674.060.813.25
TaiwanTWSE 35211760.0080.953.430.193.24
UKLSE 1751177166.8660.684.241.013.23
BrazilBOVESPA 1911957.8981.822.820.092.73
USOTC PINK 133874966.9255.063.751.182.57
PakistanKSE 25181272.0066.673.330.892.44
CanadaTSX 130795260.7765.822.730.412.33
ItalyBORSA 57341959.6555.882.760.472.29
USPREFERRED 56341660.7147.062.530.292.24
Poland GPW 28161057.1462.502.750.562.19
BrazilBOVESPA 21150.00100.002.000.002.00
Poland GPW 111100.00100.002.000.002.00
FrancePARIS 37271572.9755.562.560.781.78
NetherlandsAMSTERDAM 74157.1425.003.251.501.75
USNYSE 49235819172.7653.351.880.701.18
GermanyXETRA 77472762.3456.251.790.651.15
Vietnam HOSE 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
USFOREX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
Vietnam HOSE 108480.0050.002.001.380.63
QatarQE 107370.0042.861.430.860.57
SpainIBEX 117563.6471.431.711.140.57
SwitzerlandSIX 30231376.6756.521.430.910.52
TaiwanGTSM 221100.0050.000.000.000.00
USWARRANTS 1000.000.000.000.000.00
USOTCBB 1000.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
IndonesiaIDX 221100.0050.000.500.500.00
AustraliaASX 1000.000.000.000.000.00
BelgiumBRUSSELS 62233.33100.000.000.000.00
ChinaSSE 111100.00100.000.000.000.00
MexicoBMV 139369.2333.331.221.56-0.33
ThailandSET 1612375.0025.001.421.75-0.33
Vietnam HNX 86375.0050.000.831.83-1.00
MexicoBMV 331100.0033.330.332.33-2.00
TurkeyBIST 32166.6750.000.002.50-2.50
UAEUAE 32066.670.000.002.50-2.50
JapanNAGOYA 110100.000.000.003.00-3.00
DenmarkCOPENHAGEN 32066.670.000.004.00-4.00
JordanASE 42050.000.000.004.00-4.00
CanadaTSX-V 221100.0050.001.005.50-4.50
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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