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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
PakistanKSE 32166.6750.0026.500.0026.50
KuwaitKSE 148257.1425.0024.382.0022.38
PhilippinesPSE 86375.0050.0014.170.1714.00
USWARRANTS 139569.2355.5615.112.3312.78
TurkeyBIST 24141258.3385.7112.570.4312.14
IndonesiaIDX 147250.0028.5714.142.2911.86
IndiaNSE 111100.00100.0011.000.0011.00
SingaporeSGX 32166.6750.0011.501.5010.00
BelgiumBRUSSELS 65583.33100.009.800.009.80
ArgentinaBUE 159760.0077.7810.110.339.78
ArgentinaBUE 111100.00100.
IndiaBSE 44526915760.4558.368.111.486.63
BangladeshDSE 38201252.6360.007.250.706.55
MexicoBMV 46322169.5765.637.561.316.25
TaiwanGTSM 62392162.9053.856.460.905.56
UKLSE 221100.0050.005.500.005.50
Saudi ArabiaTADAWUL 31171054.8458.826.881.595.29
CanadaTSX-V 129483.3340.008.102.905.20
FOREXFOREX 73342.86100.004.670.004.67
PortugalLISBON 32166.6750.005.000.504.50
USOTC PINK 40626914066.7551.666.462.154.31
EgyptEGX 22161372.7381.254.750.444.31
IndiaNSE 2391449060.2562.505.231.034.19
SwedenSTOCKHOLM 64412564.0660.984.880.903.98
BrazilBOVESPA 53311758.4954.844.971.233.74
Hong KongHKEX 1971286564.9750.785.141.683.46
USNASDAQ 78750229963.7959.564.401.093.32
DenmarkCOPENHAGEN 118672.7375.003.630.383.25
PakistanKSE 60472078.3342.554.511.453.06
NetherlandsAMSTERDAM 49372575.5167.573.460.682.78
The World 95086383361067.2256.493.801.062.74
ChinaSZSE 125285045267.8953.183.971.242.73
Vietnam HOSE 33201460.6170.003.751.102.65
RussiaMICEX 27191374.0765.003.400.752.65
South KoreaKOSDAQ 28418110263.7356.353.741.102.64
ChinaSSE 86057034466.4060.253.390.842.56
CanadaCSE 95355.5660.004.802.402.40
Poland GPW 42301671.4353.333.631.302.33
JapanTOKYO 63940223662.9158.713.280.962.33
ItalyBORSA 1721337977.3359.402.910.682.23
TaiwanTWSE 73412256.1653.663.341.152.20
SpainIBEX 31221170.9750.003.411.412.00
NorwayOSE 21150.00100.
Poland GPW 54380.0075.
South KoreaKRX 2031287063.5554.262.740.841.90
UKLSE 39027815871.5456.632.861.011.85
USAMEX 101673666.3453.732.690.871.82
CanadaTSX 2021307864.3660.002.510.751.75
FrancePARIS 119865672.2765.122.140.491.65
SwitzerlandSIX 85563465.8860.711.980.391.59
TurkeyBIST 108680.0075.002.130.631.50
GermanyXETRA 33325816477.4863.572.150.721.43
IsraelTASE 39341887.1852.942.531.151.38
AustraliaASX 111784770.2760.262.220.941.28
USNYSE 84560729371.9548.192.351.131.22
NorwayOSE 2111452.3836.361.910.821.09
Vietnam HOSE 111100.00100.
IsraelTASE 111100.00100.
IndonesiaIDX 111100.00100.
CanadaTSX 111100.00100.
SwitzerlandSIX 222100.00100.
MalaysiaBURSA 111100.00100.
ThailandSET 2013965.0069.232.081.620.46
USPREFERRED 97642365.9835.941.591.170.42
MexicoBMV 43275.0066.670.670.330.33
QatarQE 106260.0033.331.000.670.33
AustraliaASX 43275.0066.670.670.330.33
ChileBCS 331100.0033.331.671.330.33
Austria WIENERBORSE 2519976.0047.371.421.110.32
UAEUAE 553100.0060.000.800.600.20
USFOREX 111100.00100.
TaiwanGTSM 41025.
Vietnam HNX 94244.4450.001.751.750.00
DenmarkCOPENHAGEN 1000.
ChinaSSE 111100.00100.
BrazilBOVESPA 53160.0033.330.670.670.00
SingaporeSGX 3000.
RussiaMICEX 1000.
South KoreaKOSDAQ 1000.
JapanFUKUOKA 1000.
JordanASE 63150.0033.332.332.67-0.33
MalaysiaBURSA 1810455.5640.001.202.00-0.80
JapanTOKYO 110100.
PhilippinesPSE 110100.
Hong KongHKEX 220100.
Greece ATHENS 117263.6428.570.862.86-2.00
JapanNAGOYA 21050.
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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