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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
PakistanKSE 43275.0066.6721.670.0021.67
PhilippinesPSE 75471.4380.0017.350.1117.24
Poland GPW 33241472.7358.3315.631.2314.40
RussiaMICEX 32166.6750.0015.001.0014.00
TurkeyBIST 33201660.6180.0013.360.6212.74
BelgiumBRUSSELS 127458.3357.1412.230.9211.32
IndiaNSE 111100.00100.0011.000.0011.00
KuwaitKSE 159460.0044.448.851.497.36
ArgentinaBUE 111100.00100.
IndonesiaIDX 39231258.9752.179.302.366.94
IndiaBSE 41825915861.9661.007.801.236.57
CanadaCSE 95455.5680.007.561.076.49
UKLSE 32166.6750.005.500.005.50
PakistanKSE 68542479.4144.446.491.435.06
BangladeshDSE 2514856.0057.145.550.754.80
IndiaNSE 2181478667.4358.505.600.974.63
EgyptEGX 128766.6787.504.830.314.52
USOTC PINK 44628014065.0248.286.662.164.50
Hong KongHKEX 1981377369.1953.286.321.834.49
ChinaSZSE 122982450267.0560.925.461.034.43
BrazilBOVESPA 75462961.3363.045.020.744.28
ChinaSSE 85959436269.1560.944.840.883.96
USNASDAQ 99362833563.2453.345.261.433.83
JordanASE 64366.6775.003.780.203.58
SwedenSTOCKHOLM 86593568.6059.324.821.423.39
PortugalLISBON 65383.3360.004.140.743.39
FOREXFOREX 42250.00100.
BangladeshDSE 222100.00100.
NetherlandsAMSTERDAM 56392869.6471.793.340.372.97
The World 107317152407567.6356.
DenmarkCOPENHAGEN 1710858.8280.003.190.312.88
ArgentinaBUE 1110790.9170.
TaiwanGTSM 63392263.4955.003.741.002.74
SpainIBEX 35241668.5766.673.721.042.68
CanadaTSX-V 129475.0044.446.854.262.59
JapanTOKYO 63041623466.0356.253.591.132.46
TaiwanTWSE 102613759.8060.663.290.902.39
Saudi ArabiaTADAWUL 40241160.0045.834.231.982.25
South KoreaKRX 2341528964.9658.553.120.922.20
South KoreaKOSDAQ 31919711461.7657.873.171.042.12
MexicoBMV 48271556.2555.563.581.502.08
Vietnam HNX 73342.86100.
Poland GPW 54380.0075.
NorwayOSE 31133.33100.
ItalyBORSA 2471689768.0257.742.740.821.92
CanadaTSX 2381619367.6557.762.710.881.83
Austria WIENERBORSE 51372472.5564.862.390.681.71
FrancePARIS 144966266.6764.582.210.551.66
GermanyXETRA 43430918671.2060.192.430.791.64
Vietnam HOSE 40211452.5066.672.721.151.56
IndonesiaIDX 222100.00100.001.500.001.50
USNYSE 106073535969.3448.842.631.191.44
QatarQE 168450.0050.002.290.961.33
UKLSE 45131516669.8452.702.611.281.33
SwitzerlandSIX 99643564.6554.691.840.511.33
IsraelTASE 46382182.6155.262.401.111.29
TurkeyBIST 119681.8266.671.890.781.11
NorwayOSE 3318854.5544.442.711.661.04
Vietnam HOSE 111100.00100.
SwitzerlandSIX 222100.00100.
CanadaTSX 111100.00100.
UAEUAE 885100.0062.501.790.820.97
USAMEX 141984769.5047.962.081.300.79
IsraelTASE 333100.00100.000.670.000.67
AustraliaASX 93662770.9740.911.881.290.60
SwedenSTOCKHOLM 42250.00100.000.500.000.50
PhilippinesPSE 442100.0050.000.750.250.50
AustraliaASX 43275.0066.670.670.330.33
MexicoBMV 53260.0066.670.670.330.33
ChileBCS 54180.0025.
USPREFERRED 1020066.670.
ThailandSET 222100.00100.
TaiwanGTSM 41025.
SingaporeSGX 3000.
South KoreaKOSDAQ 21150.00100.
JapanNAGOYA 2000.
JapanFUKUOKA 1000.
RussiaMICEX 230056.520.
MalaysiaBURSA 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 1000.
BrazilBOVESPA 53160.0033.330.670.670.00
ChinaSSE 111100.00100.
USFOREX 42150.0050.000.000.50-0.50
ThailandSET 2514656.0042.861.382.22-0.84
MalaysiaBURSA 1811361.1127.271.071.99-0.92
JapanTOKYO 110100.
Greece ATHENS 84050.
Hong KongHKEX 220100.
SingaporeSGX 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


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.