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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 21150.00100.0088.000.0088.00
KuwaitKSE 42150.0050.0065.000.5064.50
Saudi ArabiaTADAWUL 138761.5487.5020.630.1320.50
USWARRANTS 42250.00100.0014.500.0014.50
ArgentinaBUE 32166.6750.0013.001.0012.00
SingaporeSGX 42150.0050.0011.500.5011.00
ArgentinaBUE 111100.00100.
EgyptEGX 136546.1583.336.830.336.50
MexicoBMV 23171073.9158.826.120.535.59
NorwayOSE 54380.0075.005.500.005.50
TaiwanGTSM 3823760.5330.435.911.174.74
TurkeyBIST 128466.6750.
USNASDAQ 37726817271.0964.184.990.904.09
IndiaNSE 139875162.5958.624.951.243.71
Hong KongHKEX 112723864.2952.785.311.643.67
South KoreaKOSDAQ 139874362.5949.434.601.183.41
IndiaBSE 2641689363.6455.364.821.483.33
ItalyBORSA 68482770.5956.253.790.753.04
SwedenSTOCKHOLM 2215868.1853.334.271.402.87
South KoreaKRX 115693760.0053.623.680.862.83
SpainIBEX 128666.6775.003.380.752.63
BelgiumBRUSSELS 443100.0075.002.500.002.50
JapanTOKYO 2381709171.4353.533.621.122.49
ChinaSZSE 45431416969.1653.823.911.432.48
USAMEX 32221468.7563.643.451.092.36
The World 42262910156968.8853.903.401.102.31
NetherlandsAMSTERDAM 138461.5450.003.000.752.25
BangladeshDSE 3213740.6353.853.000.922.08
Poland GPW 111100.00100.
ThailandSET 118472.7350.002.130.381.75
USOTC PINK 1881256067.0247.623.431.821.61
SwitzerlandSIX 25191276.0063.161.840.261.58
UKLSE 1951427972.8255.632.460.991.47
ChinaSSE 37124112964.9653.532.501.181.32
USNYSE 48137119977.1353.642.070.821.26
CanadaTSX 89683576.4051.471.790.591.21
IndonesiaIDX 75371.4360.002.601.401.20
Vietnam HOSE 2012960.0075.001.750.671.08
IsraelTASE 2013665.0046.152.311.231.08
Vietnam HOSE 111100.00100.
MalaysiaBURSA 111100.00100.
PakistanKSE 32221168.7550.002.321.321.00
FOREXFOREX 21150.00100.
CanadaTSX 111100.00100.
SwitzerlandSIX 222100.00100.
IndonesiaIDX 111100.00100.
IsraelTASE 111100.00100.
AustraliaASX 49371975.5151.351.320.490.84
PhilippinesPSE 64266.6750.
Austria WIENERBORSE 87587.5071.431.140.430.71
Greece ATHENS 106460.0066.672.171.500.67
RussiaMICEX 20171185.0064.711.180.650.53
FrancePARIS 46271158.7040.741.561.040.52
BrazilBOVESPA 32166.6750.001.000.500.50
GermanyXETRA 81592772.8445.761.441.140.31
Poland GPW 2615557.6933.331.731.530.20
AustraliaASX 21150.00100.
JapanFUKUOKA 1000.
DenmarkCOPENHAGEN 32166.6750.
MexicoBMV 221100.0050.000.500.500.00
UKLSE 110100.
TaiwanGTSM 21050.
SingaporeSGX 1000.
USPREFERRED 73501568.4930.000.680.72-0.04
TaiwanTWSE 37251467.5756.001.441.64-0.20
BrazilBOVESPA 128266.6725.001.001.25-0.25
Vietnam HNX 74257.1450.000.501.25-0.75
MalaysiaBURSA 128266.6725.000.251.13-0.88
QatarQE 117263.6428.570.711.71-1.00
TurkeyBIST 53260.0066.670.331.67-1.33
PortugalLISBON 220100.
JordanASE 32166.6750.000.003.00-3.00
UAEUAE 220100.
CanadaTSX-V 76185.7116.670.335.00-4.67
JapanNAGOYA 110100.
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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