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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 21150.00100.0088.000.0088.00
KuwaitKSE 53160.0033.3343.331.0042.33
Saudi ArabiaTADAWUL 148757.1487.5020.630.1320.50
USWARRANTS 42250.00100.0014.500.0014.50
ArgentinaBUE 32166.6750.0013.001.0012.00
SingaporeSGX 42150.0050.0011.500.5011.00
BelgiumBRUSSELS 554100.0080.0010.400.0010.40
ArgentinaBUE 111100.00100.007.000.007.00
EgyptEGX 136546.1583.336.830.336.50
MexicoBMV 23171073.9158.826.120.535.59
NorwayOSE 64366.6775.005.500.005.50
TaiwanGTSM 4124858.5433.335.791.134.67
TurkeyBIST 138461.5450.005.251.134.13
USNASDAQ 42129718870.5563.304.800.973.83
IndiaNSE 162965659.2658.334.851.293.56
South KoreaKOSDAQ 147904561.2250.004.471.163.31
Hong KongHKEX 126773961.1150.655.011.773.25
IndiaBSE 28518410164.5654.894.661.513.15
BrazilBOVESPA 1410471.4340.004.001.003.00
SwedenSTOCKHOLM 27201274.0760.004.001.102.90
South KoreaKRX 123774262.6054.553.530.862.68
Vietnam HOSE 2314960.8764.293.290.712.57
ChinaSZSE 50233718067.1353.413.901.472.43
JapanTOKYO 27919810370.9752.023.441.142.30
The World 47063207172168.1953.633.311.132.18
BangladeshDSE 3213740.6353.853.000.922.08
ThailandSET 129575.0055.562.330.332.00
Poland GPW 111100.00100.002.000.002.00
ItalyBORSA 78563171.7955.362.630.711.91
SpainIBEX 149664.2966.673.001.221.78
ChinaSSE 39325613365.1451.952.821.241.57
USAMEX 50351870.0051.432.460.891.57
SwitzerlandSIX 28211375.0061.901.810.331.48
USOTC PINK 2081336364.4247.013.251.901.36
CanadaTSX 103733870.8752.051.770.551.22
IndonesiaIDX 75371.4360.002.601.401.20
USNYSE 52540121876.3854.362.040.861.18
PakistanKSE 41271465.8551.852.371.261.11
AustraliaASX 57442577.1956.821.500.411.09
Vietnam HOSE 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
UKLSE 2241659273.6655.762.191.250.95
NetherlandsAMSTERDAM 1610462.5040.002.401.500.90
DenmarkCOPENHAGEN 54280.0050.001.500.750.75
PhilippinesPSE 64266.6750.001.000.250.75
Greece ATHENS 106460.0066.672.171.500.67
FrancePARIS 57351661.4045.711.661.000.66
Austria WIENERBORSE 98588.8962.501.000.380.63
RussiaMICEX 22181181.8261.111.390.830.56
IsraelTASE 2114766.6750.001.641.140.50
BrazilBOVESPA 32166.6750.001.000.500.50
GermanyXETRA 94673372.3448.531.401.090.31
Poland GPW 2816657.1437.501.631.440.19
USPREFERRED 80581772.5029.310.760.660.10
AustraliaASX 21150.00100.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
PakistanKSE 1000.000.000.000.000.00
TaiwanGTSM 21050.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
MexicoBMV 221100.0050.000.500.500.00
SingaporeSGX 1000.000.000.000.000.00
USOTCBB 1000.000.000.000.000.00
TaiwanTWSE 46281460.8750.001.291.61-0.32
Vietnam HNX 74257.1450.000.501.25-0.75
MalaysiaBURSA 128266.6725.000.251.13-0.88
QatarQE 117263.6428.570.711.86-1.14
PortugalLISBON 330100.000.000.001.33-1.33
TurkeyBIST 53260.0066.670.331.67-1.33
UAEUAE 331100.0033.330.332.33-2.00
JordanASE 32166.6750.000.003.00-3.00
JapanNAGOYA 221100.0050.000.504.00-3.50
CanadaTSX-V 87187.5014.290.294.57-4.29
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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