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 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
KuwaitKSE 31133.33100.00132.000.00132.00
CanadaCSE 21150.00100.0083.000.0083.00
ArgentinaBUE 53260.0066.6723.330.6722.67
Saudi ArabiaTADAWUL 179952.94100.0020.440.0020.44
USWARRANTS 32266.67100.0015.500.0015.50
TurkeyBIST 129775.0077.789.890.569.33
NorwayOSE 96666.67100.009.170.009.17
EgyptEGX 146442.8666.678.500.677.83
RussiaMICEX 24161166.6768.757.380.257.13
ArgentinaBUE 111100.00100.007.000.007.00
SingaporeSGX 96566.6783.337.330.337.00
SwedenSTOCKHOLM 34171150.0064.717.760.826.94
IndiaNSE 1801227867.7863.936.561.025.53
TaiwanGTSM 56341760.7150.006.120.855.26
South KoreaKRX 1511006966.2369.005.420.504.92
IndiaBSE 30819312662.6665.286.021.314.71
Hong KongHKEX 132925169.7055.436.031.394.64
South KoreaKOSDAQ 1671147868.2668.425.851.234.62
USNASDAQ 48535123672.3767.245.210.614.60
IsraelTASE 30221273.3354.555.681.274.41
MalaysiaBURSA 1711764.7163.644.640.274.36
USAMEX 54332261.1166.675.240.914.33
IndonesiaIDX 76585.7183.334.500.504.00
ChinaSZSE 61540624766.0260.844.901.063.84
JapanTOKYO 34323814669.3961.344.570.823.76
The World 55353734229167.4661.364.210.873.33
ItalyBORSA 81512962.9656.863.650.473.18
ChinaSSE 49731720663.7864.984.130.973.16
AustraliaASX 63462473.0252.173.630.483.15
Austria WIENERBORSE 109790.0077.783.440.443.00
BangladeshDSE 33141042.4271.433.570.642.93
PhilippinesPSE 108680.0075.002.880.002.88
BrazilBOVESPA 21131061.9076.923.080.232.85
UKLSE 2421609866.1261.253.690.862.84
FrancePARIS 55382469.0963.163.030.632.39
PakistanKSE 37271672.9759.263.331.002.33
USOTC PINK 2241477865.6353.063.611.512.10
Poland GPW 111100.00100.002.000.002.00
CanadaTSX 1581026564.5663.732.340.411.93
Poland GPW 33181154.5561.112.440.561.89
TaiwanTWSE 52332263.4666.672.760.971.79
SpainIBEX 1712870.5966.672.581.001.58
USNYSE 66749028273.4657.552.050.681.38
USPREFERRED 83572568.6743.861.600.371.23
SwitzerlandSIX 41332080.4960.611.820.671.15
Vietnam HOSE 111100.00100.001.000.001.00
NetherlandsAMSTERDAM 1610362.5030.001.800.801.00
MalaysiaBURSA 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
BelgiumBRUSSELS 84450.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
MexicoBMV 2317973.9152.941.941.000.94
ThailandSET 2015675.0040.002.201.400.80
Vietnam HOSE 2013765.0053.851.691.150.54
BrazilBOVESPA 32166.6750.001.000.500.50
QatarQE 149464.2944.441.330.890.44
GermanyXETRA 107733868.2252.051.451.030.42
Greece ATHENS 95255.5640.002.402.000.40
UKLSE 110100.000.000.000.000.00
USOTCBB 1000.000.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
TaiwanGTSM 21050.000.000.000.000.00
PortugalLISBON 32166.6750.000.500.500.00
MexicoBMV 221100.0050.000.500.500.00
AustraliaASX 21150.00100.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
Vietnam HNX 65283.3340.000.801.80-1.00
TurkeyBIST 53260.0066.670.331.67-1.33
DenmarkCOPENHAGEN 54180.0025.001.002.50-1.50
UAEUAE 32066.670.000.002.50-2.50
JordanASE 42050.000.000.004.00-4.00
CanadaTSX-V 65183.3320.000.405.60-5.20
JapanNAGOYA 220100.000.000.005.50-5.50
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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