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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
PakistanKSE 32166.6750.0026.500.0026.50
IndiaNSE 111100.00100.0011.000.0011.00
ArgentinaBUE 111100.00100.007.000.007.00
UKLSE 221100.0050.005.500.005.50
BangladeshDSE 111100.00100.004.000.004.00
FOREXFOREX 42250.00100.003.000.003.00
Poland GPW 54380.0075.002.000.002.00
NorwayOSE 21150.00100.002.000.002.00
TurkeyBIST 108680.0075.002.130.631.50
Vietnam HOSE 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
AustraliaASX 43275.0066.670.670.330.33
MexicoBMV 43275.0066.670.670.330.33
USAMEX 1131168.141.300.050.000.05
The World 102791006366.640.920.050.010.04
ThailandSET 220063.640.000.000.000.00
ThailandSET 111100.00100.000.000.000.00
SingaporeSGX 30066.670.000.000.000.00
SingaporeSGX 3000.000.000.000.000.00
SwedenSTOCKHOLM 670064.180.000.000.000.00
RussiaMICEX 310074.190.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
PortugalLISBON 300100.000.000.000.000.00
Poland GPW 460069.570.000.000.000.00
PhilippinesPSE 90077.780.000.000.000.00
Hong KongHKEX 2050066.340.000.000.000.00
PakistanKSE 640081.250.000.000.000.00
TaiwanGTSM 650064.620.000.000.000.00
TaiwanTWSE 850056.470.000.000.000.00
TaiwanGTSM 41025.000.000.000.000.00
TurkeyBIST 240058.330.000.000.000.00
UAEUAE 500100.000.000.000.000.00
Saudi ArabiaTADAWUL 320059.380.000.000.000.00
QatarQE 100060.000.000.000.000.00
KuwaitKSE 150060.000.000.000.000.00
EgyptEGX 220072.730.000.000.000.00
JordanASE 60050.000.000.000.000.00
South KoreaKOSDAQ 3010062.790.000.000.000.00
South KoreaKRX 2200061.360.000.000.000.00
South KoreaKOSDAQ 1000.000.000.000.000.00
JapanTOKYO 6580062.920.000.000.000.00
NorwayOSE 220050.000.000.000.000.00
NetherlandsAMSTERDAM 610065.570.000.000.000.00
MalaysiaBURSA 180055.560.000.000.000.00
MexicoBMV 540068.520.000.000.000.00
CanadaCSE 90055.560.000.000.000.00
CanadaTSX-V 120083.330.000.000.000.00
BrazilBOVESPA 53160.0033.330.670.670.00
BrazilBOVESPA 620062.900.000.000.000.00
BelgiumBRUSSELS 80075.000.000.000.000.00
AustraliaASX 1110070.270.000.000.000.00
Austria WIENERBORSE 280075.000.000.000.000.00
ArgentinaBUE 180061.110.000.000.000.00
Greece ATHENS 110063.640.000.000.000.00
FrancePARIS 1380069.570.000.000.000.00
SpainIBEX 330069.700.000.000.000.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
DenmarkCOPENHAGEN 120066.670.000.000.000.00
GermanyXETRA 4220070.380.000.000.000.00
ChinaSZSE 13210067.370.000.000.000.00
ChinaSSE 8800066.700.000.000.000.00
ChinaSSE 111100.00100.000.000.000.00
ChileBCS 300100.000.000.000.000.00
ItalyBORSA 2090066.990.000.000.000.00
IndiaNSE 2490060.240.000.000.000.00
JapanNAGOYA 30033.330.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
IndiaBSE 4690060.550.000.000.000.00
IsraelTASE 430083.720.000.000.000.00
SwitzerlandSIX 930064.520.000.000.000.00
IndonesiaIDX 150046.670.000.000.000.00
CanadaTSX 2250064.000.000.000.000.00
BangladeshDSE 390051.280.000.000.000.00
USWARRANTS 150080.000.000.000.000.00
USPREFERRED 990066.670.000.000.000.00
USOTC PINK 4500066.670.000.000.000.00
USOTCBB 1000.000.000.000.000.00
USNYSE 9170070.450.000.000.000.00
USNASDAQ 9100064.290.000.000.000.00
USFOREX 111100.00100.000.000.000.00
UKLSE 4280072.660.000.000.000.00
Vietnam HOSE 390053.850.000.000.000.00
Vietnam HNX 100050.000.000.000.000.00
JapanTOKYO 110100.000.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
Hong KongHKEX 220100.000.000.001.50-1.50
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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