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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 52240.00100.0049.500.0049.50
KuwaitKSE 96266.6733.3332.501.8330.67
PakistanKSE 32166.6750.0026.500.0026.50
ArgentinaBUE 117663.6485.7118.430.2918.14
Saudi ArabiaTADAWUL 34171350.0076.4715.181.1814.00
IndonesiaIDX 128566.6762.5013.751.5012.25
TurkeyBIST 19131068.4276.9212.150.6211.54
USWARRANTS 54380.0075.0010.750.7510.00
BelgiumBRUSSELS 85462.5080.009.000.009.00
ArgentinaBUE 111100.00100.007.000.007.00
EgyptEGX 2412950.0075.007.080.676.42
UKLSE 221100.0050.005.500.005.50
SwedenSTOCKHOLM 62362258.0661.116.170.925.25
SingaporeSGX 118672.7375.005.750.755.00
BangladeshDSE 40161140.0068.755.500.694.81
RussiaMICEX 36261672.2261.545.540.774.77
IndiaBSE 44127415562.1356.576.211.594.62
TaiwanGTSM 72452362.5051.115.330.894.44
IndiaNSE 27318010665.9358.895.571.284.28
USNASDAQ 68749929572.6359.125.060.914.15
ChinaSZSE 92262636868.0058.695.271.274.00
South KoreaKRX 2361448561.0259.034.280.793.49
BrazilBOVESPA 28171060.7158.824.180.713.47
South KoreaKOSDAQ 27116810261.9960.714.751.293.46
NetherlandsAMSTERDAM 33231469.7060.874.300.873.43
MalaysiaBURSA 2113861.9061.544.230.923.31
Hong KongHKEX 2101386665.7147.834.921.883.04
FOREXFOREX 32266.67100.003.000.003.00
The World 85085786330068.0756.984.061.102.96
PakistanKSE 65482573.8552.084.151.192.96
USOTC PINK 41426614064.9852.045.042.102.93
JapanTOKYO 53836420567.6656.323.991.062.93
ItalyBORSA 126845166.6760.713.190.462.73
USAMEX 87613670.1159.023.310.622.69
ChinaSSE 68846225567.1555.193.711.162.55
UKLSE 37826615670.6358.433.390.872.52
PhilippinesPSE 108580.0062.502.500.132.38
NorwayOSE 108580.0062.502.630.252.38
FrancePARIS 101764575.2559.212.680.672.01
NorwayOSE 21150.00100.002.000.002.00
IsraelTASE 42311773.8154.843.321.481.84
TaiwanTWSE 76483263.1666.672.730.961.77
Vietnam HOSE 33211363.6461.903.001.331.67
CanadaTSX 2171377863.1356.932.130.501.64
Poland GPW 46281360.8746.432.821.211.61
GermanyXETRA 23017411175.6563.792.270.711.56
SpainIBEX 29191165.5257.893.051.681.37
USNYSE 82460631673.5452.152.341.101.24
Vietnam HOSE 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
Poland GPW 332100.0066.671.000.001.00
IsraelTASE 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
AustraliaASX 96713773.9652.111.900.901.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
SwitzerlandSIX 66512977.2756.861.730.760.96
MexicoBMV 36261572.2257.692.691.770.92
USPREFERRED 97662668.0439.391.671.000.67
Austria WIENERBORSE 995100.0055.561.781.110.67
UAEUAE 65383.3360.001.801.400.40
AustraliaASX 43275.0066.670.670.330.33
CanadaTSX-V 882100.0025.004.754.500.25
USFOREX 111100.00100.000.000.000.00
USOTCBB 1000.000.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
TaiwanGTSM 31033.330.000.000.000.00
RussiaMICEX 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
Greece ATHENS 64166.6725.002.502.500.00
JapanFUKUOKA 1000.000.000.000.000.00
BrazilBOVESPA 43175.0033.330.670.670.00
ChinaSSE 111100.00100.000.000.000.00
DenmarkCOPENHAGEN 97377.7842.861.431.57-0.14
QatarQE 1911457.8936.360.821.09-0.27
ThailandSET 2718666.6733.331.441.94-0.50
JapanTOKYO 110100.000.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
PortugalLISBON 43075.000.000.001.00-1.00
TurkeyBIST 64366.6775.000.251.25-1.00
Vietnam HNX 105150.0020.000.601.80-1.20
Hong KongHKEX 110100.000.000.002.00-2.00
JordanASE 52040.000.000.004.00-4.00
JapanNAGOYA 21050.000.000.008.00-8.00
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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