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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 52240.00100.0049.500.0049.50
KuwaitKSE 106260.0033.3332.501.1731.33
PakistanKSE 32166.6750.0026.500.0026.50
Saudi ArabiaTADAWUL 29161155.1768.7514.001.2512.75
PhilippinesPSE 85362.5060.0012.400.2012.20
ArgentinaBUE 107670.0085.7112.290.2912.00
IndonesiaIDX 127358.3342.8614.002.2911.71
BelgiumBRUSSELS 554100.0080.0010.400.0010.40
TurkeyBIST 1912863.1666.679.920.759.17
EgyptEGX 1910952.6390.
USWARRANTS 442100.0050.0010.753.007.75
ArgentinaBUE 111100.00100.
SingaporeSGX 53160.0033.337.671.336.33
UKLSE 221100.0050.005.500.005.50
IndiaBSE 40825014461.2757.606.791.515.28
USOTC PINK 36724212665.9452.076.592.294.30
BangladeshDSE 4016940.0056.255.060.814.25
TaiwanGTSM 57351561.4042.865.261.064.20
USNASDAQ 61043627271.4862.394.960.993.97
MexicoBMV 36261472.2253.855.421.463.96
NetherlandsAMSTERDAM 30201466.6770.004.900.953.95
PakistanKSE 60411968.3346.345.071.343.73
ChinaSZSE 80154831368.4157.124.911.313.61
IndiaNSE 2341458761.9760.004.681.113.57
Hong KongHKEX 1911205962.8349.175.051.883.18
South KoreaKOSDAQ 2561518558.9856.
FOREXFOREX 32266.67100.
The World 75055129293268.3857.133.971.092.88
SwedenSTOCKHOLM 51341966.6755.883.821.032.79
NorwayOSE 76385.7150.003.000.332.67
Vietnam HOSE 28181364.2972.223.500.942.56
USAMEX 69523275.3661.542.830.402.42
JapanTOKYO 44830316867.6355.453.481.112.37
SpainIBEX 27181066.6755.563.831.502.33
UKLSE 34124614572.7358.473.261.012.25
South KoreaKRX 1941106056.7054.553.080.952.14
BrazilBOVESPA 1911457.8936.363.551.452.09
SwitzerlandSIX 53392673.5866.672.360.282.08
NorwayOSE 21150.00100.
ChinaSSE 59239922067.4055.
GermanyXETRA 21517111380.0065.702.530.581.95
ItalyBORSA 124915273.3957.142.440.561.88
RussiaMICEX 30241680.0066.672.540.711.83
CanadaTSX 1501035868.6756.312.210.501.71
TaiwanTWSE 66412662.1263.412.781.151.63
USNYSE 66149627675.0455.652.681.061.63
Poland GPW 38231060.5343.483.001.431.57
FrancePARIS 97724374.2359.722.220.751.47
DenmarkCOPENHAGEN 85362.5060.002.000.601.40
AustraliaASX 92704176.0958.572.090.841.24
Vietnam HOSE 111100.00100.
MalaysiaBURSA 111100.00100.
Poland GPW 332100.0066.671.000.001.00
IsraelTASE 111100.00100.
IndonesiaIDX 111100.00100.
Austria WIENERBORSE 11116100.0054.552.181.181.00
CanadaTSX 111100.00100.
SwitzerlandSIX 222100.00100.
USPREFERRED 90632570.0039.681.951.030.92
IsraelTASE 32241275.0050.002.041.330.71
ThailandSET 1912663.1650.001.921.330.58
AustraliaASX 43275.0066.670.670.330.33
MexicoBMV 43275.0066.670.670.330.33
JordanASE 63250.0066.672.332.000.33
USFOREX 111100.00100.
TaiwanGTSM 31033.330.
RussiaMICEX 1000.
SingaporeSGX 2000.
JapanFUKUOKA 1000.
UAEUAE 663100.0050.001.501.500.00
DenmarkCOPENHAGEN 1000.
ChinaSSE 111100.00100.
BrazilBOVESPA 43175.0033.330.670.670.00
Greece ATHENS 85262.5040.001.802.00-0.20
MalaysiaBURSA 1611468.7536.361.001.55-0.55
Vietnam HNX 104240.0050.000.501.25-0.75
CanadaTSX-V 1110290.9120.003.804.70-0.90
PhilippinesPSE 110100.
TurkeyBIST 64366.6775.000.251.25-1.00
JapanTOKYO 110100.
QatarQE 158253.3325.000.631.75-1.13
PortugalLISBON 330100.
Hong KongHKEX 220100.
JapanNAGOYA 21050.
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.