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 42250.00100.0049.500.0049.50
USWARRANTS 111100.00100.0028.000.0028.00
KuwaitKSE 75171.4320.0026.002.2023.80
ArgentinaBUE 53260.0066.6723.000.6722.33
Saudi ArabiaTADAWUL 23111047.8390.9117.640.0917.55
IndonesiaIDX 129675.0066.6713.001.3311.67
BelgiumBRUSSELS 85462.5080.009.000.009.00
TurkeyBIST 1410771.4370.008.600.807.80
ArgentinaBUE 111100.00100.007.000.007.00
EgyptEGX 209745.0077.787.560.567.00
SingaporeSGX 96566.6783.337.000.506.50
SwedenSTOCKHOLM 47281959.5767.866.430.895.54
RussiaMICEX 28191167.8657.896.050.845.21
MalaysiaBURSA 2112857.1466.674.670.334.33
TaiwanGTSM 61371860.6648.655.271.004.27
IndiaNSE 2531659865.2259.395.261.363.90
NorwayOSE 86475.0066.674.170.333.83
BrazilBOVESPA 25171068.0058.824.180.353.82
USNASDAQ 61143825071.6957.084.710.933.78
IndiaBSE 38924513462.9854.695.181.623.57
South KoreaKRX 2051337764.8857.894.260.833.42
Hong KongHKEX 1851206064.8650.005.131.773.37
ChinaSZSE 73748226765.4055.394.411.462.95
JapanTOKYO 45531317468.7955.593.961.022.94
ItalyBORSA 103684266.0261.763.380.462.93
South KoreaKOSDAQ 2261458364.1657.244.201.362.84
The World 71134823264967.8254.913.641.132.51
BangladeshDSE 38151039.4766.673.130.732.40
PhilippinesPSE 108580.0062.502.500.132.38
ChinaSSE 57036619164.2152.193.571.322.25
IsraelTASE 35241468.5758.333.461.252.21
UKLSE 32322412769.3556.703.211.012.19
USAMEX 81522864.2053.853.000.902.10
NetherlandsAMSTERDAM 27191070.3752.633.111.052.05
Poland GPW 111100.00100.002.000.002.00
USOTC PINK 32320710364.4049.523.872.031.84
Austria WIENERBORSE 17151188.2473.332.130.401.73
CanadaTSX 1921176660.9456.412.150.481.68
FrancePARIS 86633573.2655.562.250.701.56
TaiwanTWSE 68432763.2462.792.531.091.44
MexicoBMV 27191170.3757.892.211.051.16
USNYSE 76756829174.0551.232.080.991.10
PakistanKSE 60452275.0048.892.361.291.07
Vietnam HOSE 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
IndonesiaIDX 111100.00100.001.000.001.00
AustraliaASX 32266.67100.001.000.001.00
FOREXFOREX 21150.00100.001.000.001.00
CanadaTSX 111100.00100.001.000.001.00
SwitzerlandSIX 222100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
USPREFERRED 91652471.4336.921.600.650.95
Vietnam HOSE 2718966.6750.002.561.610.94
AustraliaASX 86633173.2649.211.710.940.78
SwitzerlandSIX 57462680.7056.521.540.780.76
ThailandSET 2416766.6743.752.191.440.75
GermanyXETRA 1931459375.1364.141.540.870.67
BrazilBOVESPA 32166.6750.001.000.500.50
Greece ATHENS 106360.0050.002.331.830.50
Poland GPW 41251060.9840.001.521.320.20
USOTCBB 1000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
UKLSE 110100.000.000.000.000.00
TaiwanGTSM 21050.000.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
PakistanKSE 21050.000.000.000.000.00
QatarQE 149464.2944.441.001.11-0.11
SpainIBEX 2518972.0050.001.501.78-0.28
PortugalLISBON 43075.000.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
DenmarkCOPENHAGEN 662100.0033.330.671.83-1.17
Vietnam HNX 75171.4320.000.601.80-1.20
UAEUAE 54280.0050.000.501.75-1.25
TurkeyBIST 53260.0066.670.331.67-1.33
JordanASE 62033.330.000.004.00-4.00
CanadaTSX-V 661100.0016.670.334.50-4.17
JapanNAGOYA 110100.000.000.008.00-8.00
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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