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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 21150.00100.0088.000.0088.00
KuwaitKSE 64166.6725.0032.501.7530.75
USWARRANTS 21150.00100.0028.000.0028.00
Saudi ArabiaTADAWUL 168750.0087.5020.630.1320.50
ArgentinaBUE 32166.6750.0013.001.0012.00
SingaporeSGX 42150.0050.0011.500.5011.00
BelgiumBRUSSELS 554100.0080.0010.400.0010.40
EgyptEGX 157646.6785.718.570.298.29
ArgentinaBUE 111100.00100.007.000.007.00
MexicoBMV 23171073.9158.826.710.536.18
NorwayOSE 64366.6775.005.500.005.50
TaiwanGTSM 4326960.4734.625.351.194.15
TurkeyBIST 138461.5450.005.251.134.13
USNASDAQ 43830719370.0962.874.690.993.70
Hong KongHKEX 139824158.9950.004.801.733.07
IndiaBSE 30319210563.3754.694.631.603.03
IndiaNSE 1901136659.4758.414.371.363.01
South KoreaKOSDAQ 1831106060.1154.553.810.982.83
BrazilBOVESPA 1410471.4340.003.801.002.80
SwedenSTOCKHOLM 28201271.4360.003.901.102.80
Vietnam HOSE 2214963.6464.293.290.712.57
South KoreaKRX 142864760.5654.653.440.942.50
ChinaSZSE 51034218367.0653.513.961.472.49
JapanTOKYO 31121311268.4952.583.321.162.16
The World 50123386180767.6253.323.251.162.08
BangladeshDSE 3313739.3953.853.000.922.08
ThailandSET 139569.2355.562.330.332.00
Poland GPW 111100.00100.002.000.002.00
ItalyBORSA 80583272.5055.172.620.721.90
ChinaSSE 40626313664.7851.712.861.221.64
USAMEX 53361867.9250.002.390.891.50
SpainIBEX 1611768.7563.642.451.091.36
CanadaTSX 108743968.5252.701.890.541.35
USOTC PINK 2271466964.7646.943.392.061.33
IndonesiaIDX 75371.4360.002.601.401.20
SwitzerlandSIX 33251475.7656.001.560.361.20
UKLSE 2311719674.0356.142.291.191.10
USNYSE 54241121775.8352.801.940.921.02
MalaysiaBURSA 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
IndonesiaIDX 111100.00100.001.000.001.00
IsraelTASE 111100.00100.001.000.001.00
Vietnam HOSE 111100.00100.001.000.001.00
NetherlandsAMSTERDAM 1610462.5040.002.401.500.90
Austria WIENERBORSE 119681.8266.671.220.330.89
PhilippinesPSE 64266.6750.001.000.250.75
AustraliaASX 69522775.3651.921.480.750.73
Greece ATHENS 106460.0066.672.171.500.67
IsraelTASE 2215868.1853.331.731.070.67
PakistanKSE 48321566.6746.882.031.380.66
RussiaMICEX 23181178.2661.111.390.830.56
BrazilBOVESPA 32166.6750.001.000.500.50
FrancePARIS 60381763.3344.741.581.110.47
DenmarkCOPENHAGEN 54280.0050.001.000.750.25
USPREFERRED 85642075.2931.250.780.660.13
TaiwanTWSE 51311660.7851.611.651.550.10
USOTCBB 1000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
PakistanKSE 1000.000.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
MexicoBMV 32166.6750.000.500.500.00
TaiwanGTSM 21050.000.000.000.000.00
UKLSE 110100.000.000.000.000.00
Poland GPW 3019763.3336.841.421.68-0.26
GermanyXETRA 100733374.0044.591.301.61-0.31
Vietnam HNX 74257.1450.000.501.25-0.75
MalaysiaBURSA 138261.5425.000.251.13-0.88
UAEUAE 221100.0050.000.501.50-1.00
QatarQE 117263.6428.570.711.86-1.14
TurkeyBIST 53260.0066.670.331.67-1.33
PortugalLISBON 330100.000.000.001.33-1.33
JordanASE 42150.0050.000.003.00-3.00
JapanNAGOYA 221100.0050.000.504.00-3.50
CanadaTSX-V 86187.5014.290.293.86-3.57
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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