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 1/1/2020
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
RussiaMICEX 21150.00100.0030.000.0030.00
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 119681.8266.671.890.781.11
Vietnam HOSE 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
MalaysiaBURSA 111100.00100.001.000.001.00
SwedenSTOCKHOLM 32266.67100.000.500.000.50
AustraliaASX 43275.0066.670.670.330.33
MexicoBMV 43275.0066.670.670.330.33
USAMEX 1011170.301.410.060.000.06
The World 91701056767.231.090.060.010.05
RussiaMICEX 320062.500.000.000.000.00
UKLSE 3860067.880.000.000.000.00
TaiwanGTSM 590071.190.000.000.000.00
TaiwanTWSE 880054.550.000.000.000.00
TaiwanGTSM 41025.000.000.000.000.00
TurkeyBIST 270059.260.000.000.000.00
PakistanKSE 670076.120.000.000.000.00
PortugalLISBON 40075.000.000.000.000.00
Poland GPW 340067.650.000.000.000.00
ThailandSET 210061.900.000.000.000.00
ThailandSET 111100.00100.000.000.000.00
SingaporeSGX 30066.670.000.000.000.00
SingaporeSGX 3000.000.000.000.000.00
SwedenSTOCKHOLM 600068.330.000.000.000.00
UAEUAE 80087.500.000.000.000.00
Saudi ArabiaTADAWUL 340067.650.000.000.000.00
QatarQE 100060.000.000.000.000.00
KuwaitKSE 150060.000.000.000.000.00
EgyptEGX 140071.430.000.000.000.00
JordanASE 50040.000.000.000.000.00
South KoreaKOSDAQ 2710061.620.000.000.000.00
South KoreaKRX 1930063.210.000.000.000.00
South KoreaKOSDAQ 1000.000.000.000.000.00
JapanTOKYO 5550064.860.000.000.000.00
NorwayOSE 230043.480.000.000.000.00
PhilippinesPSE 80075.000.000.000.000.00
PhilippinesPSE 221100.0050.000.500.500.00
NetherlandsAMSTERDAM 680072.060.000.000.000.00
MalaysiaBURSA 170070.590.000.000.000.00
MexicoBMV 450062.220.000.000.000.00
CanadaCSE 90044.440.000.000.000.00
CanadaTSX-V 100070.000.000.000.000.00
BrazilBOVESPA 53160.0033.330.670.670.00
BrazilBOVESPA 540066.670.000.000.000.00
BelgiumBRUSSELS 60066.670.000.000.000.00
AustraliaASX 980069.390.000.000.000.00
Austria WIENERBORSE 270074.070.000.000.000.00
ArgentinaBUE 190073.680.000.000.000.00
Greece ATHENS 120050.000.000.000.000.00
FrancePARIS 1250068.800.000.000.000.00
SpainIBEX 370070.270.000.000.000.00
DenmarkCOPENHAGEN 1000.000.000.000.000.00
DenmarkCOPENHAGEN 110072.730.000.000.000.00
GermanyXETRA 3870070.280.000.000.000.00
ChinaSZSE 10730067.290.000.000.000.00
ChinaSSE 7620070.210.000.000.000.00
ChinaSSE 111100.00100.000.000.000.00
ChileBCS 400100.000.000.000.000.00
ItalyBORSA 1950064.620.000.000.000.00
IndiaNSE 2090064.110.000.000.000.00
JapanNAGOYA 2000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
IndiaBSE 3960060.860.000.000.000.00
IsraelTASE 400077.500.000.000.000.00
SwitzerlandSIX 820067.070.000.000.000.00
IndonesiaIDX 200055.000.000.000.000.00
CanadaTSX 1870067.380.000.000.000.00
BangladeshDSE 300053.330.000.000.000.00
USWARRANTS 160081.250.000.000.000.00
USPREFERRED 1020066.670.000.000.000.00
USOTC PINK 3370067.060.000.000.000.00
USOTCBB 1000.000.000.000.000.00
USNYSE 7670068.060.000.000.000.00
USNASDAQ 8100062.100.000.000.000.00
Vietnam HOSE 380052.630.000.000.000.00
Vietnam HNX 70028.570.000.000.000.00
Hong KongHKEX 1820066.480.000.000.000.00
USFOREX 32166.6750.000.000.50-0.50
JapanTOKYO 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.

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.