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 is a confirmed Bullish Engulfing pattern. The first two candlesticks are exactly the same as the Bullish Engulfing pattern and the third day represents its confirmation.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. We see a Bullish Engulfing pattern in the first two days.
3. Then, we see a white candlestick on the third day with a higher close than the second day.
Pattern Requirements and Flexibility
A Bullish Engulfing pattern should be identified with all previously set rules. The third day should be a white day with a higher close.
Trader’s Behavior
The first two days of the Bullish Three Outside Up is simply a Bullish Engulfing Pattern, and the third day confirms that the downtrend is damaged as suggested by this pattern, since it is a white candlestick closing with a new high for the last three days. However, for a bullish reversal, there is still a need for a further confirmation.
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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
JordanASE 42281366.6746.4310.641.868.79
CanadaCSE 114542247.3740.7413.504.858.65
TurkeyBIST 1761147364.7764.048.810.528.29
OmanMSM 139769.2377.786.000.445.56
USOTC PINK 96855723758.9941.519.684.275.41
PakistanKSE 110673660.9153.735.871.104.76
USWARRANTS 94244.4450.006.752.254.50
BangladeshDSE 157985462.4255.105.370.964.41
UKLSE 98668538069.5755.395.160.894.27
EgyptEGX 53412077.3648.785.441.174.27
MalaysiaBURSA 52330313857.9345.545.921.694.23
BrazilBOVESPA 1881186562.7755.
IndiaBSE 80555427768.8250.005.401.344.05
IsraelTASE 22817110675.0061.994.610.574.04
IndiaNSE 61739321563.7054.714.870.893.97
ArgentinaBUE 34191355.8868.424.420.743.68
CanadaTSX-V 3261787054.6039.337.724.183.54
Vietnam HNX 114653557.0253.855.352.053.31
AustraliaASX 63239319362.1849.114.551.523.04
IndonesiaIDX 2581698165.5047.934.291.332.96
SpainIBEX 82633076.8347.623.971.052.92
Hong KongHKEX 163697541459.6642.424.601.742.86
Poland GPW 2041216759.8054.924.982.132.84
USNASDAQ 1629110857768.0252.083.831.092.74
South KoreaKOSDAQ 109773038166.5552.193.821.092.74
USAMEX 2691859568.7751.353.350.632.72
NorwayOSE 145924163.4544.573.771.202.58
PhilippinesPSE 140773255.0041.563.921.392.53
TurkeyBIST 20171485.0082.352.530.062.47
South KoreaKRX 94160631464.6151.643.280.872.41
DenmarkCOPENHAGEN 74562475.6842.863.300.952.36
ThailandSET 42426110861.5641.383.331.152.18
Vietnam HOSE 2461638966.2654.603.181.042.14
The World 35023239351208868.4150.453.111.052.06
RussiaMICEX 2361617468.2245.962.920.912.01
SwedenSTOCKHOLM 52235318267.6251.563.221.261.95
TaiwanGTSM 62540520064.8049.382.800.881.91
TaiwanTWSE 73348626466.3054.322.500.601.90
BelgiumBRUSSELS 66372156.0656.762.350.461.89
Austria WIENERBORSE 86475.0066.673.501.671.83
JapanTOKYO 2181149377168.4551.642.821.011.81
ChileBCS 99633863.6460.322.100.441.65
CanadaTSX 97068234770.3150.882.330.711.62
RussiaMICEX 75563174.6755.361.860.431.43
ChinaSSE 2738196398171.6949.972.411.001.42
Greece ATHENS 79502563.2950.002.461.081.38
ChinaSZSE 33392385113671.4347.632.581.221.36
PortugalLISBON 2115671.4340.002.331.001.33
ArgentinaBUE 28211475.0066.671.380.101.29
BrazilBOVESPA 27221581.4868.181.590.321.27
FrancePARIS 56739018568.7847.442.010.781.23
Poland GPW 53423179.2573.811.260.051.21
NorwayOSE 40251362.5052.
MexicoBMV 30201266.6760.001.350.251.10
AustraliaASX 2315965.2260.
MexicoBMV 89602967.4248.331.970.921.05
SwitzerlandSIX 2201467666.3652.051.380.381.00
Saudi ArabiaTADAWUL 1861216165.0550.411.890.930.96
USNYSE 1858138170574.4950.941.590.650.94
GermanyXETRA 61445422374.1049.011.500.580.91
IsraelTASE 42332178.5763.641.120.210.91
SingaporeSGX 145833357.2439.763.132.240.89
ItalyBORSA 58644820376.4545.311.450.600.85
QatarQE 29201168.9755.001.400.600.80
IndiaNSE 29231379.3156.520.910.130.78
JapanTOKYO 42241857.1475.000.960.290.67
NetherlandsAMSTERDAM 1571145172.6144.741.120.470.65
PakistanKSE 44361781.8247.220.860.220.64
ChileBCS 46302065.2266.670.800.170.63
TaiwanGTSM 2618869.2344.440.890.280.61
KuwaitKSE 90572263.3338.601.931.370.56
Vietnam HOSE 48351772.9248.570.770.230.54
CanadaTSX 36201655.5680.000.800.300.50
PortugalLISBON 35281380.0046.430.710.210.50
FOREXFOREX 53371969.8151.350.760.300.46
PhilippinesPSE 46301565.2250.000.730.300.43
Greece ATHENS 36301583.3350.000.630.200.43
UKLSE 35291682.8655.170.720.310.41
DenmarkCOPENHAGEN 48382079.1752.630.550.160.39
ChinaSSE 41291470.7348.280.590.210.38
NetherlandsAMSTERDAM 38321584.2146.880.560.190.38
FrancePARIS 38311481.5845.160.550.190.35
GermanyXETRA 37311483.7845.160.550.190.35
ItalyBORSA 38311481.5845.160.550.190.35
Austria WIENERBORSE 33271281.8244.440.560.220.33
ThailandSET 49321665.3150.000.530.220.31
USFOREX 68482670.5954.170.480.170.31
SpainIBEX 44321572.7346.880.530.220.31
UAEUAE 59421871.1942.860.570.260.31
BangladeshDSE 2618669.2333.330.560.280.28
JapanFUKUOKA 442100.0050.002.001.750.25
SingaporeSGX 61462375.4150.000.390.150.24
BelgiumBRUSSELS 37311483.7845.160.420.190.23
Hong KongHKEX 59491883.0536.730.510.290.22
MalaysiaBURSA 39291274.3641.380.520.310.21
IndonesiaIDX 32211165.6352.380.670.480.19
South KoreaKOSDAQ 52371971.1551.350.460.270.19
SwedenSTOCKHOLM 50381976.0050.000.320.260.05
JapanNAGOYA 2621980.7742.861.381.330.05
UAEUAE 46241152.1745.831.041.000.04
USPREFERRED 2892259877.8543.560.400.400.00
JapanSAPPORO 1000.
SwitzerlandSIX 49301261.2240.000.230.43-0.20
USOTCBB 53260.0066.675.005.33-0.33
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


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