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 1/1/2014
Stock Exchange 
Per Trade 
Total Net% Descending
JordanASE 2416866.6750.0016.692.2514.44
EgyptEGX 2315965.2260.009.471.008.47
BangladeshDSE 85553864.7169.098.450.677.78
USOTC PINK 42125013159.8651.9810.863.377.48
PakistanKSE 58372463.7964.867.590.517.08
OmanMSM 107570.0071.437.140.576.57
BrazilBOVESPA 86503360.4763.466.270.605.67
IndiaNSE 32120713564.4965.226.270.665.61
IndiaBSE 44529416866.0757.146.300.965.34
PhilippinesPSE 65372056.9254.055.920.655.27
UKLSE 53035823267.5564.805.270.534.74
TurkeyBIST 95583561.0560.344.740.454.29
USAMEX 128885868.7565.914.800.664.14
NorwayOSE 70452264.2948.894.870.933.93
Hong KongHKEX 86451526859.6152.
Greece ATHENS 26181269.2366.674.671.063.61
South KoreaKOSDAQ 52732618561.8656.754.290.903.39
Vietnam HOSE 111724364.8659.724.000.693.31
South KoreaKRX 46128817562.4760.763.770.513.26
IsraelTASE 95714874.7467.613.450.413.04
ThailandSET 2101326162.8646.
ArgentinaBUE 2014770.0050.003.710.932.79
KuwaitKSE 3514840.0057.
TaiwanGTSM 2301398560.4361.153.260.492.77
CanadaTSX-V 140682548.5736.766.603.842.76
IndonesiaIDX 93562360.2241.073.931.202.73
BelgiumBRUSSELS 42221252.3854.553.090.362.73
RussiaMICEX 113824272.5751.223.400.712.70
Poland GPW 123784463.4156.414.692.042.65
USNASDAQ 117380746568.8057.623.240.602.63
TaiwanTWSE 30321013269.3162.863.050.442.60
SwedenSTOCKHOLM 2171397764.0655.403.450.862.59
The World 1734011779682667.9757.923.360.782.58
PortugalLISBON 1511673.3354.553.000.642.36
Austria WIENERBORSE 665100.0083.332.500.172.33
JapanTOKYO 108472840767.1655.913.000.722.28
ChinaSSE 133799164274.1264.782.850.572.28
DenmarkCOPENHAGEN 40301275.0040.003.000.732.27
MexicoBMV 57412571.9360.982.610.512.10
ChinaSZSE 1588117571573.9960.852.870.792.09
Vietnam HNX 64351954.6954.294.462.432.03
AustraliaASX 96466.6766.672.170.172.00
TurkeyBIST 109790.0077.782.000.002.00
QatarQE 107470.0057.
ChileBCS 56402771.4367.502.100.381.73
SingaporeSGX 98583159.1853.453.672.001.67
CanadaTSX 50832517463.9853.542.160.661.50
ItalyBORSA 2221749278.3852.872.180.711.48
SwitzerlandSIX 132925969.7064.131.750.291.46
Saudi ArabiaTADAWUL 63412065.0848.782.220.781.44
RussiaMICEX 26151057.6966.671.870.471.40
MexicoBMV 85462.5080.001.800.401.40
Poland GPW 26211680.7776.191.430.051.38
NetherlandsAMSTERDAM 66472571.2153.191.600.231.36
MalaysiaBURSA 2831787562.9042.132.941.631.31
PortugalLISBON 1813872.2261.541.540.231.31
USNYSE 105475042371.1656.401.790.521.27
JapanTOKYO 25161264.0075.
PhilippinesPSE 20151175.0073.331.270.131.13
NorwayOSE 1610562.5050.
IsraelTASE 149764.2977.781.220.221.00
GermanyXETRA 26919010070.6352.631.470.470.99
FrancePARIS 29220411069.8653.921.700.720.99
AustraliaASX 2631536658.9442.582.631.660.96
Vietnam HOSE 2214863.6457.
NetherlandsAMSTERDAM 1814877.7857.
BelgiumBRUSSELS 1814877.7857.
SpainIBEX 1913768.4253.851.150.230.92
Greece ATHENS 1713876.4761.541.150.230.92
FrancePARIS 1713776.4753.851.150.230.92
Austria WIENERBORSE 1713776.4753.851.150.230.92
ItalyBORSA 1713776.4753.851.150.230.92
ThailandSET 1710458.8240.
IndiaNSE 2317973.9152.940.940.060.88
FOREXFOREX 26171165.3864.710.940.060.88
GermanyXETRA 1814777.7850.
South KoreaKOSDAQ 2114966.6764.
IndonesiaIDX 20141070.0071.430.790.070.71
PakistanKSE 2620976.9245.000.800.100.70
DenmarkCOPENHAGEN 1210783.3370.000.700.000.70
BangladeshDSE 149564.2955.560.890.220.67
UKLSE 148757.1487.500.630.000.63
TaiwanGTSM 95255.5640.001.200.600.60
SingaporeSGX 2017885.0047.060.710.120.59
ChileBCS 1412685.7150.000.670.170.50
BrazilBOVESPA 1412685.7150.001.170.670.50
SpainIBEX 44301868.1860.001.531.070.47
USFOREX 40261465.0053.850.540.080.46
UAEUAE 37251467.5756.000.640.200.44
ArgentinaBUE 21161176.1968.750.630.190.44
Hong KongHKEX 2921872.4138.100.760.330.43
CanadaTSX 22151068.1866.670.670.400.27
SwedenSTOCKHOLM 1815783.3346.670.470.270.20
MalaysiaBURSA 1410571.4350.000.600.400.20
ChinaSSE 2116676.1937.500.380.190.19
USPREFERRED 1741436582.1845.450.360.280.08
JapanSAPPORO 1000.
JapanNAGOYA 1312592.3141.671.331.50-0.17
SwitzerlandSIX 1711564.7145.450.180.45-0.27
USOTCBB 53260.0066.675.005.33-0.33
UAEUAE 216328.5750.000.500.83-0.33
CanadaCSE 2011355.0027.278.459.27-0.82
JapanFUKUOKA 221100.0050.000.503.00-2.50
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


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