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 41271265.8544.4411.331.899.44
CanadaCSE 107522348.6044.2313.754.429.33
TurkeyBIST 1721117164.5363.969.340.508.84
USOTC PINK 92153923159.9341.8510.584.446.14
OmanMSM 139769.2377.786.000.445.56
BangladeshDSE 150945262.6755.325.550.974.59
EgyptEGX 50381876.0047.375.761.184.58
IsraelTASE 2141559872.4363.234.920.584.34
UKLSE 95667038070.1956.635.210.884.32
IndiaBSE 78153826968.8950.005.491.364.13
BrazilBOVESPA 1821126161.5454.465.131.054.08
IndiaNSE 60238721464.2955.304.880.884.00
PakistanKSE 100623462.0054.844.611.053.56
Vietnam HNX 114663257.8948.485.292.243.05
MalaysiaBURSA 50028912657.8043.604.761.743.03
SpainIBEX 81633077.7847.623.971.052.92
ArgentinaBUE 33181254.5566.673.610.782.83
Hong KongHKEX 159695040359.5242.424.561.762.80
IndonesiaIDX 2521617863.8948.454.111.322.79
South KoreaKOSDAQ 105770536466.7051.633.801.112.69
CanadaTSX-V 3051666354.4337.956.844.262.58
AustraliaASX 59436917762.1247.974.141.622.52
USAMEX 2631789167.6851.123.120.642.48
USNASDAQ 1608108455967.4151.573.541.072.47
South KoreaKRX 91059130564.9551.613.350.882.47
NorwayOSE 141903963.8343.333.701.242.46
PhilippinesPSE 136763155.8840.793.801.412.39
SwedenSTOCKHOLM 48833117567.8352.873.361.142.22
ThailandSET 40724710060.6940.493.341.162.18
RussiaMICEX 2221547369.3747.402.990.872.12
The World 32821224021125968.3050.
TurkeyBIST 19161384.2181.
DenmarkCOPENHAGEN 73542273.9740.742.940.981.96
BelgiumBRUSSELS 65372156.9256.762.410.461.95
TaiwanGTSM 60439019464.5749.742.810.891.93
Poland GPW 1881126159.5754.463.972.071.90
JapanTOKYO 2137146075868.3251.922.831.001.83
TaiwanTWSE 70947225666.5754.242.420.611.81
JapanFUKUOKA 553100.0060.003.802.001.80
Vietnam HOSE 2341538165.3852.942.861.101.76
ChileBCS 99633863.6460.322.100.441.65
CanadaTSX 96367934270.5150.372.250.711.54
RussiaMICEX 75563174.6755.361.860.431.43
ChinaSSE 2624189194572.0749.972.421.011.41
Greece ATHENS 78492462.8248.982.511.101.41
ChinaSZSE 32392328111671.8747.942.611.211.40
PortugalLISBON 1914573.6835.712.431.071.36
ArgentinaBUE 28211475.0066.671.380.101.29
BrazilBOVESPA 27221581.4868.181.590.321.27
MexicoBMV 86593068.6050.852.020.751.27
Poland GPW 53423179.2573.811.260.051.21
SwitzerlandSIX 2171447566.3652.081.530.401.13
NorwayOSE 39251364.1052.
FrancePARIS 55137717868.4247.211.920.801.12
MexicoBMV 30201266.6760.001.350.251.10
AustraliaASX 2315965.2260.
GermanyXETRA 59644521874.6648.991.600.591.01
JapanTOKYO 40211752.5080.951.050.140.90
KuwaitKSE 86522260.4742.312.121.210.90
ItalyBORSA 57143719776.5345.081.500.600.90
USNYSE 1849137769874.4750.691.550.660.89
IsraelTASE 41322078.0562.501.090.220.88
Saudi ArabiaTADAWUL 1801185965.5650.001.780.930.85
IndiaNSE 28221378.5759.090.950.140.82
QatarQE 29201168.9755.001.400.600.80
SingaporeSGX 142793255.6340.512.972.320.66
TaiwanGTSM 2517768.0041.180.940.290.65
ChileBCS 43281865.1264.290.820.180.64
PakistanKSE 43361783.7247.220.860.220.64
NetherlandsAMSTERDAM 1541125072.7344.641.130.490.63
Vietnam HOSE 48351772.9248.570.770.230.54
CanadaTSX 35201657.1480.000.800.300.50
PortugalLISBON 35281380.0046.430.710.210.50
PhilippinesPSE 45291564.4451.720.760.280.48
FOREXFOREX 53371969.8151.350.760.300.46
Greece ATHENS 36301583.3350.000.630.200.43
UKLSE 34281582.3553.570.750.320.43
ChinaSSE 40281470.0050.000.610.210.39
DenmarkCOPENHAGEN 48371977.0851.350.540.160.38
NetherlandsAMSTERDAM 37321586.4946.880.560.190.38
GermanyXETRA 36311486.1145.160.550.190.35
FrancePARIS 37311483.7845.160.550.190.35
ItalyBORSA 37311483.7845.160.550.190.35
Austria WIENERBORSE 33271281.8244.440.560.220.33
ThailandSET 48311564.5848.390.550.230.32
SpainIBEX 41321578.0546.880.530.220.31
USFOREX 67472570.1553.190.470.170.30
UAEUAE 58411770.6941.460.560.270.29
BangladeshDSE 2618669.2333.330.560.280.28
SingaporeSGX 58442175.8647.730.410.160.25
IndonesiaIDX 31201164.5255.000.700.450.25
BelgiumBRUSSELS 36311486.1145.160.420.190.23
Hong KongHKEX 59491883.0536.730.510.290.22
MalaysiaBURSA 39291274.3641.380.520.310.21
South KoreaKOSDAQ 51371972.5551.350.460.270.19
SwedenSTOCKHOLM 49371975.5151.350.320.240.08
UAEUAE 45241053.3341.671.041.040.00
JapanNAGOYA 2721977.7842.861.381.380.00
JapanSAPPORO 1000.
USPREFERRED 29823210177.8543.530.390.41-0.02
SwitzerlandSIX 49301261.2240.000.230.40-0.17
Austria WIENERBORSE 75371.4360.001.802.00-0.20
USOTCBB 53260.0066.675.005.33-0.33
USWARRANTS 31033.330.000.007.00-7.00
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


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