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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 154643241.5650.0012.663.029.64
USOTC PINK 126371730458.5941.0811.845.586.26
Vietnam HNX 144935764.5861.
TurkeyBIST 1901278466.8466.146.580.665.92
ArgentinaBUE 57352561.4071.436.400.715.69
OmanMSM 139769.2377.786.000.445.56
IndiaBSE 56136121364.5358.846.521.075.46
EgyptEGX 50392178.0053.856.051.134.92
IndonesiaIDX 34623311767.3450.216.061.334.74
MalaysiaBURSA 47123711150.3246.846.252.094.16
Hong KongHKEX 104160428158.0246.525.861.834.03
CanadaTSX-V 3361787852.9843.827.763.933.83
KuwaitKSE 110683261.8247.064.661.013.65
USWARRANTS 36231163.8947.836.302.833.48
PakistanKSE 101643163.3748.445.201.753.45
IndiaNSE 39524213461.2755.374.130.853.28
AustraliaASX 65939419559.7949.494.921.663.26
IsraelTASE 34424413970.9356.973.860.703.16
UKLSE 83557531568.8654.784.201.053.15
South KoreaKOSDAQ 89757831364.4454.154.010.973.03
USNASDAQ 1655112153467.7347.644.361.333.02
ChileBCS 63442969.8465.913.320.432.89
SpainIBEX 66441766.6738.644.001.232.77
Poland GPW 2891717959.1746.204.982.262.72
BrazilBOVESPA 2491628465.0651.853.560.912.65
BangladeshDSE 132764457.5857.893.490.882.61
CanadaTSX 67345923468.2050.983.040.612.43
TurkeyBIST 29221575.8668.182.550.142.41
JapanFUKUOKA 54380.0075.002.500.252.25
TaiwanGTSM 50032417364.8053.403.150.912.24
PortugalLISBON 159760.0077.782.670.442.22
The World 30003200241017366.8350.733.311.092.21
SwedenSTOCKHOLM 50332317264.2153.253.561.372.20
JordanASE 51291256.8641.384.592.522.07
Saudi ArabiaTADAWUL 1611016362.7362.382.610.621.99
NorwayOSE 113642956.6445.313.201.231.97
USAMEX 2481767870.9744.322.530.561.97
ThailandSET 3301988060.0040.403.151.211.94
FOREXFOREX 79562970.8951.792.140.301.84
TaiwanTWSE 55135218163.8851.422.430.611.83
Vietnam HOSE 1891317269.3154.962.821.001.82
ChinaSSE 1572106857967.9454.212.630.801.82
FrancePARIS 45629413264.4744.902.510.821.69
DenmarkCOPENHAGEN 48381479.1736.842.821.131.68
ChinaSZSE 1906128963767.6349.422.731.071.66
JapanTOKYO 1747118859168.0049.752.581.011.57
South KoreaKRX 62942821368.0449.772.390.871.52
RussiaMICEX 1931165561.6646.222.501.031.47
MexicoBMV 83542665.0648.152.781.371.41
RussiaMICEX 90653372.2250.771.680.431.25
ArgentinaBUE 33251775.7668.001.320.081.24
USNYSE 134998248472.7949.291.680.581.10
BelgiumBRUSSELS 49281257.1442.861.710.681.04
PhilippinesPSE 111562150.4537.502.771.771.00
BrazilBOVESPA 34301888.2460.001.400.401.00
Poland GPW 64513479.6966.671.060.080.98
MexicoBMV 39281571.7953.571.180.210.96
QatarQE 41311575.6148.391.290.420.87
AustraliaASX 39271469.2351.850.930.110.81
NorwayOSE 51321562.7546.881.060.250.81
PakistanKSE 59462477.9752.170.890.200.70
IndiaNSE 38291576.3251.720.860.170.69
IsraelTASE 58442475.8654.550.840.200.64
TaiwanGTSM 33241272.7350.000.880.250.63
PortugalLISBON 45341775.5650.000.820.210.62
ChileBCS 57362363.1663.890.780.170.61
GermanyXETRA 56441217773.0542.961.140.540.60
JapanTOKYO 54342362.9667.650.940.350.59
Greece ATHENS 46361978.2652.780.750.190.56
Vietnam HOSE 55412074.5548.780.710.200.51
NetherlandsAMSTERDAM 48381979.1750.000.680.180.50
GermanyXETRA 46371880.4348.650.680.190.49
FrancePARIS 47371878.7248.650.680.190.49
ItalyBORSA 47371878.7248.650.680.190.49
Austria WIENERBORSE 43331676.7448.480.700.210.48
ThailandSET 58402068.9750.000.630.180.45
SpainIBEX 53381971.7050.000.660.210.45
UAEUAE 4023957.5039.131.571.130.43
PhilippinesPSE 63392061.9051.280.670.260.41
UKLSE 53442383.0252.270.660.250.41
ItalyBORSA 59142417571.7441.270.840.450.39
BelgiumBRUSSELS 47371878.7248.650.570.190.38
CanadaTSX 48272056.2574.070.670.300.37
ChinaSSE 52391975.0048.720.540.180.36
JapanNAGOYA 2618669.2333.331.280.940.33
UAEUAE 72522472.2246.150.540.210.33
USFOREX 85592869.4147.460.440.150.29
DenmarkCOPENHAGEN 59472479.6651.060.510.230.28
SingaporeSGX 76563073.6853.570.380.130.25
Hong KongHKEX 71592483.1040.680.470.240.24
USPREFERRED 2521848373.0245.110.650.420.22
MalaysiaBURSA 50361572.0041.670.560.330.22
NetherlandsAMSTERDAM 117903676.9240.000.800.610.19
SwitzerlandSIX 142993869.7238.380.790.630.16
Greece ATHENS 76542671.0548.151.411.280.13
IndonesiaIDX 38241363.1654.170.580.460.13
South KoreaKOSDAQ 64482475.0050.000.460.330.13
BangladeshDSE 3728975.6832.140.360.290.07
SwedenSTOCKHOLM 56432276.7951.160.300.260.05
JapanSAPPORO 1000.
Austria WIENERBORSE 1613581.2538.461.691.77-0.08
SwitzerlandSIX 57361363.1636.110.220.42-0.19
SingaporeSGX 120642553.3339.062.202.52-0.31
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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