BULLISH THREE OUTSIDE UP
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 OUTSIDE UP
Definition
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
OmanMSM 139769.2377.786.000.445.56
TurkeyBIST 29221575.8668.182.550.142.41
ArgentinaBUE 34251773.5368.001.320.081.24
RussiaMICEX 91663372.5350.001.650.421.23
BrazilBOVESPA 34301888.2460.001.400.401.00
MexicoBMV 39281571.7953.571.180.210.96
Poland GPW 65523580.0067.311.040.080.96
AustraliaASX 40271467.5051.850.930.110.81
NorwayOSE 52321561.5446.881.060.250.81
ChileBCS 58372463.7964.860.890.160.73
IndiaNSE 38291576.3251.720.860.170.69
PakistanKSE 61482578.6952.080.880.230.65
JapanTOKYO 56362564.2969.440.970.330.64
IsraelTASE 59452476.2753.330.820.200.62
PortugalLISBON 45341775.5650.000.820.210.62
TaiwanGTSM 34251273.5348.000.840.240.60
Greece ATHENS 46361978.2652.780.750.190.56
UKLSE 58482782.7656.250.750.230.52
Vietnam HOSE 55412074.5548.780.710.200.51
NetherlandsAMSTERDAM 48381979.1750.000.680.180.50
ItalyBORSA 47371878.7248.650.680.190.49
GermanyXETRA 46371880.4348.650.680.190.49
FrancePARIS 47371878.7248.650.680.190.49
Austria WIENERBORSE 43331676.7448.480.700.210.48
ThailandSET 61422168.8550.000.640.190.45
BangladeshDSE 38291076.3234.480.720.280.45
SpainIBEX 53381971.7050.000.660.210.45
FOREXFOREX 77532768.8350.940.700.280.42
BelgiumBRUSSELS 47371878.7248.650.570.190.38
PhilippinesPSE 67442265.6750.000.640.270.36
ChinaSSE 54391972.2248.720.540.180.36
CanadaTSX 50282156.0075.000.640.290.36
UAEUAE 73532472.6045.280.530.210.32
USFOREX 85592869.4147.460.440.150.29
DenmarkCOPENHAGEN 59472479.6651.060.510.230.28
SingaporeSGX 79583073.4251.720.360.140.22
MalaysiaBURSA 51361570.5941.670.560.330.22
Hong KongHKEX 72602483.3340.000.470.250.22
RussiaMICEX 2082262.981.530.180.000.18
South KoreaKOSDAQ 64482475.0050.000.460.330.13
The World 297902068111166.475.610.160.040.12
DenmarkCOPENHAGEN 521178.852.440.110.000.11
IndonesiaIDX 39251364.1052.000.560.480.08
USNASDAQ 18771168.090.080.050.000.05
SwedenSTOCKHOLM 57432275.4451.160.300.260.05
JapanNAGOYA 301163.335.260.040.000.04
TaiwanTWSE 5822264.090.540.030.000.03
KuwaitKSE 1131161.951.430.020.000.02
ItalyBORSA 6121172.390.230.010.000.01
IndiaNSE 4471160.850.370.010.000.01
UKLSE 8991169.300.160.000.000.00
JapanTOKYO 19681168.090.070.000.000.00
Poland GPW 3120059.940.000.000.000.00
PakistanKSE 1090063.300.000.000.000.00
PhilippinesPSE 1180050.850.000.000.000.00
PortugalLISBON 160056.250.000.000.000.00
SingaporeSGX 1260053.170.000.000.000.00
SwedenSTOCKHOLM 5360064.550.000.000.000.00
USWARRANTS 330060.610.000.000.000.00
USPREFERRED 2570072.370.000.000.000.00
USOTC PINK 7080060.590.000.000.000.00
Vietnam HOSE 2030067.980.000.000.000.00
Vietnam HNX 1580062.030.000.000.000.00
USNYSE 16250071.380.000.000.000.00
TurkeyBIST 2040067.160.000.000.000.00
ThailandSET 3750060.000.000.000.000.00
USAMEX 2700070.740.000.000.000.00
AustraliaASX 6180059.060.000.000.000.00
Austria WIENERBORSE 180077.780.000.000.000.00
BangladeshDSE 1390058.270.000.000.000.00
ArgentinaBUE 670064.180.000.000.000.00
BelgiumBRUSSELS 520055.770.000.000.000.00
BrazilBOVESPA 2930064.510.000.000.000.00
CanadaCSE 1440041.670.000.000.000.00
CanadaTSX-V 3520051.990.000.000.000.00
CanadaTSX 7040067.610.000.000.000.00
ChinaSZSE 20600066.890.000.000.000.00
ChileBCS 660066.670.000.000.000.00
GermanyXETRA 5870072.400.000.000.000.00
SwitzerlandSIX 1500068.000.000.000.000.00
Greece ATHENS 840070.240.000.000.000.00
FrancePARIS 4700065.530.000.000.000.00
Hong KongHKEX 10800058.060.000.000.000.00
SpainIBEX 700065.710.000.000.000.00
JordanASE 520055.770.000.000.000.00
South KoreaKOSDAQ 9850065.280.000.000.000.00
South KoreaKRX 6810067.400.000.000.000.00
JapanFUKUOKA 60083.330.000.000.000.00
IndiaBSE 6270066.190.000.000.000.00
IndonesiaIDX 3980067.590.000.000.000.00
NorwayOSE 1190057.980.000.000.000.00
NetherlandsAMSTERDAM 1160076.720.000.000.000.00
MexicoBMV 890062.920.000.000.000.00
UAEUAE 460056.520.000.000.000.00
Saudi ArabiaTADAWUL 1740062.070.000.000.000.00
QatarQE 430072.090.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
EgyptEGX 500080.000.000.000.000.00
ChinaSSE 18701066.740.000.000.000.00
TaiwanGTSM 5362065.110.000.000.01-0.01
IsraelTASE 3881071.390.000.000.01-0.01
MalaysiaBURSA 4991050.900.000.000.02-0.02
SwitzerlandSIX 58371363.7935.140.220.43-0.22
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

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.