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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
TurkeyBIST 126805163.4963.759.890.549.35
CanadaCSE 82391848.7845.0013.254.288.98
EgyptEGX 45321471.1143.755.691.314.38
ArgentinaBUE 2513952.0069.234.920.624.31
UKLSE 82358932371.5754.844.900.894.01
USOTC PINK 64438816160.7141.188.524.613.91
OmanMSM 553100.0060.004.600.803.80
NorwayOSE 108753469.4445.334.891.093.80
IndonesiaIDX 1791306172.6346.925.031.293.74
Vietnam HNX 82492259.7644.905.962.273.69
IsraelTASE 121925476.0358.704.080.543.53
JapanFUKUOKA 443100.0075.004.501.003.50
IndiaBSE 54337019468.1452.434.661.233.43
Poland GPW 121764064.4651.284.901.553.35
IndiaNSE 44628015463.0054.804.260.953.32
MexicoBMV 56422175.0050.004.020.743.29
Hong KongHKEX 104765929463.2344.414.611.632.98
Austria WIENERBORSE 13121092.3183.333.000.082.92
JordanASE 2918962.0750.
AustraliaASX 43527713763.6849.463.961.152.81
BrazilBOVESPA 122814166.3950.623.861.092.78
SpainIBEX 64522181.2540.383.831.152.67
USNASDAQ 136292447468.0651.133.621.092.53
PhilippinesPSE 118622952.5446.773.611.102.52
ThailandSET 2441456359.4343.453.500.992.51
South KoreaKOSDAQ 68744722665.2150.453.411.022.38
PakistanKSE 64401662.5040.003.801.532.28
Vietnam HOSE 1611065765.8453.773.150.952.20
BelgiumBRUSSELS 64372457.8164.862.760.622.14
TaiwanGTSM 40325413563.0353.152.990.892.11
BangladeshDSE 94492652.1353.062.800.782.02
TaiwanTWSE 51034017666.6751.762.530.571.96
SwedenSTOCKHOLM 34822812065.5252.632.981.091.89
The World 2539717510883969.0250.432.821.011.81
TurkeyBIST 15131086.6776.921.850.081.77
South KoreaKRX 58838621065.6554.402.320.721.60
JapanTOKYO 1877132467370.5450.832.570.971.60
USAMEX 2091477170.3348.302.330.781.55
SingaporeSGX 130793360.7741.773.562.031.53
ChileBCS 86633873.2660.321.970.511.46
RussiaMICEX 107672963.5542.652.380.941.44
PortugalLISBON 1816688.8937.502.631.191.44
CanadaTSX 80557727871.6848.182.150.781.37
RussiaMICEX 61442572.1356.821.820.451.36
ArgentinaBUE 25191376.0068.421.420.111.32
Saudi ArabiaTADAWUL 147934663.2749.462.140.881.26
KuwaitKSE 81492060.4940.822.331.081.24
DenmarkCOPENHAGEN 53431581.1334.882.261.021.23
USNYSE 1758132468975.3152.041.810.651.16
Poland GPW 51402978.4372.501.200.051.15
MexicoBMV 24171170.8364.711.290.181.12
MalaysiaBURSA 3211867357.9439.253.061.951.11
CanadaTSX-V 2041124454.9039.
ChinaSSE 1899133064270.0448.
IndiaNSE 2216972.7356.
FrancePARIS 45230314867.2648.681.670.710.96
BrazilBOVESPA 23181278.2666.671.280.330.94
GermanyXETRA 45533717174.0750.741.470.550.92
ChinaSZSE 2442170679869.8646.782.121.210.92
JapanTOKYO 38211755.2680.951.050.140.90
ItalyBORSA 48237018877.1850.541.580.690.89
AustraliaASX 1914873.6857.
SwitzerlandSIX 155994963.8749.491.210.360.85
NetherlandsAMSTERDAM 106814176.4250.621.230.400.84
NorwayOSE 34211161.7652.380.950.140.81
TaiwanGTSM 2215768.1846.671.070.330.73
PakistanKSE 33261378.7950.000.920.190.73
ChileBCS 38241563.1662.500.830.170.67
Vietnam HOSE 38281673.6857.140.890.250.64
BangladeshDSE 2010550.0050.000.800.200.60
CanadaTSX 30171356.6776.470.940.350.59
UAEUAE 2913544.8338.461.541.000.54
PhilippinesPSE 39231458.9760.870.780.260.52
DenmarkCOPENHAGEN 38301778.9556.670.630.130.50
PortugalLISBON 29231279.3152.170.650.170.48
Greece ATHENS 39241261.5450.001.711.250.46
FOREXFOREX 46341773.9150.000.760.320.44
QatarQE 30201166.6755.001.200.800.40
Greece ATHENS 31251480.6556.000.560.160.40
UAEUAE 45311368.8941.940.650.290.35
UKLSE 30231376.6756.520.650.300.35
SingaporeSGX 46351776.0948.570.490.140.34
BelgiumBRUSSELS 32271484.3851.850.480.150.33
ChinaSSE 34241270.5950.000.500.170.33
IsraelTASE 29211372.4161.900.670.330.33
NetherlandsAMSTERDAM 32271484.3851.850.480.150.33
ItalyBORSA 32261381.2550.000.460.150.31
FrancePARIS 32261381.2550.000.460.150.31
GermanyXETRA 31261383.8750.000.460.150.31
Austria WIENERBORSE 28221178.5750.000.450.180.27
Hong KongHKEX 50411582.0036.590.560.320.24
USFOREX 53371969.8151.350.430.190.24
South KoreaKOSDAQ 43291667.4455.170.480.240.24
ThailandSET 39251264.1048.000.480.240.24
IndonesiaIDX 27171062.9658.820.530.290.24
JapanNAGOYA 2014470.0028.571.431.210.21
SpainIBEX 33251275.7648.000.400.200.20
SwedenSTOCKHOLM 39321782.0553.130.340.190.16
USPREFERRED 30823310675.6545.490.470.360.12
MalaysiaBURSA 3221865.6338.100.380.290.10
JapanSAPPORO 1000.
SwitzerlandSIX 38231160.5347.830.300.48-0.17
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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