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 103644262.1465.6311.080.6410.44
CanadaCSE 70341650.0045.7113.714.699.03
EgyptEGX 39271569.2355.567.070.896.19
USOTC PINK 54132214460.8143.779.554.125.43
IndonesiaIDX 1421004770.4247.
ArgentinaBUE 2212854.5566.675.170.754.42
Vietnam HNX 75462361.3350.006.372.334.04
OmanMSM 553100.0060.004.600.803.80
IndiaNSE 36823313563.5957.694.680.903.78
Austria WIENERBORSE 109890.0088.893.780.113.67
JapanFUKUOKA 443100.0075.004.501.003.50
IsraelTASE 100744374.0058.114.010.573.45
Hong KongHKEX 90458526764.8245.564.901.533.37
MexicoBMV 52391875.0046.154.150.793.36
NorwayOSE 101703169.3144.294.441.143.30
Poland GPW 112713564.2948.615.101.863.24
IndiaBSE 46831416067.0950.964.521.333.19
UKLSE 73953729172.8054.094.020.913.11
BrazilBOVESPA 101622861.3945.
SpainIBEX 57461980.7041.304.091.172.91
AustraliaASX 38124111963.5249.173.991.172.82
BangladeshDSE 81402549.3862.503.430.632.80
PhilippinesPSE 98542755.1050.003.801.022.78
USNASDAQ 118180341767.9951.933.821.082.75
South KoreaKOSDAQ 59037919064.2450.133.741.012.73
ThailandSET 2061285662.1443.753.560.982.59
Vietnam HOSE 137935267.8855.913.330.852.48
USAMEX 124835066.9460.243.430.962.47
BelgiumBRUSSELS 59332255.9366.673.000.552.45
TaiwanGTSM 32920211361.4055.943.120.832.30
PakistanKSE 55351363.6437.143.571.462.11
TaiwanTWSE 43128414865.8952.112.600.552.05
TurkeyBIST 14121085.7183.332.000.002.00
RussiaMICEX 81462056.7943.482.830.851.98
South KoreaKRX 48130717363.8356.352.600.681.92
The World 2226715318776568.8650.642.871.011.86
SwedenSTOCKHOLM 28819110266.3253.402.931.171.76
RussiaMICEX 51362170.5958.332.170.471.69
JapanTOKYO 1622115158371.0250.612.540.921.62
ChileBCS 76583176.3253.452.070.551.52
JordanASE 2716759.2643.753.942.441.50
DenmarkCOPENHAGEN 48371277.0832.432.491.051.43
CanadaTSX 71850823770.7546.652.140.791.35
MexicoBMV 20141070.0071.431.500.211.29
USNYSE 1580117462174.3052.901.890.631.26
JapanTOKYO 33161448.4887.501.310.061.25
SingaporeSGX 125773261.6041.562.911.901.01
ArgentinaBUE 24181275.0066.671.110.111.00
UAEUAE 249337.5033.331.890.891.00
PortugalLISBON 1614487.5028.572.361.361.00
MalaysiaBURSA 2781676460.0738.322.961.970.99
Poland GPW 43342379.0767.651.030.060.97
ChinaSSE 1783124860369.9948.322.011.050.96
GermanyXETRA 38528414273.7750.001.550.610.94
IndiaNSE 2115871.4353.331.070.130.93
BrazilBOVESPA 1915978.9560.001.330.400.93
FrancePARIS 40627613567.9848.911.680.750.93
AustraliaASX 1513886.6761.541.080.150.92
Vietnam HOSE 32221468.7563.641.090.180.91
NorwayOSE 29191065.5252.631.050.160.89
ChinaSZSE 2303160474769.6546.572.091.210.88
CanadaTSX-V 1801003855.5638.004.884.030.85
NetherlandsAMSTERDAM 97723574.2348.611.220.400.82
TaiwanGTSM 1611668.7554.551.180.360.82
Saudi ArabiaTADAWUL 118763364.4143.421.831.030.80
KuwaitKSE 70401757.1442.501.781.000.78
SwitzerlandSIX 136854262.5049.411.040.360.67
ItalyBORSA 41831515475.3648.891.430.770.67
JapanNAGOYA 1612475.0033.331.671.000.67
PakistanKSE 30241180.0045.830.830.210.63
CanadaTSX 26171365.3876.470.940.350.59
Greece ATHENS 2412650.0050.001.831.250.58
PhilippinesPSE 32191259.3863.160.840.260.58
BangladeshDSE 189450.0044.440.780.220.56
UKLSE 24181175.0061.110.830.280.56
ChileBCS 29211272.4157.140.710.190.52
DenmarkCOPENHAGEN 35271777.1462.960.670.150.52
PortugalLISBON 24181075.0055.560.720.220.50
QatarQE 2316869.5750.001.250.750.50
IndonesiaIDX 2114966.6764.290.640.140.50
IsraelTASE 26181269.2366.670.720.280.44
UAEUAE 35251071.4340.000.720.280.44
ThailandSET 3319957.5847.370.630.210.42
FOREXFOREX 37261470.2753.850.650.270.38
ChinaSSE 28191067.8652.630.530.160.37
NetherlandsAMSTERDAM 25201180.0055.000.550.200.35
BelgiumBRUSSELS 25201180.0055.000.550.200.35
SingaporeSGX 39311379.4941.940.480.160.32
FrancePARIS 25191076.0052.630.530.210.32
GermanyXETRA 24191079.1752.630.530.210.32
ItalyBORSA 25191076.0052.630.530.210.32
USFOREX 45321771.1153.130.470.160.31
Greece ATHENS 25191176.0057.890.470.210.26
South KoreaKOSDAQ 32201362.5065.000.450.200.25
Austria WIENERBORSE 2317973.9152.940.470.240.24
SwedenSTOCKHOLM 32251478.1356.000.360.160.20
MalaysiaBURSA 2716759.2643.750.440.250.19
Hong KongHKEX 43351281.4034.290.490.310.17
SpainIBEX 27201074.0750.000.400.250.15
USPREFERRED 2591968375.6842.350.440.420.02
JapanSAPPORO 1000.
SwitzerlandSIX 2819867.8642.110.370.47-0.11
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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