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 36231063.8943.4812.652.1310.52
TurkeyBIST 1661066863.8664.159.440.528.92
OmanMSM 139769.2377.786.000.445.56
USOTC PINK 80148720461.5541.389.944.385.55
BangladeshDSE 140844760.0055.955.940.825.12
UKLSE 91464336170.4656.064.990.884.10
IsraelTASE 1851328371.3562.884.670.604.07
BrazilBOVESPA 152985664.4757.144.940.963.98
IndiaNSE 57336820164.4054.474.810.943.88
IndiaBSE 75351225667.9950.
EgyptEGX 42301271.4340.004.901.403.50
Vietnam HNX 108633158.3349.215.492.113.38
PakistanKSE 96583160.4253.454.291.073.22
Hong KongHKEX 146987437159.5042.454.621.712.91
ArgentinaBUE 34181252.9466.673.610.782.83
NorwayOSE 128843765.6344.053.901.132.77
IndonesiaIDX 2231507067.2646.673.911.232.68
Poland GPW 166995759.6457.584.601.922.68
South KoreaKOSDAQ 100466834566.7351.493.741.132.62
USNASDAQ 1549104753967.7251.383.591.032.57
CanadaCSE 91401547.2534.887.635.192.44
PhilippinesPSE 124692955.6542.033.811.382.43
South KoreaKRX 87757429765.4551.743.250.842.41
USAMEX 2501678466.8050.303.040.702.34
SpainIBEX 76612680.2642.623.431.152.28
ThailandSET 3742208758.8239.553.321.132.19
Austria WIENERBORSE 1312992.3175.002.500.332.17
DenmarkCOPENHAGEN 66481972.7339.583.100.962.15
RussiaMICEX 1961356268.8845.933.070.982.10
SwedenSTOCKHOLM 45330716267.7752.773.231.142.09
Vietnam HOSE 2061347165.0552.992.950.991.96
TurkeyBIST 17141182.3578.572.000.071.93
The World 30714209721046968.3449.882.961.051.91
TaiwanGTSM 52834217664.7751.462.750.841.91
AustraliaASX 54134115963.0346.633.501.651.86
JapanTOKYO 2014138371968.6751.992.820.981.83
TaiwanTWSE 64043023467.1954.422.290.581.70
CanadaTSX-V 2661385351.8838.415.594.061.53
JapanFUKUOKA 664100.0066.673.171.671.50
BelgiumBRUSSELS 63351955.5654.291.970.491.49
Greece ATHENS 70432061.4346.512.531.071.47
ChileBCS 99643764.6557.811.810.421.39
PortugalLISBON 1914573.6835.712.431.071.36
CanadaTSX 92464231469.4848.912.090.741.35
MexicoBMV 82583070.7351.722.050.741.31
ArgentinaBUE 26201376.9265.001.350.101.25
Poland GPW 52413078.8573.
RussiaMICEX 67502674.6352.001.660.461.20
SwitzerlandSIX 2051397367.8052.521.580.401.18
FrancePARIS 53736917668.7247.701.910.761.15
ChinaSSE 2413173984672.0748.652.151.031.12
ChinaSZSE 2963212198671.5846.492.271.231.04
GermanyXETRA 56141620174.1548.321.600.591.01
KuwaitKSE 81482059.2641.672.231.231.00
MalaysiaBURSA 45226511058.6341.512.801.820.98
USNYSE 1839135469373.6851.141.620.660.96
Saudi ArabiaTADAWUL 1581025064.5649.021.800.860.94
ItalyBORSA 53841819177.7045.691.540.620.92
JapanTOKYO 38211755.2680.951.050.140.90
BrazilBOVESPA 25201380.0065.001.250.350.90
MexicoBMV 27191170.3757.891.160.260.89
IndiaNSE 25191176.0057.891.000.110.89
AustraliaASX 2114866.6757.
NetherlandsAMSTERDAM 1401024672.8645.101.180.340.83
NorwayOSE 37221159.4650.000.910.140.77
PakistanKSE 37301581.0850.
BangladeshDSE 2111652.3854.550.910.180.73
TaiwanGTSM 2316769.5743.751.000.310.69
QatarQE 26191073.0852.631.320.630.68
PhilippinesPSE 40241560.0062.500.920.250.67
ChileBCS 39241561.5462.500.830.170.67
Vietnam HOSE 40291672.5055.170.860.240.62
PortugalLISBON 32261381.2550.000.770.150.62
Greece ATHENS 34281582.3553.570.680.140.54
CanadaTSX 33191557.5878.950.840.320.53
NetherlandsAMSTERDAM 35301585.7150.000.600.130.47
GermanyXETRA 34291485.2948.280.590.140.45
FrancePARIS 35291482.8648.280.590.140.45
ItalyBORSA 35291482.8648.280.590.140.45
DenmarkCOPENHAGEN 43341879.0752.940.560.120.44
Austria WIENERBORSE 31251280.6548.000.600.160.44
FOREXFOREX 48351772.9248.570.740.310.43
SingaporeSGX 138792957.2536.712.772.380.39
IsraelTASE 34261676.4761.540.650.270.38
SpainIBEX 36281377.7846.430.540.180.36
UAEUAE 48321366.6740.630.630.280.34
ThailandSET 45281362.2246.430.540.210.32
BelgiumBRUSSELS 34291485.2948.280.450.140.31
SingaporeSGX 53391873.5846.150.440.130.31
JapanNAGOYA 2519976.0047.371.531.260.26
ChinaSSE 36251269.4448.000.480.240.24
UKLSE 32261381.2550.000.580.350.23
South KoreaKOSDAQ 45311768.8954.840.480.260.23
Hong KongHKEX 54451683.3335.560.510.290.22
USFOREX 58412170.6951.220.410.200.22
IndonesiaIDX 29181062.0755.560.500.330.17
UAEUAE 4222952.3840.911.141.000.14
SwedenSTOCKHOLM 46351876.0951.430.340.230.11
JapanSAPPORO 1000.
MalaysiaBURSA 3525971.4336.000.320.320.00
USPREFERRED 2902289478.6241.230.350.39-0.04
SwitzerlandSIX 44261159.0942.310.270.46-0.19
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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