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
TurkeyBIST 1701096964.1263.309.030.538.50
CanadaCSE 95441747.3737.7811.564.916.64
OmanMSM 139769.2377.786.000.445.56
EgyptEGX 47351674.4745.716.461.265.20
USOTC PINK 82749020560.2241.169.644.445.19
BangladeshDSE 148914861.4952.755.541.014.53
IndiaBSE 76452826669.1150.385.571.304.26
UKLSE 93565337070.1656.405.020.864.17
IsraelTASE 1941388771.1363.044.680.554.13
IndiaNSE 58837621063.9555.854.990.884.12
BrazilBOVESPA 1671075864.0754.
PakistanKSE 98593260.2054.244.311.053.25
Vietnam HNX 116673357.7649.
Hong KongHKEX 154792039059.4742.394.571.732.84
ArgentinaBUE 33181254.5566.673.610.782.83
IndonesiaIDX 2361567466.1047.444.151.332.82
SpainIBEX 79632879.7544.443.761.112.65
South KoreaKOSDAQ 102768735266.8951.243.721.132.59
NorwayOSE 135863763.7043.023.841.262.58
USAMEX 2591759067.5751.433.220.662.57
CanadaTSX-V 2951545952.2038.316.564.062.51
USNASDAQ 1577106454567.4751.223.481.062.42
South KoreaKRX 91960031065.2951.673.240.932.31
AustraliaASX 56334816561.8147.413.901.612.28
SwedenSTOCKHOLM 46131016567.2553.233.351.142.21
PhilippinesPSE 131733055.7341.103.631.442.19
ThailandSET 3952369359.7539.413.351.192.16
DenmarkCOPENHAGEN 68492072.0640.823.120.982.14
RussiaMICEX 2121456768.4046.213.030.922.11
TurkeyBIST 18151283.3380.
TaiwanGTSM 57637418964.9350.532.840.881.96
The World 31904217661090468.2650.
Poland GPW 1741065860.9254.723.822.021.80
JapanTOKYO 2076142373868.5551.862.821.021.80
TaiwanTWSE 68645924666.9153.592.400.611.79
Vietnam HOSE 2241477865.6353.062.841.121.71
ChileBCS 98633864.2960.322.100.401.70
JordanASE 37241164.8645.833.542.041.50
BelgiumBRUSSELS 63351955.5654.291.970.491.49
Greece ATHENS 73442060.2745.452.481.051.43
CanadaTSX 94666533270.3049.922.120.721.39
PortugalLISBON 1914573.6835.712.431.071.36
MexicoBMV 82583070.7351.722.050.761.29
BrazilBOVESPA 27221581.4868.181.590.321.27
ArgentinaBUE 27201374.0765.001.350.101.25
ChinaSSE 2546183690272.1149.
Poland GPW 53423179.2573.811.260.051.21
RussiaMICEX 71522873.2453.851.650.441.21
NorwayOSE 38241363.1654.171.330.131.21
ChinaSZSE 31312234105671.3547.272.421.221.20
MalaysiaBURSA 47427511658.0242.182.931.781.16
SwitzerlandSIX 2131427466.6752.111.550.391.15
MexicoBMV 28201271.4360.001.350.251.10
FrancePARIS 54537317668.4447.181.860.781.08
KuwaitKSE 82512362.2045.
GermanyXETRA 58043421174.8348.621.560.600.95
ItalyBORSA 55742519376.3045.411.540.610.92
JapanTOKYO 40211752.5080.951.050.140.90
USNYSE 1829135269073.9251.041.570.670.90
AustraliaASX 2114866.6757.
IndiaNSE 28221378.5759.090.950.140.82
QatarQE 27201174.0755.001.400.600.80
Saudi ArabiaTADAWUL 1751135564.5748.671.760.960.80
NetherlandsAMSTERDAM 1461074873.2944.861.180.380.79
TaiwanGTSM 2416766.6743.751.000.310.69
JapanFUKUOKA 332100.0066.672.672.000.67
Vietnam HOSE 43301769.7756.670.900.230.67
PakistanKSE 40331682.5048.480.910.240.67
ChileBCS 42271764.2962.960.810.190.63
SingaporeSGX 138763055.0739.472.992.380.61
Austria WIENERBORSE 1513886.6761.541.621.080.54
PortugalLISBON 35281380.0046.430.710.210.50
IsraelTASE 38281773.6860.710.750.250.50
CanadaTSX 35201657.1480.000.800.300.50
BangladeshDSE 2314660.8742.860.710.210.50
PhilippinesPSE 45291564.4451.720.760.280.48
FOREXFOREX 51371972.5551.350.760.300.46
Greece ATHENS 36301583.3350.000.630.200.43
ChinaSSE 39271469.2351.850.630.220.41
UAEUAE 53351666.0445.710.660.260.40
DenmarkCOPENHAGEN 46361978.2652.780.560.170.39
ThailandSET 46291563.0451.720.590.210.38
NetherlandsAMSTERDAM 37321586.4946.880.560.190.38
GermanyXETRA 36311486.1145.160.550.190.35
FrancePARIS 37311483.7845.160.550.190.35
ItalyBORSA 37311483.7845.160.550.190.35
Austria WIENERBORSE 33271281.8244.440.560.220.33
SingaporeSGX 54412075.9348.780.440.120.32
SpainIBEX 41321578.0546.880.530.220.31
USFOREX 63442469.8454.550.450.180.27
IndonesiaIDX 31201164.5255.000.700.450.25
UKLSE 32261381.2550.000.580.350.23
Hong KongHKEX 58481882.7637.500.520.290.23
South KoreaKOSDAQ 49351971.4354.290.490.260.23
BelgiumBRUSSELS 36311486.1145.160.420.190.23
JapanNAGOYA 2520980.0045.001.451.250.20
MalaysiaBURSA 37271172.9740.740.440.300.15
UAEUAE 43231053.4943.481.090.960.13
SwedenSTOCKHOLM 47351874.4751.430.340.230.11
JapanSAPPORO 1000.
USPREFERRED 2782159077.3441.860.340.42-0.08
SwitzerlandSIX 47291261.7041.380.240.41-0.17
USOTCBB 53260.0066.675.005.33-0.33
USWARRANTS 31033.330.000.007.00-7.00
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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