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 37241164.8645.8312.582.0410.54
TurkeyBIST 1671066763.4763.219.260.538.74
OmanMSM 139769.2377.786.000.445.56
USOTC PINK 82148519960.1740.289.794.435.36
BangladeshDSE 144874960.4256.325.800.795.01
UKLSE 92564836470.2756.004.960.874.09
IsraelTASE 1861328270.9762.124.650.614.05
IndiaBSE 76552126068.2449.815.161.293.86
IndiaNSE 58737220363.5454.424.800.943.86
BrazilBOVESPA 1631055664.4253.334.621.103.52
EgyptEGX 43311372.0941.944.771.393.39
Vietnam HNX 109633257.8050.795.572.253.32
PakistanKSE 96583160.4253.454.291.073.22
CanadaCSE 94421647.8735.568.225.003.22
Hong KongHKEX 152090238359.3442.464.581.722.86
ArgentinaBUE 33181254.5566.673.610.782.83
Poland GPW 170995658.2456.574.591.972.62
South KoreaKOSDAQ 101767634666.6751.033.741.152.58
NorwayOSE 133873765.4142.533.771.252.52
IndonesiaIDX 2311547166.6746.103.751.232.51
USNASDAQ 1574105954267.4151.083.481.062.41
USAMEX 2551698666.6750.593.040.672.36
South KoreaKRX 89358329965.2951.293.220.882.34
SpainIBEX 80622777.5043.553.451.132.32
SwedenSTOCKHOLM 44830316067.6352.813.381.142.24
ThailandSET 3822279059.4239.653.381.152.23
PhilippinesPSE 129722955.8140.283.651.462.19
DenmarkCOPENHAGEN 66481972.7339.583.101.002.10
RussiaMICEX 1991366168.3444.853.040.972.07
TurkeyBIST 18151283.3380.
AustraliaASX 54834315962.5946.363.591.651.94
The World 31254212911058568.2049.662.961.071.89
ChileBCS 99643964.6560.942.280.391.89
JapanTOKYO 2058141072868.5151.632.821.001.82
Vietnam HOSE 2151407465.1252.862.891.091.81
TaiwanGTSM 54535217664.5950.002.670.901.77
TaiwanTWSE 66344023666.3753.642.270.621.64
Austria WIENERBORSE 1411878.5772.731.910.361.55
BelgiumBRUSSELS 63351955.5654.291.970.491.49
Greece ATHENS 72432059.7246.512.531.071.47
CanadaTSX 93765232369.5849.542.080.721.36
PortugalLISBON 1914573.6835.712.431.071.36
MexicoBMV 82583070.7351.722.050.761.29
ArgentinaBUE 26201376.9265.001.350.101.25
RussiaMICEX 68512775.0052.941.690.451.24
Poland GPW 53423179.2573.811.260.051.21
KuwaitKSE 77482262.3445.832.311.101.21
NorwayOSE 38241363.1654.171.330.131.21
ChinaSSE 2444176285872.0948.692.211.041.18
SwitzerlandSIX 2081417367.7951.771.550.401.16
ChinaSZSE 29992150100571.6946.742.371.241.13
FrancePARIS 53936717368.0947.141.890.771.11
MalaysiaBURSA 46426911258.1941.482.811.781.03
GermanyXETRA 56942520574.6948.241.570.600.96
BrazilBOVESPA 26211480.7766.671.290.330.95
CanadaTSX-V 2771485453.4336.495.184.240.94
USNYSE 1857137069573.8350.691.610.690.92
ItalyBORSA 54542219077.4345.021.530.620.91
JapanTOKYO 40211752.5080.951.050.140.90
Saudi ArabiaTADAWUL 1651045163.0349.041.780.880.90
IndiaNSE 26201276.9260.
MexicoBMV 27191170.3757.891.160.260.89
AustraliaASX 2114866.6757.
NetherlandsAMSTERDAM 1441064873.6145.281.190.380.81
PakistanKSE 38321584.2146.880.940.250.69
TaiwanGTSM 2416766.6743.751.000.310.69
QatarQE 26191073.0852.631.320.630.68
ChileBCS 39241561.5462.500.830.170.67
PhilippinesPSE 41251560.9860.000.880.240.64
Vietnam HOSE 40291672.5055.170.860.240.62
SingaporeSGX 137762955.4738.162.882.340.54
BangladeshDSE 2213659.0946.150.770.230.54
CanadaTSX 33191557.5878.950.840.320.53
PortugalLISBON 35281380.0046.430.710.210.50
JapanFUKUOKA 443100.0075.002.001.500.50
Greece ATHENS 36301583.3350.000.630.200.43
IndonesiaIDX 30191163.3357.890.740.320.42
FOREXFOREX 50361872.0050.000.720.310.42
DenmarkCOPENHAGEN 46361978.2652.780.560.170.39
ChinaSSE 38261368.4250.000.620.230.38
NetherlandsAMSTERDAM 37321586.4946.880.560.190.38
IsraelTASE 36271675.0059.260.630.260.37
ThailandSET 45281462.2250.000.570.210.36
FrancePARIS 37311483.7845.160.550.190.35
GermanyXETRA 36311486.1145.160.550.190.35
ItalyBORSA 37311483.7845.160.550.190.35
UAEUAE 50331466.0042.420.610.270.33
Austria WIENERBORSE 33271281.8244.440.560.220.33
SingaporeSGX 53401975.4747.500.450.130.33
SpainIBEX 39311479.4945.160.520.230.29
UKLSE 32261381.2550.000.580.350.23
BelgiumBRUSSELS 36311486.1145.160.420.190.23
USFOREX 60412168.3351.220.410.200.22
South KoreaKOSDAQ 47331870.2154.550.480.270.21
Hong KongHKEX 54451683.3335.560.510.310.20
JapanNAGOYA 2620976.9245.001.451.250.20
UAEUAE 43231053.4943.481.090.960.13
SwedenSTOCKHOLM 46351876.0951.430.340.230.11
MalaysiaBURSA 36261072.2238.460.380.310.08
JapanSAPPORO 1000.
USPREFERRED 2852229277.8941.440.340.41-0.06
SwitzerlandSIX 47291261.7041.380.240.41-0.17
USOTCBB 53260.0066.675.005.33-0.33
USWARRANTS 32066.670.000.007.00-7.00
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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