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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
The World 33115217541105366.3950.2817.111.0616.05
TurkeyBIST 23016311270.8768.718.760.618.15
Vietnam HNX 148885459.4661.368.811.107.71
USOTC PINK 91251423958.6644.6711.053.697.36
OmanMSM 139769.2377.786.000.445.56
IndonesiaIDX 45228914063.9448.446.751.495.26
MalaysiaBURSA 58030714052.9345.606.411.874.55
ArgentinaBUE 78574173.0871.935.200.704.50
CanadaCSE 127592746.4645.768.363.954.41
IndiaBSE 81555630768.2255.225.541.334.21
Hong KongHKEX 108662228057.3744.946.052.044.02
RussiaMICEX 1551025165.8150.004.961.003.96
KuwaitKSE 93632867.7444.444.971.123.84
USNASDAQ 1863125960667.5848.135.081.543.54
IndiaNSE 59137120762.7755.804.360.903.46
SpainIBEX 65401661.5440.004.661.253.41
DenmarkCOPENHAGEN 65472272.3146.814.031.023.01
Saudi ArabiaTADAWUL 145896261.3869.663.420.413.01
Poland GPW 38123912562.7352.304.641.722.92
TurkeyBIST 32241775.0070.833.000.132.88
ChileBCS 46302065.2266.673.270.422.86
ThailandSET 42625211259.1544.444.151.302.85
CanadaTSX-V 3411787852.2043.827.034.192.84
AustraliaASX 60835016257.5746.294.691.852.84
EgyptEGX 47371878.7248.653.750.942.81
BangladeshDSE 126724257.1458.333.630.832.79
Vietnam HOSE 2421719670.6656.143.600.842.76
IsraelTASE 45033319074.0057.063.560.872.70
UKLSE 91161133167.0754.173.701.062.64
JordanASE 58341658.6247.064.281.902.38
South KoreaKOSDAQ 119078038465.5549.233.531.182.35
TaiwanTWSE 63942222166.0452.372.890.652.24
ArgentinaBUE 38292076.3268.972.280.072.21
Greece ATHENS 83593471.0857.633.080.882.20
TaiwanGTSM 55537219667.0352.693.090.932.17
ChinaSSE 2136137775864.4755.052.930.852.08
BrazilBOVESPA 37324111964.6149.382.970.922.05
SwedenSTOCKHOLM 61737718661.1049.343.511.641.87
ChinaSZSE 2450161080965.7150.252.901.031.87
South KoreaKRX 85659730269.7450.592.690.951.74
NorwayOSE 124713058.0641.673.121.431.69
PakistanKSE 123824166.6750.003.161.501.67
PortugalLISBON 148557.1462.501.930.331.61
CanadaTSX 70747523567.1949.472.340.771.56
FrancePARIS 44629614466.3748.652.330.771.56
JapanTOKYO 2479169682968.4148.882.591.051.54
IndiaNSE 44331775.0051.521.610.181.42
PhilippinesPSE 138723352.1745.832.591.231.35
JapanFUKUOKA 73242.8666.671.730.501.23
RussiaMICEX 93683473.1250.001.600.411.19
UAEUAE 55351663.6445.712.120.981.14
SingaporeSGX 119662855.4642.422.821.761.05
USNYSE 1742124860271.6448.241.660.641.03
BrazilBOVESPA 35301885.7160.001.400.401.00
MexicoBMV 42291669.0555.
Poland GPW 72583880.5665.521.020.120.90
AustraliaASX 44291665.9155.
USAMEX 3162269871.5243.361.470.710.76
NorwayOSE 55341661.8247.
BelgiumBRUSSELS 48291160.4237.931.891.190.70
ChileBCS 64412664.0663.410.850.170.68
JapanTOKYO 57372664.9170.271.000.320.68
PakistanKSE 61482578.6952.080.880.230.65
Greece ATHENS 49382177.5555.260.820.180.63
IsraelTASE 61452473.7753.330.820.200.62
UKLSE 65523080.0057.690.830.210.62
Vietnam HOSE 57422173.6850.000.790.190.60
PortugalLISBON 49371975.5151.350.810.220.59
ThailandSET 65452469.2353.330.760.180.58
TaiwanGTSM 38281373.6846.430.790.210.57
NetherlandsAMSTERDAM 52412278.8553.660.730.170.56
QatarQE 50351770.0048.571.040.500.55
Austria WIENERBORSE 47361876.6050.000.750.220.53
ItalyBORSA 52412178.8551.220.710.200.51
GermanyXETRA 51412180.3951.220.710.200.51
FrancePARIS 52412178.8551.220.710.200.51
SpainIBEX 57412171.9351.220.710.220.49
GermanyXETRA 69050022272.4644.401.070.580.49
CanadaTSX 55322458.1875.000.720.250.47
BelgiumBRUSSELS 51402178.4352.500.630.180.45
BangladeshDSE 40311077.5032.260.680.260.42
FOREXFOREX 79542768.3550.000.690.280.41
ChinaSSE 55401972.7347.500.530.180.35
DenmarkCOPENHAGEN 61492680.3353.060.570.220.35
IndonesiaIDX 40261465.0053.850.810.460.35
PhilippinesPSE 69452265.2248.890.620.290.33
USFOREX 93643068.8246.880.470.140.33
UAEUAE 83582669.8844.830.480.210.28
MalaysiaBURSA 56401871.4345.000.580.300.28
JapanNAGOYA 3324772.7329.171.501.250.25
SingaporeSGX 85623172.9450.000.370.160.21
Hong KongHKEX 76632582.8939.680.460.250.21
ItalyBORSA 58341817371.7041.390.710.520.20
NetherlandsAMSTERDAM 127933973.2341.940.880.720.16
SwedenSTOCKHOLM 63462473.0252.170.370.260.11
South KoreaKOSDAQ 67502474.6348.000.440.340.10
Austria WIENERBORSE 40321680.0050.
USWARRANTS 330060.610.
USPREFERRED 2570072.370.
JapanSAPPORO 1000.
SwitzerlandSIX 1421034372.5441.750.650.69-0.04
MexicoBMV 77461959.7441.301.531.58-0.05
SwitzerlandSIX 62401664.5240.000.280.40-0.13
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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