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
CanadaCSE 75361849.3348.6514.224.0010.22
TurkeyBIST 117734662.3963.019.680.589.11
EgyptEGX 43291567.4451.726.341.105.24
USOTC PINK 61437716061.4042.449.164.594.58
IndonesiaIDX 1621175472.2246.155.651.284.37
ArgentinaBUE 2614953.8564.294.570.643.93
OmanMSM 553100.0060.004.600.803.80
Vietnam HNX 80492461.2548.986.002.243.76
Austria WIENERBORSE 109890.0088.893.780.113.67
NorwayOSE 108753469.4445.334.711.093.61
JapanFUKUOKA 443100.0075.004.501.003.50
UKLSE 79757731772.4054.944.360.903.46
IndiaBSE 51535118168.1651.574.761.313.46
IndiaNSE 40725514362.9055.864.350.903.45
MexicoBMV 54412075.9348.784.050.763.29
IsraelTASE 111834874.7757.833.840.573.28
Hong KongHKEX 99663328463.7644.724.691.593.10
Poland GPW 121753762.8148.684.671.643.03
PhilippinesPSE 111582952.2550.003.861.052.81
AustraliaASX 41726913064.5148.333.941.152.79
SpainIBEX 64512179.6941.183.901.182.73
ThailandSET 2251386061.3343.483.600.982.62
USNASDAQ 129487945367.9351.543.711.092.62
South KoreaKOSDAQ 64642121565.1751.073.621.012.61
BelgiumBRUSSELS 61342355.7467.652.970.532.44
Vietnam HOSE 150995566.0055.563.350.972.38
BangladeshDSE 86452652.3357.783.020.642.38
BrazilBOVESPA 118753463.5645.333.521.272.25
TaiwanGTSM 37823613162.4355.513.010.812.20
PakistanKSE 57361363.1636.113.721.532.19
TaiwanTWSE 48131816566.1151.892.620.552.07
TurkeyBIST 14121085.7183.332.000.002.00
SwedenSTOCKHOLM 31821211366.6753.303.051.121.93
RussiaMICEX 94572661.7044.832.660.781.88
The World 2416916693844169.1050.542.851.011.83
South KoreaKRX 54135019164.7054.572.430.711.72
SingaporeSGX 127793462.2043.043.571.941.63
JapanTOKYO 1762124662770.7250.322.540.941.60
USAMEX 1991406870.3548.572.350.781.57
JordanASE 2716759.2643.753.942.441.50
RussiaMICEX 57412471.9358.541.930.441.49
ChileBCS 84623573.8156.451.980.521.47
CanadaTSX-V 1921064355.2140.575.373.951.42
KuwaitKSE 74451860.8140.002.361.021.33
CanadaTSX 76955126171.6547.372.120.791.33
DenmarkCOPENHAGEN 53421579.2535.712.331.051.29
PortugalLISBON 1715588.2433.332.531.271.27
ArgentinaBUE 24181275.0066.671.330.111.22
MexicoBMV 22151068.1866.671.400.201.20
USNYSE 1718128466874.7452.021.820.631.19
MalaysiaBURSA 3081817158.7739.233.121.931.19
Saudi ArabiaTADAWUL 137884164.2346.592.090.931.16
ChinaSSE 1842129362770.2048.492.101.041.06
IndiaNSE 2216972.7356.
UAEUAE 2611442.3136.361.820.821.00
BrazilBOVESPA 23181278.2666.671.280.330.94
Poland GPW 44342377.2767.651.000.060.94
GermanyXETRA 43232016274.0750.631.510.570.94
FrancePARIS 43429614368.2048.311.660.740.92
ChinaSZSE 2367165077069.7146.672.131.210.91
JapanTOKYO 38211755.2680.951.050.140.90
AustraliaASX 1714882.3557.
NorwayOSE 30201166.6755.
NetherlandsAMSTERDAM 104773974.0450.651.210.380.83
Greece ATHENS 2916955.1756.251.941.130.81
SwitzerlandSIX 145934764.1450.541.180.380.81
Vietnam HOSE 37271772.9762.960.960.190.78
ItalyBORSA 45435217577.5349.721.500.720.77
TaiwanGTSM 1712670.5950.001.080.330.75
PakistanKSE 32251278.1348.000.920.200.72
ChileBCS 34231467.6560.870.870.170.70
BangladeshDSE 2010550.0050.000.800.200.60
CanadaTSX 28171360.7176.470.940.350.59
DenmarkCOPENHAGEN 36281777.7860.710.680.140.54
PhilippinesPSE 39231458.9760.870.780.260.52
PortugalLISBON 28221278.5754.550.680.180.50
Greece ATHENS 30241480.0058.330.580.170.42
UAEUAE 42301471.4346.670.670.270.40
FOREXFOREX 45341975.5655.880.680.290.38
UKLSE 28211275.0057.140.710.330.38
QatarQE 26191073.0852.631.210.840.37
BelgiumBRUSSELS 30251483.3356.000.520.160.36
NetherlandsAMSTERDAM 30251483.3356.000.520.160.36
SingaporeSGX 43341679.0747.060.500.150.35
ItalyBORSA 30241380.0054.170.500.170.33
GermanyXETRA 29241382.7654.170.500.170.33
FrancePARIS 30241380.0054.170.500.170.33
IsraelTASE 27191270.3763.160.680.370.32
USFOREX 52372171.1556.760.460.160.30
Austria WIENERBORSE 27211177.7852.380.480.190.29
ChinaSSE 31211067.7447.620.480.190.29
ThailandSET 37231162.1647.830.520.260.26
IndonesiaIDX 25171068.0058.820.530.290.24
JapanNAGOYA 1813472.2230.771.541.310.23
SpainIBEX 31241277.4250.000.420.210.21
SwedenSTOCKHOLM 35271577.1455.560.370.190.19
South KoreaKOSDAQ 36231363.8956.520.390.220.17
Hong KongHKEX 47391482.9835.900.460.310.15
MalaysiaBURSA 2918762.0738.890.390.280.11
USPREFERRED 2912199675.2643.840.470.380.09
JapanSAPPORO 1000.
SwitzerlandSIX 36231163.8947.830.300.48-0.17
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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