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 76361848.6848.6514.324.0010.32
TurkeyBIST 119744662.1862.169.550.578.99
EgyptEGX 44311470.4545.165.871.264.61
ArgentinaBUE 2513952.0069.234.920.624.31
IndonesiaIDX 1661215872.8947.935.371.254.12
OmanMSM 553100.0060.004.600.803.80
Vietnam HNX 81482359.2647.926.082.293.79
USOTC PINK 61537515961.3042.188.424.743.68
Austria WIENERBORSE 109890.0088.893.780.113.67
NorwayOSE 109753468.8145.334.671.093.57
JapanFUKUOKA 443100.0075.004.501.003.50
UKLSE 80958131871.8254.734.360.903.46
IndiaBSE 52435918468.5151.254.651.253.40
MexicoBMV 54412075.9348.784.050.763.29
IndiaNSE 42927014863.1754.614.210.943.27
IsraelTASE 116875075.0057.473.750.573.17
Hong KongHKEX 101664228963.3944.884.681.583.10
Poland GPW 118753864.4150.004.741.643.09
AustraliaASX 42427113163.9248.343.921.132.79
SpainIBEX 64512179.6941.183.901.182.73
PhilippinesPSE 113602953.1048.333.731.032.70
USNASDAQ 131688945967.5551.633.701.082.62
South KoreaKOSDAQ 65842721764.8950.823.581.032.56
BrazilBOVESPA 119773764.7148.053.781.232.55
ThailandSET 2291416061.5742.553.520.992.53
BelgiumBRUSSELS 61342355.7467.652.970.532.44
BangladeshDSE 87452651.7257.783.020.642.38
Vietnam HOSE 1541015565.5854.463.290.962.33
TaiwanGTSM 38824113162.1154.363.050.872.19
PakistanKSE 62381461.2936.843.551.502.05
TurkeyBIST 14121085.7183.332.000.002.00
TaiwanTWSE 49232516766.0651.382.570.582.00
SwedenSTOCKHOLM 32521511566.1553.493.071.111.96
RussiaMICEX 96592762.5045.002.630.821.82
The World 2459216974856469.0650.432.811.011.80
South KoreaKRX 55736119664.8154.292.380.701.68
JapanTOKYO 1785126764170.9850.592.590.941.65
SingaporeSGX 126783361.9042.313.601.961.64
USAMEX 2001406870.0048.572.350.781.57
JordanASE 2817860.7147.063.762.291.47
CanadaTSX-V 1951074454.8741.125.363.901.46
RussiaMICEX 58422472.4157.141.880.451.43
ChileBCS 83623674.7058.061.890.521.37
CanadaTSX 78155926671.5747.582.140.791.35
DenmarkCOPENHAGEN 54441681.4836.362.301.001.30
PortugalLISBON 1715588.2433.332.531.271.27
KuwaitKSE 73451861.6440.002.361.091.27
Saudi ArabiaTADAWUL 141904363.8347.782.140.911.23
ArgentinaBUE 24181275.0066.671.330.111.22
MalaysiaBURSA 3111807157.8839.443.151.931.22
USNYSE 1728130268175.3552.301.820.631.19
MexicoBMV 24171170.8364.711.290.181.12
ChinaSSE 1870131063170.0548.
IndiaNSE 2216972.7356.
UAEUAE 2611442.3136.361.820.821.00
BrazilBOVESPA 23181278.2666.671.280.330.94
GermanyXETRA 44132516673.7051.081.510.570.94
Poland GPW 48372677.0870.270.970.050.92
JapanTOKYO 38211755.2680.951.050.140.90
ChinaSZSE 2397167277769.7546.472.111.210.90
AustraliaASX 1714882.3557.
NetherlandsAMSTERDAM 101743873.2751.351.230.380.85
NorwayOSE 33201160.6155.
FrancePARIS 43929614267.4347.971.570.740.83
Greece ATHENS 32201062.5050.001.700.900.80
ItalyBORSA 46336117977.9749.581.500.720.78
SwitzerlandSIX 151974964.2450.521.130.360.77
PakistanKSE 33261378.7950.000.960.190.77
TaiwanGTSM 1813672.2246.151.000.310.69
Vietnam HOSE 38281773.6860.710.890.210.68
ChileBCS 35241568.5762.500.830.170.67
BangladeshDSE 2010550.0050.000.800.200.60
CanadaTSX 29171358.6276.470.940.350.59
PhilippinesPSE 39231458.9760.870.780.260.52
DenmarkCOPENHAGEN 38291876.3262.070.660.140.52
PortugalLISBON 29221275.8654.550.680.180.50
FOREXFOREX 45341775.5650.000.760.320.44
Greece ATHENS 31241477.4258.330.580.170.42
QatarQE 27191070.3752.631.210.840.37
UKLSE 29221275.8654.550.680.320.36
UAEUAE 43311372.0941.940.650.290.35
IsraelTASE 28201371.4365.000.700.350.35
BelgiumBRUSSELS 32261481.2553.850.500.150.35
NetherlandsAMSTERDAM 32261481.2553.850.500.150.35
SingaporeSGX 45351777.7848.570.490.140.34
ItalyBORSA 32251378.1352.000.480.160.32
GermanyXETRA 31251380.6552.000.480.160.32
FrancePARIS 32251378.1352.000.480.160.32
Austria WIENERBORSE 28211175.0052.380.480.190.29
ChinaSSE 32221068.7545.450.450.180.27
ThailandSET 38241163.1645.830.500.250.25
USFOREX 52371971.1551.350.430.190.24
IndonesiaIDX 26171065.3858.820.530.290.24
JapanNAGOYA 1813472.2230.771.541.310.23
Hong KongHKEX 48401483.3335.000.550.330.23
SpainIBEX 32241275.0050.000.420.210.21
South KoreaKOSDAQ 41281568.2953.570.430.250.18
SwedenSTOCKHOLM 38311781.5854.840.350.190.16
MalaysiaBURSA 3019763.3336.840.370.260.11
USPREFERRED 3002289976.0043.420.460.370.09
JapanSAPPORO 1000.
SwitzerlandSIX 38231160.5347.830.300.48-0.17
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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