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 69331649.2847.0615.003.9711.03
TurkeyBIST 112704462.5062.8610.010.599.43
EgyptEGX 40281470.0050.006.501.145.36
USOTC PINK 56034315261.6144.069.394.474.92
IndonesiaIDX 1471034870.0746.605.981.304.68
ArgentinaBUE 2513952.0069.234.920.694.23
Vietnam HNX 77472461.0451.
OmanMSM 553100.0060.004.600.803.80
Austria WIENERBORSE 109890.0088.893.780.113.67
NorwayOSE 106723267.9244.444.811.143.67
IndiaNSE 39124413862.6656.334.510.913.60
JapanFUKUOKA 443100.0075.004.501.003.50
IsraelTASE 102774475.4957.144.030.583.44
MexicoBMV 53401975.4747.504.130.783.35
Hong KongHKEX 96361528064.0745.384.821.543.28
IndiaBSE 49133517368.2351.644.521.303.23
Poland GPW 115733664.3548.654.891.813.08
UKLSE 77456530873.0054.513.960.903.06
AustraliaASX 40225412563.1849.
SpainIBEX 61492080.3340.824.041.182.86
South KoreaKOSDAQ 61039119964.1050.903.751.002.74
ThailandSET 2141335862.1543.613.690.992.70
USNASDAQ 123884344168.3452.133.751.062.70
Vietnam HOSE 144945465.2857.453.510.832.68
PhilippinesPSE 105572854.2949.123.601.022.58
BangladeshDSE 82422551.2259.523.210.642.57
BrazilBOVESPA 109683062.3944.123.821.282.54
BelgiumBRUSSELS 59332255.9366.673.000.552.45
TaiwanGTSM 34421212061.6356.603.190.812.38
TaiwanTWSE 45630116066.0153.162.680.542.14
PakistanKSE 56351362.5037.143.631.512.11
TurkeyBIST 14121085.7183.332.000.002.00
USAMEX 1781236369.1051.222.670.801.87
The World 2320016005812869.0450.752.871.001.86
SwedenSTOCKHOLM 31020511066.1353.662.951.091.86
RussiaMICEX 87512359.7744.232.670.851.83
South KoreaKRX 50332518064.6155.382.530.701.82
SingaporeSGX 126793462.7043.043.591.901.70
JapanTOKYO 1682119160270.8150.552.540.931.60
KuwaitKSE 72421858.3342.862.571.001.57
RussiaMICEX 54392272.2256.412.000.461.54
JordanASE 2716759.2643.753.942.441.50
ChileBCS 82613474.3955.742.000.521.48
CanadaTSX 73352725371.9048.012.190.791.40
DenmarkCOPENHAGEN 51401478.4335.002.380.981.40
MexicoBMV 20141070.0071.431.500.211.29
PortugalLISBON 1715588.2433.332.531.271.27
ArgentinaBUE 24181275.0066.671.330.111.22
USNYSE 1644122664374.5752.451.850.631.22
Saudi ArabiaTADAWUL 136884164.7146.592.050.911.14
CanadaTSX-V 1861044055.9138.465.234.131.11
JapanTOKYO 36191652.7884.
MalaysiaBURSA 2901726759.3138.953.061.971.10
ChinaSSE 1809126961770.1548.622.121.031.08
UAEUAE 2611442.3136.361.820.821.00
FrancePARIS 41928613968.2648.601.690.740.95
ChinaSZSE 2338163176669.7646.972.151.200.95
BrazilBOVESPA 23181278.2666.671.280.330.94
Poland GPW 43342379.0767.651.000.060.94
GermanyXETRA 41830615173.2149.351.510.580.93
IndiaNSE 2115871.4353.331.070.130.93
AustraliaASX 1714882.3557.
NorwayOSE 30201166.6755.
Vietnam HOSE 33231469.7060.871.040.220.83
NetherlandsAMSTERDAM 101753774.2649.331.200.390.81
TaiwanGTSM 1712670.5950.001.080.330.75
ItalyBORSA 44133716676.4249.261.500.750.75
Greece ATHENS 2816957.1456.251.811.130.69
PakistanKSE 31241177.4245.830.830.210.63
QatarQE 25181072.0055.561.280.670.61
SwitzerlandSIX 140884262.8647.731.000.400.60
CanadaTSX 26171365.3876.470.940.350.59
BangladeshDSE 199447.3744.440.780.220.56
DenmarkCOPENHAGEN 36281777.7860.710.680.140.54
ChileBCS 30211270.0057.140.710.190.52
PhilippinesPSE 34201258.8260.000.800.300.50
PortugalLISBON 27211277.7857.140.670.190.48
IsraelTASE 26181269.2366.670.720.280.44
UKLSE 27201274.0760.000.750.350.40
UAEUAE 37261070.2738.460.690.310.38
IndonesiaIDX 23161069.5762.500.560.190.38
NetherlandsAMSTERDAM 29241482.7658.330.500.170.33
BelgiumBRUSSELS 29241482.7658.330.500.170.33
SingaporeSGX 39311379.4941.940.480.160.32
ThailandSET 36221161.1150.000.550.230.32
GermanyXETRA 28231382.1456.520.480.170.30
FrancePARIS 29231379.3156.520.480.170.30
ItalyBORSA 29231379.3156.520.480.170.30
ChinaSSE 31211067.7447.620.480.190.29
USFOREX 46331771.7451.520.450.180.27
Greece ATHENS 28221378.5759.090.450.180.27
Austria WIENERBORSE 26201176.9255.000.450.200.25
FOREXFOREX 40301675.0053.330.570.330.23
JapanNAGOYA 1713476.4730.771.541.310.23
SpainIBEX 30231276.6752.170.390.220.17
South KoreaKOSDAQ 35231365.7156.520.390.220.17
SwedenSTOCKHOLM 33261478.7953.850.350.190.15
Hong KongHKEX 45371382.2235.140.460.320.14
MalaysiaBURSA 2918762.0738.890.390.280.11
USPREFERRED 2652008775.4743.500.450.410.04
JapanSAPPORO 1000.
SwitzerlandSIX 3222968.7540.910.320.50-0.18
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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