BULLISH THREE OUTSIDE UP
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BULLISH THREE OUTSIDE UP
Definition
This is a confirmed Bullish Engulfing pattern. The first two candlesticks follow the classic Bullish Engulfing pattern, and the third day provides its confirmation.
Recognition Criteria
1. The market is currently defined by a dominant downward trend.
2. We observe a Bullish Engulfing pattern over the first two days.
3. On the third day, a white candlestick forms, closing higher than the second day’s close.
Pattern Requirements and Flexibility
A Bullish Engulfing pattern should be identified with all the previously established rules. On the third day, a white candlestick closes higher than the previous day’s close.
Trader’s Behavior
The first two days of the Bullish Three Outside Up pattern form a typical Bullish Engulfing Pattern. On the third day, a white candlestick appears, closing at a new high for the past three days, confirming that the downtrend is weakening. However, additional confirmation is still needed to establish a bullish reversal.
Buy/Stop-Loss Levels
The confirmation level is set at the last closing price. For confirmation, prices need to surpass this level.

The stop-loss level is set at the last low. After a BUY signal, the stop-loss is triggered if prices decline instead of rising and either close below the stop-loss level or record two consecutive daily lows below it, without any bearish pattern being detected.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
The WorldWORLD MARKETS 37643240991212066.7648.2310.671.129.55
Poland GPW 46530113965.5945.5710.621.818.81
TurkeyBIST 38426017669.0166.427.950.807.14
IndonesiaIDX 60937818763.8848.078.361.347.02
Vietnam HNX 156965662.8257.147.101.285.82
USOTC MARKETS 112263928059.1842.179.914.275.64
EgyptEGX 73483165.7564.586.190.595.60
Hong KongHKEX 111964431059.1646.836.811.815.00
CanadaCSE 112542749.1149.099.114.194.92
CanadaTSXV 3761858950.8046.607.613.284.33
MalaysiaBURSA MALAYSIA 72540718857.7944.875.921.963.96
IndiaNSE 77149828367.4454.424.941.003.94
IndiaBSE 109271038466.9452.535.091.343.75
ChileBCS 35231365.7156.524.210.623.59
PakistanPSX 131884470.9947.315.131.603.53
USNASDAQ 2094134365066.9146.404.331.432.90
ArgentinaBCBA 80552670.0046.434.711.922.79
UAEDFM-ADX 68421961.7645.243.480.742.74
BangladeshDSE 166975160.8450.503.500.962.54
KuwaitBOURSA KUWAIT 94593164.8950.823.360.862.49
South KoreaKOSDAQ 1619102249564.9247.103.591.112.48
IsraelTASE 58342024073.9355.683.350.932.42
FrancePARIS 50132015665.4747.563.120.862.26
Vietnam HOSE 2471438361.5454.612.940.722.23
Saudi ArabiaTADAWUL 1941206962.3757.022.810.602.21
SwedenOMX STOCKHOLM 73446723364.7149.053.731.552.19
TaiwanTWSE 62941521767.8950.822.770.672.10
UKLSE 126385042969.9148.583.011.002.01
ChinaSZSE 2886182694465.5949.872.961.031.93
Greece ATHEX 123794066.6748.782.871.051.83
ChinaSSE 2663168687765.8350.032.610.871.73
BrazilBOVESPA 59438418467.3446.002.530.831.70
TaiwanTPEx 56336818667.3249.082.540.881.66
DenmarkOMX COPENHAGEN 73522675.3447.272.610.971.64
JapanNSE 3118661.2931.582.600.981.62
CanadaTSX 92962331169.9747.852.340.721.62
JordanASE 78522466.6746.153.702.131.57
PhilippinesPSE 128683753.9153.622.540.991.55
ThailandSET 54332013360.4140.552.941.421.53
JapanTSE 2908195295969.8447.222.450.981.47
South KoreaKRX 103971333970.0746.572.300.871.42
USAMEX 40928213273.8443.712.130.741.39
SingaporeSGX 143753354.5542.312.631.261.38
AustraliaASX 70440117057.5341.983.522.141.37
SpainBME 105653162.8646.972.080.971.12
USNYSE 2187149471771.4245.901.780.741.04
GermanyXETRA 97670132675.0044.541.290.530.76
QatarQE 68422267.6547.831.150.420.73
NorwayOSE 172954157.5641.412.351.660.69
ItalyMILAN 63943419671.0543.171.330.650.68
MexicoBMV 116622755.1742.192.111.480.63
BelgiumBRUSSELS 62411566.1336.591.841.270.57
SwitzerlandSIX 2191526871.2343.590.950.830.12
NetherlandsAMSTERDAM 1671135468.8646.961.041.000.04
Austria WIENERBÖRSE 60411870.0042.861.281.270.01
JapanFSE 106260.0033.330.611.15-0.54
PortugalLISBON 1810355.5630.000.340.93-0.59
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

Disclaimers:

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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