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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 140603042.8650.0012.273.179.10
USOTC PINK 119968730058.8042.5512.945.607.34
TurkeyBIST 1621087067.2864.227.650.627.03
IndiaBSE 51033620166.2759.477.080.976.11
Vietnam HNX 123814965.8560.497.361.286.07
ArgentinaBUE 52322361.5471.886.500.595.91
OmanMSM 139769.2377.786.000.445.56
USWARRANTS 26201276.9260.006.901.954.95
MalaysiaBURSA 4242159950.7146.056.512.224.29
PakistanKSE 90562962.2251.795.791.544.25
EgyptEGX 50402080.0050.005.331.234.10
AustraliaASX 59435417859.6050.285.241.403.84
IsraelTASE 29521213071.8661.324.340.583.76
CanadaTSX-V 3041637453.9545.127.593.863.73
IndiaNSE 36722712961.8556.834.360.813.55
IndonesiaIDX 30120510168.1149.274.891.403.50
UKLSE 78955131469.8456.994.271.013.26
South KoreaKOSDAQ 82453729365.1754.564.150.913.23
JordanASE 49301361.2243.335.132.073.07
BrazilBOVESPA 2171367163.5951.454.030.973.06
Hong KongHKEX 98556726257.5646.214.911.873.05
BangladeshDSE 114694260.5360.873.840.803.04
USNASDAQ 1525104449968.4647.804.141.302.84
KuwaitKSE 103652963.1144.623.771.062.71
SpainIBEX 63451771.4337.783.801.112.69
Poland GPW 2571497357.9848.994.792.182.60
CanadaTSX 64444522969.2551.353.000.582.42
TurkeyBIST 28221578.5768.182.550.142.41
ChileBCS 61422768.8564.292.760.452.31
JapanFUKUOKA 54380.0075.002.500.252.25
The World 2820718949972467.3051.233.311.072.24
PortugalLISBON 139769.2377.782.670.442.22
SwedenSTOCKHOLM 45729616264.7754.733.501.382.13
NorwayOSE 103593057.2850.853.291.172.12
ThailandSET 2941787660.5442.703.291.172.12
DenmarkCOPENHAGEN 44341477.2741.
Saudi ArabiaTADAWUL 146935763.7061.292.730.662.08
TaiwanGTSM 45529716065.2753.872.870.862.01
TaiwanTWSE 50232317364.3453.562.590.592.00
ChinaSSE 1470100454668.3054.382.670.811.86
FrancePARIS 42928113065.5046.262.540.761.79
Vietnam HOSE 1761226669.3254.102.801.031.76
USAMEX 2331707672.9644.712.360.611.75
MexicoBMV 77482462.3450.002.881.151.73
ChinaSZSE 1732117258467.6749.832.691.061.63
JapanTOKYO 1598108153967.6549.862.621.011.61
RussiaMICEX 2031246063.0546.882.520.961.55
FOREXFOREX 71502470.4248.001.860.341.52
South KoreaKRX 59040320268.4750.002.360.851.51
BelgiumBRUSSELS 45251155.5644.001.840.601.24
ArgentinaBUE 31231574.1965.221.300.091.22
RussiaMICEX 89653373.0350.771.650.431.22
USNYSE 126993447273.7650.431.750.551.20
BrazilBOVESPA 32281887.5064.291.500.361.14
PhilippinesPSE 100491849.0036.732.821.711.10
MexicoBMV 36261572.2257.691.270.191.08
Poland GPW 63503479.3768.
QatarQE 38301478.9546.671.330.430.90
NorwayOSE 50311562.0048.391.100.230.87
AustraliaASX 36251369.4452.000.960.120.84
GermanyXETRA 53438316971.7244.131.220.530.69
PakistanKSE 56442278.5750.000.890.200.68
IndiaNSE 34261376.4750.000.810.150.65
UAEUAE 3723962.1639.131.781.130.65
IsraelTASE 55412274.5553.660.850.220.63
ChileBCS 55352363.6465.710.800.170.63
JapanTOKYO 53332262.2666.670.940.360.58
ItalyBORSA 56840717571.6543.001.010.440.57
TaiwanGTSM 2920968.9745.000.850.300.55
Vietnam HOSE 55412074.5548.780.710.200.51
ThailandSET 57392068.4251.280.640.180.46
CanadaTSX 44231752.2773.910.740.300.43
PhilippinesPSE 56351862.5051.430.690.260.43
PortugalLISBON 42321576.1946.880.630.220.41
UKLSE 51422182.3550.000.640.260.38
JapanNAGOYA 2417670.8335.291.351.000.35
Greece ATHENS 43341779.0750.000.560.210.35
UAEUAE 69502372.4646.000.540.220.32
USFOREX 78542869.2351.850.480.170.31
NetherlandsAMSTERDAM 45361780.0047.220.500.190.31
ChinaSSE 49371875.5148.650.490.190.30
ItalyBORSA 44351679.5545.710.490.200.29
FrancePARIS 44351679.5545.710.490.200.29
GermanyXETRA 43351681.4045.710.490.200.29
DenmarkCOPENHAGEN 54422077.7847.620.500.240.26
Austria WIENERBORSE 40311477.5045.160.480.230.26
SpainIBEX 50361772.0047.220.470.220.25
Austria WIENERBORSE 1612675.0050.002.001.750.25
NetherlandsAMSTERDAM 115863774.7843.020.860.630.23
SingaporeSGX 70522774.2951.920.370.130.23
Hong KongHKEX 69572382.6140.350.470.250.23
Greece ATHENS 70492470.0048.981.511.290.22
USPREFERRED 2481898476.2144.440.630.410.22
IndonesiaIDX 37231262.1652.170.610.430.17
BelgiumBRUSSELS 44351679.5545.710.370.200.17
MalaysiaBURSA 44311270.4538.710.480.320.16
BangladeshDSE 3526774.2926.920.380.310.08
SwedenSTOCKHOLM 55432278.1851.160.300.260.05
South KoreaKOSDAQ 62462374.1950.000.390.350.04
SwitzerlandSIX 132913468.9437.360.600.570.03
JapanSAPPORO 1000.
SwitzerlandSIX 54341262.9635.290.210.44-0.24
SingaporeSGX 114632455.2638.102.192.49-0.30
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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