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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
CanadaCSE 126673053.9744.1217.604.7512.85
TurkeyBIST 1551026565.8163.739.360.578.79
USWARRANTS 106360.0050.0010.172.507.67
USOTC PINK 94656226259.6246.4511.174.186.99
ArgentinaBUE 37201454.0570.006.500.655.85
OmanMSM 139769.2377.786.000.445.56
MalaysiaBURSA 42424210757.0844.216.481.794.69
CanadaTSX-V 3231797755.4243.028.413.934.47
EgyptEGX 60452375.0051.115.581.114.47
IndiaBSE 65345223969.2252.885.701.254.45
PakistanKSE 92582763.0446.555.711.344.36
IsraelTASE 2171629774.6559.884.640.594.05
UKLSE 97968538869.9756.644.840.973.87
Vietnam HNX 101593258.4254.245.862.003.86
IndiaNSE 53133619063.2856.554.710.883.83
IndonesiaIDX 2531708667.1950.595.031.293.74
NorwayOSE 131844064.1247.624.681.133.55
AustraliaASX 59537819363.5351.064.721.223.51
Poland GPW 1961226562.2453.285.482.023.46
USNASDAQ 1658112958168.0951.464.491.123.37
Hong KongHKEX 132483437862.9945.325.091.723.36
JapanFUKUOKA 442100.0050.004.501.253.25
SpainIBEX 82612774.3944.
BrazilBOVESPA 1871165962.0350.863.641.042.59
MexicoBMV 70492370.0046.943.490.902.59
South KoreaKOSDAQ 94362232265.9651.773.460.972.50
ThailandSET 3231988661.3043.433.591.152.44
SwedenSTOCKHOLM 47832117367.3653.733.711.272.44
BelgiumBRUSSELS 71432860.5665.122.930.532.40
JordanASE 38241263.1650.004.041.752.29
PhilippinesPSE 140733452.1446.583.361.102.26
TaiwanTWSE 69546424466.7652.592.760.582.19
The World 33497230761182968.9251.
RussiaMICEX 1891255466.1443.202.980.902.08
TaiwanGTSM 57236318663.4651.242.900.882.01
Vietnam HOSE 2261578769.4755.412.980.991.99
BangladeshDSE 118653455.0852.312.850.951.89
USAMEX 2551909074.5147.372.520.671.84
KuwaitKSE 103642862.1443.752.831.021.81
CanadaTSX 96169735472.5350.792.450.741.71
JapanTOKYO 2328162983669.9751.322.680.981.70
TurkeyBIST 21181385.7172.221.830.171.67
ChileBCS 90644071.1162.502.160.501.66
PortugalLISBON 2216672.7337.502.631.001.63
FrancePARIS 53537118169.3548.792.360.731.62
DenmarkCOPENHAGEN 67542280.6040.742.520.941.57
South KoreaKRX 74449325566.5351.522.320.811.50
SingaporeSGX 147843657.1442.863.231.771.45
ChinaSSE 2457174187670.8650.322.360.991.38
ChinaSZSE 31172191107670.2949.112.531.161.37
RussiaMICEX 77583175.3253.451.790.431.36
ArgentinaBUE 28211475.0066.671.380.101.29
BrazilBOVESPA 27221581.4868.181.590.321.27
USNYSE 1885141774375.1752.431.880.651.24
Poland GPW 58453377.5973.331.180.041.13
Saudi ArabiaTADAWUL 1861226165.5950.002.100.971.13
NorwayOSE 42251359.5252.
AustraliaASX 2616961.5456.
MexicoBMV 33231369.7056.521.220.221.00
JapanTOKYO 44262059.0976.921.190.270.92
ItalyBORSA 61146722676.6048.291.550.630.91
Austria WIENERBORSE 108580.0062.502.751.880.88
GermanyXETRA 60146122277.0447.951.360.530.83
IsraelTASE 46362278.2661.110.970.220.75
ChileBCS 49312163.2767.740.870.160.71
IndiaNSE 33251375.7652.000.840.160.68
PakistanKSE 48381879.1747.370.870.210.66
SwitzerlandSIX 1781175665.7347.861.090.460.63
QatarQE 38241363.1654.171.290.670.63
TaiwanGTSM 2618869.2344.440.890.280.61
Vietnam HOSE 50371974.0051.350.780.220.57
FOREXFOREX 54382070.3752.630.840.290.55
NetherlandsAMSTERDAM 1401024972.8648.041.090.580.51
PortugalLISBON 37281375.6846.430.710.210.50
CanadaTSX 37201654.0580.000.800.300.50
PhilippinesPSE 51331764.7151.520.730.270.45
Greece ATHENS 38301578.9550.000.630.200.43
UKLSE 39321782.0553.130.720.310.41
NetherlandsAMSTERDAM 39321582.0546.880.560.190.38
Greece ATHENS 63392061.9051.281.541.180.36
ItalyBORSA 39311479.4945.160.550.190.35
GermanyXETRA 38311481.5845.160.550.190.35
ChinaSSE 43311572.0948.390.550.190.35
FrancePARIS 39311479.4945.160.550.190.35
DenmarkCOPENHAGEN 50402080.0050.000.530.180.35
UAEUAE 65462070.7743.480.590.240.35
USFOREX 73522871.2353.850.500.150.35
Austria WIENERBORSE 35271277.1444.440.560.220.33
JapanNAGOYA 2418675.0033.331.561.220.33
ThailandSET 53341764.1550.000.530.210.32
SpainIBEX 45321571.1146.880.530.220.31
BangladeshDSE 2820671.4330.000.500.250.25
Hong KongHKEX 64522081.2538.460.520.270.25
SingaporeSGX 64462371.8850.000.390.150.24
BelgiumBRUSSELS 38311481.5845.160.420.190.23
UAEUAE 3618750.0038.891.110.890.22
MalaysiaBURSA 40291272.5041.380.520.310.21
IndonesiaIDX 34211161.7652.380.670.480.19
South KoreaKOSDAQ 56402171.4352.500.450.300.15
USPREFERRED 32124710676.9542.910.570.450.13
SwedenSTOCKHOLM 51401978.4347.500.300.280.03
JapanSAPPORO 1000.
SwitzerlandSIX 49301261.2240.000.230.43-0.20
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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