BULLISH THREE OUTSIDE UP
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.
BULLISH THREE OUTSIDE UP
Definition
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 136713052.2142.2514.495.049.45
TurkeyBIST 1611046564.6062.509.180.578.62
USWARRANTS 117463.6457.149.292.147.14
USOTC PINK 103761628159.6945.4010.884.166.71
OmanMSM 139769.2377.786.000.445.56
ArgentinaBUE 45251755.5668.005.720.485.24
IndiaBSE 67146324769.0053.355.961.234.73
CanadaTSX-V 3481908554.6044.748.523.824.70
MalaysiaBURSA 43824610756.1643.506.431.834.59
EgyptEGX 60452375.0051.115.581.114.47
Vietnam HNX 107633558.8855.566.032.024.02
PakistanKSE 95612764.2144.265.431.483.95
IsraelTASE 23517911076.1761.454.520.583.94
UKLSE 100570539870.1556.454.900.973.93
IndiaNSE 54434519563.4256.524.670.863.80
Poland GPW 2191357361.6454.075.591.943.64
Hong KongHKEX 135484938662.7045.475.221.733.49
AustraliaASX 62238920162.5451.674.651.253.40
IndonesiaIDX 2651818768.3048.074.721.323.40
USNASDAQ 1717117659768.5550.724.401.113.29
NorwayOSE 137884064.2345.454.471.183.28
JapanFUKUOKA 221100.0050.003.500.503.00
JordanASE 40251362.5052.004.561.682.88
KuwaitKSE 105683064.7644.123.881.012.87
SpainIBEX 85652876.4743.083.831.052.78
BrazilBOVESPA 2071316563.7749.243.750.982.77
ThailandSET 3362059261.0144.883.911.142.77
South KoreaKOSDAQ 98265134566.2953.003.700.942.75
MexicoBMV 73512369.8645.103.470.882.59
SwedenSTOCKHOLM 49833817968.2752.653.701.382.32
PhilippinesPSE 143743551.7547.303.351.082.27
BelgiumBRUSSELS 75452860.0062.222.800.562.24
TaiwanTWSE 71348125767.4653.432.770.562.21
The World 34587238021218568.8551.173.171.022.16
TaiwanGTSM 58236819163.2351.902.930.842.09
BangladeshDSE 128693653.9152.172.990.912.07
ChileBCS 90644071.1162.502.530.502.03
Vietnam HOSE 2321628869.8354.322.890.981.91
USAMEX 2641979474.6247.722.490.651.84
RussiaMICEX 2061345865.0543.282.740.941.80
CanadaTSX 97871136372.7051.052.500.731.78
JapanTOKYO 2417167586169.3051.402.680.971.71
TurkeyBIST 21181385.7172.221.830.171.67
PortugalLISBON 2216672.7337.502.631.001.63
South KoreaKRX 76751326866.8852.242.400.801.60
FrancePARIS 55138418669.6948.442.300.721.58
DenmarkCOPENHAGEN 71572380.2840.352.461.001.46
ChinaSSE 2526178489970.6350.392.390.981.42
RussiaMICEX 77583175.3253.451.790.431.36
ChinaSZSE 32062249109870.1548.822.521.161.36
ArgentinaBUE 28211475.0066.671.380.101.29
BrazilBOVESPA 27221581.4868.181.590.321.27
USNYSE 1929145476375.4852.401.880.631.25
Saudi ArabiaTADAWUL 1931286466.3250.002.090.951.15
Poland GPW 59473479.6672.341.150.041.11
AustraliaASX 2616961.5456.251.130.131.00
MexicoBMV 33231369.7056.521.220.221.00
NorwayOSE 45281462.2250.001.140.141.00
ItalyBORSA 63148123376.2348.441.540.630.91
GermanyXETRA 63047923276.0348.431.430.540.89
JapanTOKYO 46282160.8775.001.110.290.82
SingaporeSGX 151853656.2942.352.521.730.79
IsraelTASE 47362276.6061.110.970.220.75
ChileBCS 49312163.2767.740.870.160.71
IndiaNSE 33251375.7652.000.840.160.68
PakistanKSE 48381879.1747.370.870.210.66
SwitzerlandSIX 1801195866.1148.741.080.450.63
TaiwanGTSM 2618869.2344.440.890.280.61
Vietnam HOSE 50371974.0051.350.780.220.57
NetherlandsAMSTERDAM 1471085373.4749.071.080.560.52
FOREXFOREX 55392070.9151.280.820.310.51
CanadaTSX 39201651.2880.000.800.300.50
QatarQE 44291565.9151.721.070.590.48
PhilippinesPSE 51331764.7151.520.730.270.45
PortugalLISBON 38291376.3244.830.690.240.45
Austria WIENERBORSE 119581.8255.562.442.000.44
UKLSE 40331782.5051.520.700.300.39
Greece ATHENS 39311579.4948.390.610.230.39
ThailandSET 54351864.8151.430.570.200.37
ChinaSSE 45331773.3351.520.550.180.36
DenmarkCOPENHAGEN 50402080.0050.000.530.180.35
UAEUAE 65462070.7743.480.590.240.35
USFOREX 73522871.2353.850.500.150.35
Greece ATHENS 66422163.6450.001.601.260.33
NetherlandsAMSTERDAM 40331582.5045.450.550.210.33
JapanNAGOYA 2619673.0831.581.471.160.32
GermanyXETRA 39321482.0543.750.530.220.31
FrancePARIS 40321480.0043.750.530.220.31
ItalyBORSA 40321480.0043.750.530.220.31
Austria WIENERBORSE 36281277.7842.860.540.250.29
SpainIBEX 46331571.7445.450.520.240.27
Hong KongHKEX 64522081.2538.460.520.270.25
SingaporeSGX 65472472.3151.060.380.150.23
IndonesiaIDX 34211161.7652.380.670.480.19
BelgiumBRUSSELS 39321482.0543.750.410.220.19
BangladeshDSE 3022673.3327.270.450.270.18
MalaysiaBURSA 42301271.4340.000.500.330.17
South KoreaKOSDAQ 57412171.9351.220.440.320.12
USPREFERRED 3152419976.5141.080.560.460.10
UAEUAE 3719751.3536.841.051.000.05
SwedenSTOCKHOLM 51401978.4347.500.300.280.03
JapanSAPPORO 1000.000.000.000.000.00
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

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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.