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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
The World 35846235051205166.5550.5116.071.0515.02
TurkeyBIST 26618812870.6868.099.030.658.38
Vietnam HNX 157945959.8762.778.831.127.71
USOTC PINK 98655024759.1342.3711.553.957.60
ArgentinaBUE 93674874.1969.577.030.776.26
IndonesiaIDX 51432215262.6547.207.761.556.22
CanadaCSE 117512343.5945.109.683.935.75
OmanMSM 139769.2377.786.000.445.56
IndiaBSE 89760333867.3455.966.091.324.77
MalaysiaBURSA 69237817754.6246.836.151.904.24
IndiaNSE 61938321762.0456.515.100.924.17
Hong KongHKEX 105760426557.1443.875.762.053.71
Poland GPW 42426414262.7453.385.101.593.51
CanadaTSX-V 3541888653.1145.747.093.833.25
USNASDAQ 1881127961568.1048.014.521.433.08
KuwaitKSE 101653164.3647.693.840.902.94
TurkeyBIST 32241775.0070.833.000.132.88
Vietnam HOSE 2561709866.4157.653.710.852.87
IsraelTASE 47635320274.3757.063.670.932.74
UKLSE 101670438469.2954.553.680.972.71
ChileBCS 39251564.1060.003.110.502.61
ThailandSET 47327812358.7744.243.891.332.56
Greece ATHENS 107713966.3654.933.581.062.53
South KoreaKOSDAQ 139192246466.2850.333.651.122.52
SwedenSTOCKHOLM 65740219661.1948.764.061.612.45
Saudi ArabiaTADAWUL 1631067165.0366.982.870.432.45
SpainIBEX 83542565.0646.303.431.072.36
TaiwanTWSE 70446825266.4853.852.920.592.32
EgyptEGX 59422471.1957.143.090.852.24
NorwayOSE 142803556.3443.753.631.412.22
JapanNAGOYA 36251069.4440.003.080.942.14
ArgentinaBUE 41332380.4969.702.180.092.09
PakistanKSE 129884468.2250.003.771.702.07
JordanASE 65391960.0048.724.172.152.01
JapanTOKYO 2619177788967.8550.033.000.992.00
AustraliaASX 61136415759.5743.
BangladeshDSE 156934959.6252.692.920.971.95
ChinaSZSE 2699177790065.8450.652.941.021.92
ChinaSSE 2380154282064.7953.182.820.921.90
BrazilBOVESPA 47731915866.8849.532.700.841.86
PortugalLISBON 159560.0055.562.270.411.86
TaiwanGTSM 60539720565.6251.642.730.891.85
USAMEX 33924812173.1648.792.480.761.72
CanadaTSX 77151526166.8050.682.460.741.72
FrancePARIS 46631014666.5247.102.400.791.62
South KoreaKRX 99369035669.4951.592.490.881.61
PhilippinesPSE 150783852.0048.722.661.081.58
IndiaNSE 47351774.4748.571.510.171.34
RussiaMICEX 96713773.9652.111.590.411.18
DenmarkCOPENHAGEN 62492179.0342.862.411.241.17
SingaporeSGX 123663053.6645.452.631.521.11
USNYSE 1811128662471.0148.521.750.671.08
GermanyXETRA 78258130174.3051.811.470.471.00
BrazilBOVESPA 38311981.5861.291.390.391.00
UAEUAE 56361764.2947.221.980.991.00
Poland GPW 75614081.3365.571.080.110.97
BelgiumBRUSSELS 49281057.1435.712.191.230.96
CanadaTSX 61362859.0277.781.140.220.92
MexicoBMV 46311667.3951.611.100.230.87
QatarQE 51352068.6357.141.280.430.84
AustraliaASX 47321668.0950.000.910.130.78
JapanFUKUOKA 64266.6750.001.300.610.69
ChileBCS 64412664.0663.410.850.170.68
NorwayOSE 63412165.0851.220.930.270.66
JapanTOKYO 61402865.5770.000.980.330.65
PakistanKSE 62482577.4252.080.880.230.65
Greece ATHENS 51392276.4756.410.820.180.64
IsraelTASE 63452471.4353.330.820.200.62
PortugalLISBON 52382073.0852.630.820.210.61
UKLSE 72543275.0059.260.800.200.59
TaiwanGTSM 45331473.3342.420.820.240.58
NetherlandsAMSTERDAM 54422377.7854.760.740.170.57
ThailandSET 67462468.6652.170.740.170.57
Vietnam HOSE 60452475.0053.330.730.180.56
Austria WIENERBORSE 49371975.5151.350.760.220.54
ItalyBORSA 54422277.7852.380.710.190.52
FrancePARIS 54422277.7852.380.710.190.52
GermanyXETRA 53422279.2552.380.710.190.52
ItalyBORSA 59042117971.3642.521.010.510.50
SpainIBEX 60422270.0052.380.710.210.50
BangladeshDSE 44351379.5537.140.710.230.49
BelgiumBRUSSELS 53412277.3653.660.630.170.46
DenmarkCOPENHAGEN 65502776.9254.000.580.220.36
FOREXFOREX 90633070.0047.620.670.320.35
USFOREX 96663168.7546.970.470.140.33
IndonesiaIDX 42271564.2955.560.780.440.33
PhilippinesPSE 73462363.0150.000.610.280.33
ChinaSSE 57432175.4448.840.490.160.33
MalaysiaBURSA 58411970.6946.340.560.290.27
UAEUAE 85602770.5945.000.470.200.27
SingaporeSGX 87643273.5650.000.390.160.23
Hong KongHKEX 81672782.7240.300.450.240.21
MexicoBMV 88542561.3646.301.581.400.18
SwitzerlandSIX 1611245377.0242.740.890.750.14
SwedenSTOCKHOLM 66482572.7352.080.380.250.13
South KoreaKOSDAQ 74552674.3247.270.400.350.05
NetherlandsAMSTERDAM 133994574.4445.450.770.740.03
USWARRANTS 330060.610.
USPREFERRED 2570072.370.
RussiaMICEX 1570065.610.
JapanSAPPORO 1000.
SwitzerlandSIX 67431864.1841.860.280.40-0.12
Austria WIENERBORSE 42341780.9550.001.201.40-0.20
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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