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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
JordanASE 2818864.2944.4414.832.6712.17
USOTC PINK 47029515262.7751.5311.233.238.00
EgyptEGX 28171160.7164.718.820.887.94
PakistanKSE 63392561.9064.108.490.597.90
TurkeyBIST 107654160.7563.087.980.407.58
BangladeshDSE 95604063.1666.677.770.687.08
OmanMSM 107570.0071.437.140.576.57
IndiaNSE 35223015165.3465.656.300.625.69
BrazilBOVESPA 92583963.0467.246.360.725.64
IndiaBSE 50133519366.8757.616.240.925.31
Austria WIENERBORSE 776100.0085.715.430.145.29
UKLSE 61142026468.7462.865.110.604.51
PhilippinesPSE 74422256.7652.385.260.864.40
Hong KongHKEX 99760230760.3851.005.461.194.28
USAMEX 145976366.9064.954.810.624.20
IsraelTASE 112835774.1168.674.470.404.07
NorwayOSE 84512560.7149.024.920.904.02
CanadaTSX-V 173893651.4540.457.533.524.01
USNASDAQ 95665239768.2060.894.250.683.56
Vietnam HOSE 122784963.9362.824.090.653.44
South KoreaKOSDAQ 60438522263.7457.664.280.853.43
Greece ATHENS 32191259.3863.164.421.003.42
ArgentinaBUE 2216972.7356.254.190.813.38
South KoreaKRX 52232619962.6460.863.880.543.35
SingaporeSGX 108623357.4153.234.661.393.27
IndonesiaIDX 110713064.5542.254.411.153.25
CanadaCSE 3617747.2241.1810.477.652.82
TaiwanGTSM 27616810260.8760.713.260.492.77
Vietnam HNX 76462660.5356.524.762.042.72
The World 1952713263766167.9357.753.490.802.69
ThailandSET 2351496863.4045.643.701.012.68
Poland GPW 135895065.9356.184.652.012.64
TaiwanTWSE 34623414667.6362.392.990.442.55
QatarQE 118572.7362.502.750.252.50
RussiaMICEX 129924471.3247.833.230.792.43
SwedenSTOCKHOLM 2561689365.6355.363.340.922.42
BelgiumBRUSSELS 51281654.9057.142.790.392.39
PortugalLISBON 1511673.3354.553.000.642.36
JapanTOKYO 124084447568.0656.283.060.732.33
DenmarkCOPENHAGEN 43321374.4240.632.880.752.13
ChinaSSE 1620117473972.4762.952.700.642.06
CanadaTSX 59539021465.5554.872.630.602.03
KuwaitKSE 43181041.8655.563.111.112.00
MexicoBMV 67472970.1561.702.430.451.98
AustraliaASX 3211959460.7548.213.571.611.96
TurkeyBIST 1211991.6781.821.910.001.91
ChinaSZSE 1960141883172.3558.602.690.821.87
ChileBCS 59422871.1966.672.140.361.79
MexicoBMV 139769.2377.781.780.221.56
SwitzerlandSIX 1461006468.4964.001.840.301.54
Saudi ArabiaTADAWUL 80512663.7550.982.100.651.45
USNYSE 119985748571.4856.591.930.501.43
JapanTOKYO 27141351.8592.861.430.001.43
RussiaMICEX 39251364.1052.001.920.561.36
GermanyXETRA 31522712272.0653.741.840.481.36
ItalyBORSA 26720410276.4050.002.040.701.35
NetherlandsAMSTERDAM 74562975.6851.791.640.301.34
MalaysiaBURSA 3151948461.5943.302.931.631.30
IndiaNSE 1711664.7154.551.270.001.27
ArgentinaBUE 19141073.6871.431.360.141.21
NorwayOSE 1711564.7145.451.360.181.18
Vietnam HOSE 28181164.2961.
Poland GPW 28231582.1465.
FrancePARIS 33523212769.2554.741.710.671.04
TaiwanGTSM 107470.0057.141.430.431.00
AustraliaASX 1110690.9160.
UAEUAE 2912641.3850.001.830.920.92
FOREXFOREX 30211570.0071.430.950.050.90
PakistanKSE 26201076.9250.
UKLSE 20141170.0078.571.070.210.86
PhilippinesPSE 24151062.5066.670.930.200.73
IsraelTASE 1611768.7563.641.000.270.73
PortugalLISBON 2014970.0064.290.930.210.71
BrazilBOVESPA 1410571.4350.001.200.500.70
JapanFUKUOKA 332100.0066.672.672.000.67
CanadaTSX 23151165.2273.331.070.400.67
JapanNAGOYA 1514793.3350.001.931.290.64
UAEUAE 2619973.0847.370.950.320.63
BangladeshDSE 148457.1450.000.880.250.63
ThailandSET 2414558.3335.710.790.210.57
USFOREX 31221470.9763.640.680.140.55
SingaporeSGX 30241180.0045.830.630.080.54
NetherlandsAMSTERDAM 21161076.1962.500.690.190.50
BelgiumBRUSSELS 21161076.1962.500.690.190.50
SpainIBEX 48321966.6759.381.501.030.47
ItalyBORSA 2015975.0060.000.670.200.47
GermanyXETRA 2015975.0060.000.670.200.47
FrancePARIS 2015975.0060.000.670.200.47
IndonesiaIDX 159560.0055.560.560.110.44
ChileBCS 1915778.9546.670.600.200.40
Greece ATHENS 20151075.0066.670.600.200.40
Austria WIENERBORSE 1813872.2261.540.620.230.38
ChinaSSE 2116876.1950.000.500.190.31
Hong KongHKEX 34261076.4738.460.650.350.31
DenmarkCOPENHAGEN 21181085.7155.560.500.220.28
SpainIBEX 2215868.1853.330.530.270.27
South KoreaKOSDAQ 1913868.4261.540.540.310.23
MalaysiaBURSA 1710558.8250.000.600.400.20
SwedenSTOCKHOLM 2218881.8244.440.390.220.17
USPREFERRED 1771386177.9744.200.310.270.04
JapanSAPPORO 1000.
SwitzerlandSIX 1914773.6850.000.500.57-0.07
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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