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 3120864.5240.0013.302.3510.95
TurkeyBIST 129804962.0261.259.040.618.43
OmanMSM 107570.0071.437.000.576.43
BangladeshDSE 110643758.1857.817.130.806.33
EgyptEGX 32211165.6352.386.901.005.90
USOTC PINK 62137215460.7140.859.554.215.34
BrazilBOVESPA 114663857.8957.585.911.004.91
IndiaNSE 45028516363.5656.995.160.874.29
USAMEX 135835161.4861.455.250.964.29
IndiaBSE 61941420766.8850.005.121.363.77
CanadaCSE 5924940.6837.5010.716.963.75
UKLSE 77954929370.4753.374.350.853.50
Vietnam HNX 84512460.7147.065.982.553.43
Hong KongHKEX 120372931560.6043.215.011.603.41
IndonesiaIDX 1551034766.4545.634.641.243.40
IsraelTASE 1451046371.7260.583.750.663.09
PakistanKSE 83472457.8350.
South KoreaKOSDAQ 75248324464.2350.524.091.172.91
South KoreaKRX 64340721763.3053.323.710.812.89
PhilippinesPSE 94552558.5145.454.071.182.89
USNASDAQ 122582541667.3550.423.850.992.85
SpainIBEX 62462174.1945.653.931.172.76
NorwayOSE 110723165.4543.063.851.112.74
DenmarkCOPENHAGEN 52361469.2338.893.640.972.67
CanadaTSX-V 2161124251.8537.506.594.032.56
Austria WIENERBORSE 109890.0088.892.670.112.56
Vietnam HOSE 1571055766.8854.293.311.002.31
TaiwanGTSM 36523312563.8453.653.030.832.20
Greece ATHENS 47251153.1944.003.441.242.20
ArgentinaBUE 29181062.0755.563.221.112.11
Poland GPW 141874361.7049.434.152.142.01
TurkeyBIST 14121085.7183.332.000.002.00
AustraliaASX 45728113061.4946.263.691.721.97
BelgiumBRUSSELS 55311856.3658.062.480.521.97
ThailandSET 2911797161.5139.663.151.191.96
The World 2435716474816467.6849.532.991.071.92
RussiaMICEX 1491014267.7941.582.901.031.87
JapanTOKYO 1586108555668.4151.242.720.941.78
RussiaMICEX 49352171.4360.002.230.461.77
TaiwanTWSE 46330516965.8755.412.340.601.74
SwedenSTOCKHOLM 32922611768.6951.772.921.241.67
PortugalLISBON 1814577.7835.712.711.071.64
ChileBCS 79532967.0954.721.980.451.53
JapanFUKUOKA 664100.0066.673.171.671.50
KuwaitKSE 58301551.7250.002.601.171.43
QatarQE 1713876.4761.541.690.381.31
MexicoBMV 19141073.6871.431.500.211.29
JapanTOKYO 32161450.0087.501.310.061.25
SingaporeSGX 124783162.9039.743.412.241.17
CanadaTSX 74750023267.2046.221.860.781.08
BrazilBOVESPA 1814977.7864.291.430.361.07
SwitzerlandSIX 1721146266.2854.391.490.431.06
Poland GPW 39302076.9266.671.100.071.03
ArgentinaBUE 23171173.9164.711.120.121.00
Vietnam HOSE 32221468.7563.641.090.140.95
ChinaSSE 1958139567871.2548.602.011.060.95
IndiaNSE 2115871.4353.331.070.130.93
NorwayOSE 29191065.5252.631.050.160.89
MexicoBMV 74512468.9247.061.730.840.88
MalaysiaBURSA 3722289361.2940.792.741.880.86
USNYSE 1534110154571.7749.501.500.650.85
AustraliaASX 1512780.0058.331.000.170.83
NetherlandsAMSTERDAM 104783575.0044.871.220.400.82
GermanyXETRA 39728713072.2945.301.560.750.81
ChinaSZSE 2412171677971.1445.402.091.280.81
PakistanKSE 29231179.3147.830.870.130.74
FrancePARIS 43929914168.1147.161.580.880.71
TaiwanGTSM 1510566.6750.001.000.300.70
ItalyBORSA 39630012375.7641.001.460.780.69
IndonesiaIDX 2013965.0069.230.690.080.62
UKLSE 23171173.9164.710.880.290.59
CanadaTSX 25171368.0076.470.940.350.59
PhilippinesPSE 32191259.3863.160.840.260.58
BangladeshDSE 189450.0044.440.780.220.56
DenmarkCOPENHAGEN 34261676.4761.540.690.150.54
IsraelTASE 24171270.8370.590.760.240.53
ChileBCS 28211275.0057.140.710.190.52
Saudi ArabiaTADAWUL 108703264.8145.711.470.960.51
PortugalLISBON 24181075.0055.560.720.220.50
UAEUAE 35251071.4340.000.720.280.44
ThailandSET 3219959.3847.370.630.210.42
JapanNAGOYA 1917889.4747.061.531.120.41
ChinaSSE 27181066.6755.560.560.170.39
FOREXFOREX 37261470.2753.850.650.270.38
SingaporeSGX 36291380.5644.830.520.140.38
NetherlandsAMSTERDAM 25201180.0055.000.550.200.35
BelgiumBRUSSELS 25201180.0055.000.550.200.35
FrancePARIS 25191076.0052.630.530.210.32
GermanyXETRA 24191079.1752.630.530.210.32
ItalyBORSA 25191076.0052.630.530.210.32
USFOREX 45321771.1153.130.470.160.31
South KoreaKOSDAQ 30191363.3368.420.470.210.26
Greece ATHENS 25191176.0057.890.470.210.26
Austria WIENERBORSE 2317973.9152.940.470.240.24
SwedenSTOCKHOLM 31241377.4254.170.380.170.21
MalaysiaBURSA 2615757.6946.670.470.270.20
Hong KongHKEX 43351281.4034.290.490.310.17
SpainIBEX 27201074.0750.000.400.250.15
UAEUAE 3515542.8633.331.201.070.13
JapanSAPPORO 1000.
USPREFERRED 2401857377.0839.460.300.37-0.06
SwitzerlandSIX 2416766.6743.750.440.56-0.13
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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