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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
JordanASE 46301265.2240.0010.301.778.53
OmanMSM 86675.00100.008.330.008.33
TurkeyBIST 1731157066.4760.878.360.627.74
USOTC PINK 88750521457.7241.808.864.644.22
UKLSE 98967238767.9557.595.030.964.07
IsraelTASE 1881237565.4360.984.720.694.02
BangladeshDSE 1611005162.1151.004.860.923.94
IndiaNSE 71244624162.7853.914.861.013.85
IndiaBSE 85858731068.4152.814.981.203.78
NorwayOSE 123823966.6747.564.601.103.50
Hong KongHKEX 151990640159.6444.264.901.633.27
IndonesiaIDX 2461648466.6751.
EgyptEGX 61432070.4946.514.421.423.00
Vietnam HNX 134803759.7046.254.681.842.84
PhilippinesPSE 143753152.4541.334.211.442.77
ArgentinaBUE 43251558.1460.003.400.682.72
RussiaMICEX 2071416168.1243.263.751.042.71
PakistanKSE 108653060.1946.153.851.202.65
BrazilBOVESPA 1601025063.7549.023.510.952.56
JapanFUKUOKA 11117100.0063.643.821.272.55
South KoreaKOSDAQ 93562031466.3150.653.501.002.50
ThailandSET 40223910459.4543.513.340.992.36
USNASDAQ 1690114256767.5749.653.431.172.26
Austria WIENERBORSE 129775.0077.782.670.442.22
CanadaCSE 94421547.8733.336.624.402.22
BelgiumBRUSSELS 67402359.7057.502.680.532.15
SwedenSTOCKHOLM 45729715064.9950.513.181.112.07
TaiwanGTSM 59439019665.6650.262.860.861.99
SpainIBEX 83632575.9039.683.251.271.98
Poland GPW 2201276257.7348.824.122.141.98
USAMEX 2591788468.7347.192.800.841.96
ChileBCS 129925571.3259.782.380.431.95
The World 31216210851061767.5850.322.991.051.93
JapanTOKYO 2401166386869.2652.192.740.961.79
TurkeyBIST 15131086.6776.921.850.081.77
AustraliaASX 56036616765.3645.633.671.931.75
Vietnam HOSE 2521568161.9051.922.671.011.66
TaiwanTWSE 71247324066.4350.742.190.581.61
South KoreaKRX 80954929767.8654.102.340.751.60
CanadaTSX 88961930069.6348.472.260.731.53
KuwaitKSE 97582359.7939.663.001.481.52
ChinaSZSE 2536177586869.9948.902.541.121.42
ChinaSSE 1972138670870.2851.082.310.951.36
QatarQE 37251267.5748.002.080.721.36
MexicoBMV 75532770.6750.941.980.621.36
DenmarkCOPENHAGEN 66451868.1840.002.361.091.27
Saudi ArabiaTADAWUL 1731136065.3253.102.080.821.26
RussiaMICEX 63472574.6053.191.700.451.26
MalaysiaBURSA 52030013057.6943.333.011.761.25
ArgentinaBUE 26201376.9265.001.350.101.25
Poland GPW 51402978.4372.501.230.051.18
FrancePARIS 55737519067.3250.671.810.661.15
ItalyBORSA 51640219477.9148.261.700.611.08
PortugalLISBON 2015475.0026.672.271.201.07
SingaporeSGX 1601004362.5043.
CanadaTSX-V 3101696554.5238.465.094.081.01
IndiaNSE 24191179.1757.891.050.110.95
GermanyXETRA 56842121274.1250.361.470.540.92
JapanTOKYO 38211755.2680.951.050.140.90
MexicoBMV 27191170.3757.891.160.260.89
AustraliaASX 2014870.0057.
USNYSE 1883137168972.8150.261.490.640.86
BrazilBOVESPA 24191279.1763.161.210.370.84
NorwayOSE 35211160.0052.380.950.140.81
TaiwanGTSM 2216772.7343.751.000.310.69
ChileBCS 39241561.5462.500.830.170.67
Greece ATHENS 56311555.3648.391.771.130.65
Vietnam HOSE 40291672.5055.170.860.240.62
PakistanKSE 35281380.0046.430.860.250.61
BangladeshDSE 2010550.0050.000.800.200.60
CanadaTSX 32191459.3873.680.890.320.58
SwitzerlandSIX 2011316265.1747.331.060.490.57
PhilippinesPSE 39231458.9760.870.780.260.52
NetherlandsAMSTERDAM 128893569.5339.330.940.430.52
DenmarkCOPENHAGEN 41321978.0559.380.630.130.50
PortugalLISBON 29231279.3152.170.650.170.48
FOREXFOREX 47341772.3450.000.760.320.44
IsraelTASE 32241575.0062.500.710.290.42
Greece ATHENS 31251480.6556.000.560.160.40
UKLSE 30231376.6756.520.650.300.35
UAEUAE 47321368.0940.630.630.280.34
BelgiumBRUSSELS 32271484.3851.850.480.150.33
NetherlandsAMSTERDAM 32271484.3851.850.480.150.33
SingaporeSGX 51381874.5147.370.450.130.32
ItalyBORSA 32261381.2550.000.460.150.31
GermanyXETRA 31261383.8750.000.460.150.31
FrancePARIS 32261381.2550.000.460.150.31
Austria WIENERBORSE 28221178.5750.000.450.180.27
ThailandSET 40251262.5048.000.480.240.24
ChinaSSE 36251269.4448.000.480.240.24
Hong KongHKEX 52431582.6934.880.530.300.23
USFOREX 56402171.4352.500.430.200.23
South KoreaKOSDAQ 44301668.1853.330.470.270.20
JapanNAGOYA 2920968.9745.001.401.200.20
SpainIBEX 33251275.7648.000.400.200.20
SwedenSTOCKHOLM 41341882.9352.940.350.180.18
IndonesiaIDX 29181062.0755.560.500.330.17
MalaysiaBURSA 3523865.7134.780.350.300.04
USPREFERRED 3062379877.4541.350.370.360.01
JapanSAPPORO 1000.
UAEUAE 44231052.2743.481.131.30-0.17
SwitzerlandSIX 41251160.9844.000.280.48-0.20
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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