BEARISH DOJI STAR
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 selling decisions.
BEARISH DOJI STAR
Definition
This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called “Bearish Dragonfly Doji”. In case of an Inverted Umbrella it is called “Bearish Gravestone Doji”. Here, all these patterns are subsumed under the name: “Bearish Doji Star”, regardless of the shape of the Doji.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. On the first day a white candlestick is observed.
3. Then, we see a Doji on the second day that gaps up.
Pattern Requirements and Flexibility
The Bearish Doji Star should start with a normal or long white candlestick. It must continue with a Doji gapping up.
Trader’s Behavior
The market is in an uptrend and a strong white candlestick further confirms it. The next day opens higher with a gap up, and the trading is in a small range. The day closes at the opening price, leading to the formation of a Doji. Bulls were in control during the uptrend but now a change is implied by the appearance of a Doji star, which shows that the bulls and the bears are in equilibrium. The upward energy is dissipating. Things are not favorable for the continuation of a bull market.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint of the gap between the Doji and the previous candlestick. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 48134222071.1064.339.473.475.99
USOTCBB 106460.0066.676.831.335.50
CanadaTSX-V 1791122469868.3457.036.662.564.10
Vietnam HNX 75842423455.9455.194.621.413.20
IndonesiaIDX 2232144278964.6154.724.291.293.00
BangladeshDSE 1788110267461.6361.164.201.272.92
USOTC PINK 141419353472466.2350.445.442.552.89
SwedenSTOCKHOLM 51893329184764.1955.454.051.342.71
JapanSAPPORO 1310776.9270.004.101.402.70
Hong KongHKEX 85095342295062.7855.224.091.422.67
South KoreaKOSDAQ 90175732314463.7154.733.931.442.49
USNASDAQ 2899018788962964.8451.233.741.392.35
ChinaSZSE 1805810771601859.6555.873.441.102.33
DenmarkCOPENHAGEN 95461632364.5752.443.351.032.32
ChileBCS 42224113857.1157.263.210.912.30
EgyptEGX 159785445253.4852.933.731.622.10
PakistanKSE 2679161086560.0653.763.541.462.08
TurkeyBIST 56463068155054.6850.213.791.722.07
Poland GPW 2710183699967.7554.413.491.422.07
ChinaSSE 159099774536961.4454.933.031.002.03
IndiaNSE 2110311655627155.2453.803.441.422.02
IndiaBSE 3062815731843151.3753.593.651.642.00
NorwayOSE 1988130665665.7450.193.311.441.86
Vietnam HOSE 2957155481952.5552.703.081.211.86
JapanFUKUOKA 79432154.4348.842.310.501.81
IsraelTASE 58773367173157.2951.412.801.011.79
PhilippinesPSE 99666835667.0753.292.861.081.78
JordanASE 180844846.6757.142.710.951.76
PortugalLISBON 2171286458.9950.002.340.721.62
RussiaMICEX 123925174.8055.432.010.401.61
South KoreaKRX 108866289317757.7750.522.550.941.61
MalaysiaBURSA 33472128106663.5850.093.131.541.60
UAEUAE 37722611259.9549.562.851.261.59
SpainIBEX 122776040661.9453.422.540.951.59
OmanMSM 118693460.1747.892.901.321.58
MexicoBMV 2189144068965.7847.852.911.351.57
The World 47323728358814167760.5849.422.701.141.56
TaiwanGTSM 62453569188657.1552.842.631.091.54
Greece ATHENS 78150326264.4052.092.681.151.53
Saudi ArabiaTADAWUL 1932114661459.3253.582.320.851.47
Austria WIENERBORSE 104762130259.3148.632.601.151.45
ThailandSET 45322776136061.2548.992.641.201.45
BrazilBOVESPA 58943756182663.8348.542.431.001.43
TaiwanTWSE 93835285264556.3350.052.290.961.33
JapanTOKYO 3270420123997261.5349.562.371.081.30
CanadaTSX 142398340393058.6047.102.230.971.26
AustraliaASX 85595394251563.0246.632.791.591.20
UKLSE 2267013833640261.0646.252.211.021.19
FrancePARIS 80374987237962.0647.692.100.911.19
JapanNAGOYA 2361537364.8347.712.060.931.13
SingaporeSGX 122275432961.7043.632.461.341.12
QatarQE 31718410158.0454.891.850.751.11
BelgiumBRUSSELS 70744721763.2248.551.970.891.09
USNYSE 46529285911332561.4546.611.990.931.05
ChileBCS 126894970.6355.061.220.240.99
USAMEX 71494378177461.2440.521.840.920.92
KuwaitKSE 75849723865.5747.891.921.020.90
FOREXFOREX 1631135969.3352.211.650.760.89
SwitzerlandSIX 90634170.0065.081.080.220.86
IsraelTASE 118845071.1959.520.990.140.85
JapanTOKYO 121714358.6860.561.100.270.83
MexicoBMV 125834966.4059.041.010.250.76
UAEUAE 1581208075.9566.670.920.180.74
GermanyXETRA 2202513087575559.4243.971.530.810.72
Hong KongHKEX 95724675.7963.890.960.240.72
UKLSE 118824369.4952.441.100.380.72
Poland GPW 1401055775.0054.290.960.270.70
NetherlandsAMSTERDAM 38092307100360.5743.481.500.830.67
ItalyBORSA 135848311360561.2343.341.580.910.67
NorwayOSE 131895567.9461.800.980.330.65
IndiaNSE 106684164.1560.290.840.240.60
SwitzerlandSIX 63263919164261.9541.901.430.850.58
PortugalLISBON 96764779.1761.840.750.170.58
USFOREX 147986366.6764.290.790.220.56
GermanyXETRA 92734579.3561.640.710.180.53
Vietnam HOSE 133965172.1853.130.700.200.50
TaiwanGTSM 1371025874.4556.860.730.230.50
PhilippinesPSE 1451015269.6651.490.690.200.50
NetherlandsAMSTERDAM 93734478.4960.270.670.180.49
BelgiumBRUSSELS 93734478.4960.270.670.180.49
FrancePARIS 93744579.5760.810.700.220.49
ItalyBORSA 93744579.5760.810.700.220.49
SpainIBEX 99734473.7460.270.670.190.48
DenmarkCOPENHAGEN 1471176779.5957.260.680.200.48
SingaporeSGX 96693371.8847.830.670.200.46
PakistanKSE 1501085372.0049.070.810.360.44
Austria WIENERBORSE 89704278.6560.000.670.230.44
Greece ATHENS 89694177.5359.420.670.230.43
South KoreaKOSDAQ 85633874.1260.320.680.250.43
ChinaSSE 121874371.9049.430.670.260.40
BrazilBOVESPA 1611074766.4643.930.860.480.38
AustraliaASX 1331005075.1950.000.610.230.38
MalaysiaBURSA 135954670.3748.420.590.260.33
IndonesiaIDX 89633470.7953.970.570.250.32
BangladeshDSE 106884783.0253.410.480.170.31
ArgentinaBUE 157894256.6947.190.740.470.27
CanadaTSX 97723574.2348.610.610.350.26
ThailandSET 133954871.4350.530.480.250.23
SwedenSTOCKHOLM 1741135364.9446.900.570.370.19
TurkeyBIST 141933865.9640.860.860.730.13
USWARRANTS 3871168.730.380.070.000.07
ArgentinaBUE 102660227758.6746.012.652.620.03
USPREFERRED 27758265.370.110.000.000.00
RussiaMICEX 16200058.770.000.000.000.00
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.

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