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 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
USOTCBB 106460.0066.676.831.335.50
USWARRANTS 62382761.2971.055.130.954.18
CanadaCSE 42301871.4360.007.733.634.10
USOTC PINK 59783994220466.8355.175.651.683.97
Saudi ArabiaTADAWUL 94655336558.4666.004.100.653.44
ChileBCS 26141253.8585.713.710.363.36
South KoreaKOSDAQ 40682686168466.0562.674.060.973.09
CanadaTSX-V 57339422068.7655.845.542.483.06
IndiaNSE 75664693296762.1263.133.960.982.97
IndiaBSE 118026993424859.2560.754.181.272.90
PakistanKSE 180486656448.0065.133.921.052.87
EgyptEGX 97453831055.2457.624.181.332.85
Hong KongHKEX 44722730153761.0556.304.021.192.82
PhilippinesPSE 52334121465.5862.393.500.692.80
ChinaSZSE 53623255188160.7057.793.841.052.79
UAEUAE 161975760.2558.763.881.092.78
ArgentinaBUE 29418411762.5963.593.871.102.77
NorwayOSE 69646627666.9559.233.991.272.72
JapanSAPPORO 1310776.9270.004.101.402.70
QatarQE 1491016467.7963.373.080.412.67
USNASDAQ 118977670456964.4659.583.370.782.59
PortugalLISBON 1611106968.3262.733.220.672.55
Poland GPW 1520100262065.9261.883.330.842.49
IndonesiaIDX 83653930964.4757.333.551.122.44
ChinaSSE 38132319135560.8258.433.240.872.38
TaiwanGTSM 2302131778957.2159.913.210.842.37
IsraelTASE 132778745459.3157.693.180.862.31
USAMEX 151199154465.5954.893.210.922.29
BrazilBOVESPA 119475342163.0755.913.080.872.21
OmanMSM 78522866.6753.853.981.812.17
BangladeshDSE 91758133363.3657.313.121.022.09
SwedenSTOCKHOLM 1995124170162.2156.493.060.982.08
South KoreaKRX 42202561148160.6957.832.700.682.02
MalaysiaBURSA 1639101954162.1753.092.990.972.01
Greece ATHENS 2581609062.0256.253.521.531.99
TurkeyBIST 157198655362.7656.092.730.801.93
The World 1816311118346290261.5856.232.860.991.86
Vietnam HNX 38222711459.4250.223.311.481.84
RussiaMICEX 63142023166.5655.002.630.811.83
AustraliaASX 2768168888960.9852.672.941.131.81
TaiwanTWSE 32641921110258.8557.372.420.621.79
CanadaTSX 58253695200963.4354.372.400.631.78
BelgiumBRUSSELS 57137821566.2056.882.180.471.72
SingaporeSGX 88054126461.4848.802.721.041.68
JordanASE 1911005252.3652.002.821.181.64
KuwaitKSE 2341175650.0047.862.981.381.61
Vietnam HOSE 104159331356.9652.783.081.491.60
JapanTOKYO 151578788469557.9853.432.420.891.53
SpainIBEX 64740623762.7558.372.330.811.52
DenmarkCOPENHAGEN 49730616161.5752.612.330.821.51
SingaporeSGX 2011555.0045.451.550.091.45
ItalyBORSA 41862639137563.0252.122.120.671.45
ThailandSET 1742106554261.1450.892.521.091.42
MexicoBMV 80552627665.3452.472.110.711.40
USNYSE 1889511779640262.3754.321.980.591.40
Austria WIENERBORSE 2291367759.3956.621.900.541.36
UKLSE 27191470.3773.681.470.161.32
FrancePARIS 40642450131560.2953.671.970.681.28
FOREXFOREX 45332173.3363.641.480.211.27
IsraelTASE 23181578.2683.331.280.061.22
NetherlandsAMSTERDAM 136782742360.5051.151.790.631.16
Vietnam HOSE 42292169.0572.411.170.101.07
GermanyXETRA 59163776194363.9651.351.720.651.07
Poland GPW 43311872.0958.061.320.291.03
IndiaNSE 37331889.1954.551.150.121.03
RussiaMICEX 28251389.2952.001.520.521.00
ChileBCS 31221270.9754.551.270.271.00
JapanFUKUOKA 51301758.8256.671.470.500.97
SwitzerlandSIX 2316769.5743.751.190.250.94
Hong KongHKEX 2113961.9069.231.150.230.92
BrazilBOVESPA 35221362.8659.091.320.410.91
GermanyXETRA 24201183.3355.001.200.300.90
TaiwanGTSM 28231882.1478.261.000.130.87
ChinaSSE 30221373.3359.091.050.180.86
NetherlandsAMSTERDAM 25211284.0057.141.140.290.86
BelgiumBRUSSELS 25211284.0057.141.140.290.86
JapanNAGOYA 135753155.5641.331.670.810.85
SpainIBEX 26201176.9255.001.100.300.80
SwitzerlandSIX 2049127459162.1846.391.360.590.77
PakistanKSE 37281775.6860.711.000.250.75
JapanTOKYO 35241668.5766.671.000.250.75
PortugalLISBON 24191079.1752.631.050.320.74
ArgentinaBUE 41342182.9361.761.180.440.74
MexicoBMV 42251359.5252.001.000.280.72
FrancePARIS 25211184.0052.381.140.430.71
ItalyBORSA 25211184.0052.381.140.430.71
UAEUAE 51412480.3958.540.880.170.71
CanadaTSX 199647.3766.671.000.330.67
USFOREX 44291865.9162.070.970.310.66
SwedenSTOCKHOLM 42221052.3845.450.820.230.59
MalaysiaBURSA 44311770.4554.840.840.260.58
PhilippinesPSE 35211260.0057.140.670.100.57
Greece ATHENS 25201080.0050.001.000.450.55
Austria WIENERBORSE 24201083.3350.001.000.450.55
TurkeyBIST 27181066.6755.560.670.170.50
IndonesiaIDX 29201268.9760.000.700.200.50
PeruBVL 46321869.5756.250.840.380.47
AustraliaASX 42372188.1056.760.700.240.46
USPREFERRED 1895123456665.1245.870.710.320.39
South KoreaKOSDAQ 158453.3350.001.000.630.38
DenmarkCOPENHAGEN 30231476.6760.870.570.260.30
NorwayOSE 26191373.0868.420.680.420.26
BangladeshDSE 2016980.0056.250.440.250.19
ThailandSET 35271677.1459.260.410.300.11
UKLSE 85104920263757.8153.602.222.42-0.21
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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