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)
CanadaCSE 42342180.9561.769.243.295.94
USWARRANTS 69402657.9765.005.450.934.53
USOTC PINK 66984504250867.2955.655.731.634.10
OmanMSM 59382364.4160.534.791.243.55
USOTCBB 27191170.3757.896.893.533.37
Saudi ArabiaTADAWUL 100057837957.8065.573.860.633.23
South KoreaKOSDAQ 42692756173064.5662.774.010.943.07
IndiaNSE 83445037314560.3762.443.971.052.92
CanadaTSX-V 59441022869.0255.615.352.502.85
PortugalLISBON 1701187369.4161.863.460.642.82
IndiaBSE 134277577454756.4360.014.141.332.81
NorwayOSE 73948330065.3662.114.011.222.79
Hong KongHKEX 47942927164261.0656.103.981.192.79
JapanSAPPORO 1310776.9270.004.101.402.70
EgyptEGX 109161334856.1956.773.941.262.68
USNASDAQ 129068372498264.9159.473.350.782.58
ChinaSZSE 61723751212060.7756.523.601.032.56
ArgentinaBUE 30118111160.1361.333.561.092.47
TaiwanGTSM 2509143988157.3561.223.240.802.44
IndonesiaIDX 90358833065.1256.123.401.102.30
ChinaSSE 42052524145860.0257.773.150.872.28
USAMEX 1663110060466.3354.763.150.892.26
UAEUAE 1771065959.8955.663.351.112.24
IsraelTASE 142585049159.6557.763.000.862.13
BrazilBOVESPA 126978544361.8656.433.020.892.13
QatarQE 1711116664.9159.462.530.462.07
Greece ATHENS 29318810364.1654.793.441.382.06
SwedenSTOCKHOLM 2060126470761.3655.933.000.942.06
RussiaMICEX 66645426268.1757.712.830.782.06
South KoreaKRX 44522655154559.8857.952.700.692.01
MalaysiaBURSA 1799111058561.7052.702.910.961.95
TurkeyBIST 1705104358561.1756.092.690.811.89
SpainIBEX 72245527763.0260.882.600.761.85
The World 1884151155336462061.3355.922.820.991.84
TaiwanTWSE 35322061117858.3557.162.470.641.83
AustraliaASX 2982181897360.9753.522.871.141.73
BelgiumBRUSSELS 62042324968.2358.872.130.451.69
CanadaTSX 63394064218864.1153.842.290.611.68
JordanASE 2211206254.3051.672.751.161.59
JapanTOKYO 167059697513658.0552.962.440.921.52
KuwaitKSE 2511215448.2144.632.881.411.46
ItalyBORSA 45962841147461.8151.882.130.671.46
SingaporeSGX 1911557.8945.451.550.091.45
DenmarkCOPENHAGEN 52132717162.7652.292.290.861.43
SingaporeSGX 98561129762.0348.612.571.151.42
FOREXFOREX 41302073.1766.671.570.171.40
MexicoBMV 86655629764.2053.422.130.731.40
JapanFUKUOKA 50311762.0054.841.740.351.39
UKLSE 24161266.6775.001.560.191.38
IsraelTASE 22171577.2788.241.350.001.35
USNYSE 2085012922699961.9854.161.930.581.35
NetherlandsAMSTERDAM 145887945460.2951.651.830.581.25
Vietnam HOSE 39262066.6776.921.310.081.23
Austria WIENERBORSE 2541488158.2754.731.810.581.23
FrancePARIS 42342505131959.1652.651.920.701.23
RussiaMICEX 26231388.4656.521.650.521.13
GermanyXETRA 67884279215263.0450.291.780.671.11
IndiaNSE 35311788.5754.841.190.131.06
ChileBCS 29211172.4152.381.330.291.05
BrazilBOVESPA 34221364.7159.091.320.360.95
SwitzerlandSIX 2316769.5743.751.190.250.94
Hong KongHKEX 2113961.9069.231.150.230.92
TaiwanGTSM 26221784.6277.271.050.140.91
GermanyXETRA 24201183.3355.001.200.300.90
ChinaSSE 30221373.3359.091.050.180.86
NetherlandsAMSTERDAM 25211284.0057.141.140.290.86
BelgiumBRUSSELS 25211284.0057.141.140.290.86
PakistanKSE 35261774.2965.381.080.230.85
Poland GPW 39281571.7953.571.140.320.82
SwitzerlandSIX 2265143368663.2747.871.370.550.82
SpainIBEX 26201176.9255.001.100.300.80
UAEUAE 47392482.9861.540.920.150.77
PortugalLISBON 24191079.1752.631.050.320.74
ArgentinaBUE 39342187.1861.761.180.440.74
ItalyBORSA 25211184.0052.381.140.430.71
FrancePARIS 25211184.0052.381.140.430.71
MexicoBMV 38231260.5352.171.000.300.70
USFOREX 41281868.2964.291.000.320.68
CanadaTSX 179652.9466.671.000.330.67
SwedenSTOCKHOLM 4021952.5042.860.810.240.57
South KoreaKOSDAQ 127458.3357.141.140.570.57
PhilippinesPSE 3016953.3356.250.690.130.56
JapanNAGOYA 152933461.1836.561.380.820.56
Greece ATHENS 25201080.0050.001.000.450.55
Austria WIENERBORSE 24201083.3350.001.000.450.55
JapanTOKYO 32201262.5060.000.850.300.55
MalaysiaBURSA 43301669.7753.330.800.270.53
IndonesiaIDX 27191170.3757.890.740.210.53
TurkeyBIST 27181066.6755.560.670.170.50
PeruBVL 46321869.5756.250.840.380.47
AustraliaASX 42372188.1056.760.700.240.46
USPREFERRED 2106138463465.7245.810.700.310.38
NorwayOSE 24181275.0066.670.670.440.22
DenmarkCOPENHAGEN 26201276.9260.000.450.300.15
BangladeshDSE 1714882.3557.140.430.290.14
ThailandSET 34271679.4159.260.410.300.11
UKLSE 90805318286158.6253.752.202.27-0.06
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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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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