BULLISH DOWNSIDE GAP TWO RABBITS
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.
BULLISH DOWNSIDE GAP TWO RABBITS
Definition
This is a three-candlestick bullish reversal pattern. The gap between the white body of the second day and the black body of the first day represents the downside gap. The white candlesticks of the second and third day represent the rabbits ready to jump out of their burrow.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A normal or long black candlestick appears on the first day.
3. The second day is a short white candlestick that gaps down.
4. On the last day another white candlestick appears that opens at or below the open, and then closes above the close of the previous day, but still below the close of the first day.
Pattern Requirements and Flexibility
The Downside Gap Two Rabbits should start with a normal or long black body. A short white body characterized by a downside body gap follows. The third day is another white body that engulfs the second day. The third day may open at or below the open of the second day. The third day should close below the body limits of the first day, leaving the gap created between the first and the second days still unfilled.
Trader’s Behavior
A downtrend has been in place, and the black candlestick adds to the bearishness that is already present. The following day opens lower with a gap down. Prices rise a little bit, and a short white candlestick is observed. The bears are not alarmed by this day, because even though a white body appears, prices fail to close above the close of the previous day. The third day opens at or below the open of the second day, but it rallies throughout the day and closes above the previous close. The two consecutive white bodies show that the strength of the downtrend has been questioned.
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.
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)
OmanMSM 32166.6750.0012.503.009.50
IndiaNSE 1481096573.6559.638.701.227.48
IndiaBSE 26317911368.0663.137.821.086.73
TaiwanGTSM 44251756.8268.006.360.366.00
NorwayOSE 95355.5660.006.800.806.00
UAEUAE 42250.00100.005.500.005.50
ChinaSZSE 71543476.0662.965.910.635.28
JapanFUKUOKA 111100.00100.005.000.005.00
Hong KongHKEX 95654068.4261.545.310.574.74
BrazilBOVESPA 23181178.2661.115.060.564.50
SpainIBEX 108680.0075.004.380.254.13
IndonesiaIDX 128566.6762.505.131.134.00
South KoreaKOSDAQ 101694669.3165.714.510.663.86
BelgiumBRUSSELS 85562.50100.003.400.003.40
South KoreaKRX 99724672.7363.894.110.823.29
USNASDAQ 2201559570.4561.294.030.773.26
The World 33972356142669.3860.503.950.843.11
GermanyXETRA 116795368.1067.093.490.423.08
ChinaSSE 61502581.9750.003.900.863.04
UKLSE 2091429367.9465.493.430.492.94
IsraelTASE 36271475.0051.853.700.852.85
QatarQE 105350.0060.003.200.602.60
JapanTOKYO 47432420168.3562.043.230.802.44
CanadaTSX 111774369.3755.842.940.562.38
USNYSE 36026516473.6161.893.030.742.29
Austria WIENERBORSE 75271.4340.002.200.002.20
AustraliaASX 49402481.6360.002.630.602.03
RussiaMICEX 119781.8277.782.220.222.00
JordanASE 111100.00100.002.000.002.00
DenmarkCOPENHAGEN 886100.0075.002.380.382.00
Saudi ArabiaTADAWUL 24151262.5080.002.130.271.87
USOTC PINK 1631135569.3348.673.821.981.84
SwitzerlandSIX 41261963.4173.082.190.381.81
SingaporeSGX 128566.6762.502.630.881.75
SwedenSTOCKHOLM 2718966.6750.003.171.441.72
TurkeyBIST 128366.6737.503.001.631.38
TaiwanTWSE 58411670.6939.022.201.021.17
USAMEX 52261450.0053.851.650.621.04
JapanNAGOYA 43275.0066.671.000.001.00
MalaysiaBURSA 1310676.9260.002.201.201.00
KuwaitKSE 111100.00100.001.000.001.00
ItalyBORSA 99683568.6951.471.740.930.81
FrancePARIS 57432275.4451.161.530.810.72
NetherlandsAMSTERDAM 1810455.5640.001.300.600.70
EgyptEGX 177341.1842.861.711.430.29
Greece ATHENS 84250.0050.001.251.000.25
USWARRANTS 31033.330.000.000.000.00
USPREFERRED 34231367.6556.521.091.26-0.17
MexicoBMV 126350.0050.000.501.17-0.67
ArgentinaBUE 110100.000.000.001.00-1.00
CanadaTSX-V 62033.330.000.0013.00-13.00
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
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