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 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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
OmanMSM 21150.00100.0025.000.0025.00
IndiaNSE 1601177073.1359.838.341.237.11
NorwayOSE 106460.0066.677.500.676.83
IndiaBSE 29619712066.5560.917.631.206.44
TaiwanGTSM 49281957.1467.866.460.366.11
UAEUAE 42250.00100.005.500.005.50
IndonesiaIDX 139669.2366.676.441.005.44
JapanFUKUOKA 111100.00100.
ChinaSZSE 84634275.0066.675.510.654.86
Hong KongHKEX 105704366.6761.435.040.664.39
BrazilBOVESPA 24181175.0061.114.890.564.33
South KoreaKOSDAQ 108745068.5267.574.890.684.22
SpainIBEX 119681.8266.674.560.444.11
BelgiumBRUSSELS 85562.50100.003.600.003.60
IsraelTASE 37281575.6853.574.040.643.39
AustraliaASX 53452884.9162.223.730.533.20
South KoreaKRX 106764971.7064.473.930.803.13
USNASDAQ 24517310770.6161.853.790.733.06
ChinaSSE 80613576.2557.383.790.743.05
The World 37562614158069.6060.443.870.843.03
GermanyXETRA 125865668.8065.123.340.432.91
JapanTOKYO 52036122769.4262.883.420.752.67
UKLSE 24216510468.1863.033.030.472.56
TurkeyBIST 128466.6750.003.381.132.25
CanadaTSX 121824467.7753.662.800.562.24
RussiaMICEX 1210883.3380.002.400.202.20
Austria WIENERBORSE 75271.4340.
USNYSE 40330418375.4360.202.880.742.14
JordanASE 111100.00100.
DenmarkCOPENHAGEN 98688.8975.002.380.382.00
QatarQE 127358.3342.862.290.431.86
SingaporeSGX 128566.6762.502.630.881.75
SwitzerlandSIX 45282062.2271.432.140.431.71
USOTC PINK 1851306470.2749.233.692.151.54
SwedenSTOCKHOLM 3019963.3347.373.001.631.37
Saudi ArabiaTADAWUL 26171365.3876.472.000.761.24
USAMEX 53271550.9455.561.740.521.22
TaiwanTWSE 59411669.4939.
EgyptEGX 209545.0055.562.221.111.11
MalaysiaBURSA 1410671.4360.
KuwaitKSE 111100.00100.
ItalyBORSA 110764069.0952.631.790.800.99
JapanNAGOYA 43175.0033.331.000.330.67
NetherlandsAMSTERDAM 2214563.6435.711.210.570.64
FrancePARIS 56422275.0052.381.360.810.55
MexicoBMV 169556.2555.561.111.000.11
TaiwanGTSM 1000.
PortugalLISBON 110100.
USPREFERRED 38271671.0559.261.041.11-0.07
Greece ATHENS 85262.5040.001.001.20-0.20
ArgentinaBUE 220100.
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
About Us
Important Links


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.