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)
PhilippinesPSE 32266.67100.0018.500.0018.50
OmanMSM 32166.6750.0012.503.009.50
IndiaNSE 126965476.1956.258.191.326.86
SpainIBEX 108880.00100.006.630.006.63
JapanFUKUOKA 111100.00100.
PakistanKSE 53332062.2660.617.061.125.94
TaiwanGTSM 43281865.1264.296.290.435.86
UAEUAE 52240.00100.005.500.005.50
IsraelTASE 38291876.3262.075.830.555.28
IndiaBSE 27117910066.0555.876.691.525.17
South KoreaKOSDAQ 97684670.1067.655.850.715.15
IndonesiaIDX 119681.8266.676.111.005.11
ThailandSET 1911757.8963.645.550.644.91
ChinaSZSE 80583972.5067.245.470.694.78
Vietnam HNX 43275.0066.676.001.674.33
Hong KongHKEX 97654167.0163.085.000.694.31
Vietnam HOSE 129475.0044.444.781.003.78
AustraliaASX 50422784.0064.294.000.433.57
JapanTOKYO 44629919467.0464.884.020.733.29
South KoreaKRX 102744672.5562.163.990.843.15
ChinaSSE 77543270.1359.263.700.653.06
QatarQE 116454.5566.673.000.003.00
The World 35932459147268.4459.863.850.892.97
USNASDAQ 23216010268.9763.753.310.572.74
GermanyXETRA 103673865.0556.723.220.492.73
BrazilBOVESPA 20161080.0062.503.250.562.69
BelgiumBRUSSELS 63350.00100.002.670.002.67
UKLSE 24216710369.0161.683.060.502.56
TurkeyBIST 107370.0042.863.291.002.29
CanadaTSX 113764267.2655.262.720.582.14
USNYSE 40029718074.2560.612.880.762.11
JordanASE 111100.00100.
RussiaMICEX 75471.4380.
SwitzerlandSIX 42282066.6771.432.210.391.82
TaiwanTWSE 57351461.4040.002.741.061.69
Saudi ArabiaTADAWUL 22141163.6478.572.360.791.57
NorwayOSE 106460.0066.672.831.331.50
MalaysiaBURSA 1411778.5763.642.180.731.45
USAMEX 44221150.0050.001.910.641.27
DenmarkCOPENHAGEN 1110790.9170.001.900.701.20
ItalyBORSA 117753964.1052.001.961.040.92
USOTC PINK 1641155370.1246.093.182.430.75
EgyptEGX 1911757.8963.641.641.090.55
USWARRANTS 42150.0050.000.500.000.50
MexicoBMV 1811761.1163.641.180.820.36
Austria WIENERBORSE 54180.0025.
NetherlandsAMSTERDAM 2213459.0930.770.770.620.15
SwedenSTOCKHOLM 2817960.7152.941.651.590.06
FrancePARIS 50341568.0044.120.970.940.03
TaiwanGTSM 1000.
PortugalLISBON 110100.
SingaporeSGX 96466.6766.670.500.500.00
ArgentinaBUE 2000.
USPREFERRED 36251669.4464.001.081.20-0.12
Greece ATHENS 65283.3340.001.001.20-0.20
Poland GPW 209345.0033.331.331.78-0.44
JapanNAGOYA 220100.
BangladeshDSE 114036.360.000.001.00-1.00
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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