BULLISH UNIQUE THREE RIVER BOTTOM
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 UNIQUE THREE RIVER BOTTOM
Definition
This is a three-candlestick pattern that somewhat looks like the Bullish Morning Star. It appears in a downtrend. The first day’s black candlestick engulfs the following small black body, which characteristically has a long lower shadow. The pattern is completed by a small white body, which closes below the close of the second day.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black candlestick is observed on the first day.
3. The second day is a black body that opens higher, trades at a new low, and then closes near the high.
4. The third day is a short white day below the second day.
Pattern Requirements and Flexibility
The Bullish Unique Three River Bottom should start with a strong black candlestick, and a short black candlestick that opens higher must follow it. The second day must trade at a new low, causing a long lower shadow that reaches lower than the previous day’s low. The body of this candlestick should be engulfed by the first day. The final and the third day of the pattern must be a short white body that is below the second day’s body.
Trader’s Behavior
The market is testing new lows and it produces a black day. The following day unexpectedly opens higher, however the bears show their strength and cause new lows to be reached during the day. The day closes near its open, leading to the formation of a short black candlestick. The strength of the bears is in question and indecision prevails in the market. On the next day, a small white body appears and ensures that the bears are losing strength.
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 lower of the last two lows. 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)
JordanASE 111100.00100.0019.000.0019.00
IndiaNSE 97623863.9261.298.110.747.37
Saudi ArabiaTADAWUL 74357.1475.007.750.507.25
Greece ATHENS 41125.00100.007.000.007.00
QatarQE 332100.0066.676.670.006.67
ChinaSZSE 37302481.0880.006.770.406.37
JapanNAGOYA 221100.0050.006.000.006.00
South KoreaKOSDAQ 89614468.5472.135.900.745.16
USWARRANTS 121200.0050.005.501.004.50
RussiaMICEX 1512580.0041.676.001.674.33
CanadaTSX-V 94244.4450.006.752.504.25
IsraelTASE 128666.6775.004.630.504.13
South KoreaKRX 83584169.8870.694.400.404.00
IndiaBSE 1621086166.6756.484.951.143.81
BrazilBOVESPA 128766.6787.503.750.133.63
SpainIBEX 96366.6750.003.500.003.50
USNASDAQ 1981468973.7460.964.190.843.36
CanadaTSX 66482572.7352.083.420.333.08
NetherlandsAMSTERDAM 149764.2977.783.110.113.00
DenmarkCOPENHAGEN 76485.7166.673.670.673.00
ItalyBORSA 59402067.8050.003.700.782.93
The World 2115146984769.4657.663.760.902.86
TaiwanTWSE 42321976.1959.383.560.782.78
USNYSE 24417410971.3162.643.060.492.56
NorwayOSE 116454.5566.673.330.832.50
UKLSE 99703070.7142.863.390.902.49
JapanTOKYO 1861276868.2853.542.850.861.99
AustraliaASX 40301975.0063.332.300.331.97
GermanyXETRA 45312068.8964.522.580.741.84
FrancePARIS 2314760.8750.002.360.571.79
TaiwanGTSM 38261668.4261.542.460.771.69
Hong KongHKEX 97693371.1347.833.061.481.58
USAMEX 2216972.7356.252.561.001.56
USOTC PINK 70381754.2944.743.391.951.45
MexicoBMV 106460.0066.671.830.501.33
BelgiumBRUSSELS 54480.00100.001.250.001.25
ChinaSSE 28211275.0057.141.860.950.90
TurkeyBIST 148357.1437.501.881.000.88
IndonesiaIDX 139469.2344.441.331.110.22
SwitzerlandSIX 2115771.4346.670.800.730.07
PortugalLISBON 1000.000.000.000.000.00
ArgentinaBUE 221100.0050.002.002.000.00
USPREFERRED 3020966.6745.000.250.45-0.20
SingaporeSGX 96266.6733.330.831.17-0.33
UAEUAE 221100.0050.005.005.50-0.50
Austria WIENERBORSE 120200.000.000.000.50-0.50
EgyptEGX 83137.5033.332.003.00-1.00
MalaysiaBURSA 117363.6442.860.571.71-1.14
SwedenSTOCKHOLM 1410471.4340.002.604.00-1.40
USOTCBB 110100.000.000.0015.00-15.00
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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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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