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 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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
JordanASE 111100.00100.0014.000.0014.00
Saudi ArabiaTADAWUL 74357.1475.007.750.507.25
Greece ATHENS 41125.00100.
IndiaNSE 103653863.1158.467.770.916.86
QatarQE 332100.0066.676.670.006.67
ChinaSZSE 42332778.5781.826.790.366.42
JapanNAGOYA 221100.0050.
South KoreaKOSDAQ 92624567.3972.586.050.735.32
USWARRANTS 121200.0050.005.501.004.50
RussiaMICEX 1512580.0041.676.001.674.33
South KoreaKRX 85604070.5966.674.300.403.90
IsraelTASE 1610762.5070.004.200.503.70
IndiaBSE 1671126167.0754.464.781.143.63
SpainIBEX 96366.6750.003.500.003.50
USNASDAQ 2031519174.3860.264.110.863.25
BrazilBOVESPA 159760.0077.783.330.113.22
NetherlandsAMSTERDAM 149764.2977.783.110.113.00
DenmarkCOPENHAGEN 76485.7166.673.670.673.00
CanadaTSX 72522772.2251.923.330.333.00
CanadaTSX-V 94244.4450.005.502.503.00
NorwayOSE 116454.5566.673.330.502.83
TaiwanTWSE 45352277.7862.863.540.712.83
The World 2200152287169.1857.233.720.902.81
ItalyBORSA 61422068.8547.623.520.812.71
USNYSE 25517911270.2062.573.000.482.52
UKLSE 104733170.1942.473.260.932.33
USOTC PINK 73411856.1643.904.242.072.17
AustraliaASX 40301975.0063.332.300.331.97
JapanTOKYO 1941327268.0454.552.800.851.95
GermanyXETRA 47332270.2166.672.640.701.94
FrancePARIS 2314760.8750.002.360.571.79
TaiwanGTSM 38261668.4261.542.460.771.69
USAMEX 2216972.7356.252.561.001.56
BelgiumBRUSSELS 64466.67100.001.500.001.50
Hong KongHKEX 100723372.0045.832.961.491.47
MexicoBMV 106460.0066.671.830.501.33
ArgentinaBUE 332100.0066.672.671.331.33
ChinaSSE 30211270.0057.141.860.950.90
TurkeyBIST 158353.3337.501.881.000.88
IndonesiaIDX 139469.2344.441.331.110.22
SwitzerlandSIX 2215768.1846.670.800.730.07
PortugalLISBON 1000.
USPREFERRED 3020966.6745.000.250.45-0.20
SingaporeSGX 96266.6733.330.831.17-0.33
Austria WIENERBORSE 120200.
UAEUAE 221100.0050.005.005.50-0.50
EgyptEGX 83137.5033.332.003.00-1.00
MalaysiaBURSA 117363.6442.860.571.71-1.14
SwedenSTOCKHOLM 1610462.5040.002.604.00-1.40
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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