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)
IndiaNSE 95603663.1660.008.070.777.30
Saudi ArabiaTADAWUL 74357.1475.007.750.507.25
Greece ATHENS 41125.00100.007.000.007.00
QatarQE 332100.0066.676.670.006.67
ChinaSZSE 35282280.0078.576.750.436.32
JapanNAGOYA 221100.0050.006.000.006.00
South KoreaKOSDAQ 87594367.8272.885.880.765.12
RussiaMICEX 1511573.3345.456.551.734.82
USWARRANTS 121200.0050.005.501.004.50
DenmarkCOPENHAGEN 65483.3380.004.400.004.40
South KoreaKRX 79543868.3570.374.650.444.20
IsraelTASE 128666.6775.004.630.504.13
IndiaBSE 1581066067.0956.605.031.143.89
BrazilBOVESPA 128766.6787.503.750.133.63
NorwayOSE 105450.0080.004.000.403.60
SpainIBEX 96366.6750.003.500.003.50
USNASDAQ 1941428673.2060.564.250.853.41
CanadaTSX 64462571.8854.353.570.303.26
NetherlandsAMSTERDAM 139769.2377.783.110.113.00
ItalyBORSA 59402067.8050.003.730.782.95
The World 2052141781469.0557.453.800.922.88
TaiwanTWSE 42321976.1959.383.560.782.78
UKLSE 91642570.3339.063.530.922.61
USNYSE 24217310971.4963.013.080.492.60
JapanTOKYO 1761186467.0554.243.000.922.08
AustraliaASX 39291974.3665.522.380.342.03
GermanyXETRA 44312070.4564.522.580.741.84
FrancePARIS 2314760.8750.002.360.571.79
TaiwanGTSM 37251667.5764.002.560.801.76
MexicoBMV 85362.5060.002.200.601.60
USAMEX 2216972.7356.252.561.001.56
Hong KongHKEX 95663069.4745.453.001.551.45
USOTC PINK 68371654.4143.243.352.001.35
ChinaSSE 27201174.0755.001.951.000.95
TurkeyBIST 148357.1437.501.881.000.88
BelgiumBRUSSELS 333100.00100.000.330.000.33
IndonesiaIDX 139469.2344.441.331.110.22
SwitzerlandSIX 2115771.4346.670.800.730.07
PortugalLISBON 1000.000.000.000.000.00
USPREFERRED 3020966.6745.000.250.45-0.20
SingaporeSGX 96266.6733.330.831.17-0.33
Austria WIENERBORSE 120200.000.000.000.50-0.50
UAEUAE 221100.0050.005.005.50-0.50
CanadaTSX-V 83137.5033.332.673.33-0.67
EgyptEGX 83137.5033.332.003.00-1.00
MalaysiaBURSA 117363.6442.860.571.71-1.14
SwedenSTOCKHOLM 119481.8244.442.894.33-1.44
ArgentinaBUE 110100.000.000.004.00-4.00
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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