BULLISH STICK SANDWICH
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 STICK SANDWICH
Definition
This pattern has two black bodies with a white body between them. That is why it looks like a sandwich. The closing of both black candlesticks at the same level shows that a support price has been established.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. We see a black candlestick on the first day.
3. A white body that trades above the close of the previous black body follows.
4. The third day is a black day with a close equal to the first day.
Pattern Requirements and Flexibility
The Bullish Stick Sandwich starts with a strong black candlestick, and a white candlestick that opens at the previous close or at a higher level follows it. The white body closes above the black body of the first day. The third day opens with an upside gap but closes exactly at the same level with the first day’s close.
Trader’s Behavior
The market is testing new lows and it produces a black day. The following day unexpectedly opens higher and then trades higher all day, closing at or near its high. This action suggests that the downtrend has reversed and that short traders should be careful. The next day, prices open even higher, which should cause some short covering initially, but then prices drift lower to close at the same price as two days ago. Traders take note of the support price implied by the two same level closes.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint between the last two closes. 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)
IndonesiaIDX 72228.57100.0012.500.0012.50
RussiaMICEX 333100.00100.0011.330.0011.33
MalaysiaBURSA 82225.00100.006.500.006.50
USAMEX 117663.6485.716.860.436.43
USNYSE 66352354.5563.896.720.336.39
USNASDAQ 46171036.9658.826.710.416.29
CanadaTSX 237430.4357.146.290.715.57
BrazilBOVESPA 185427.7880.005.200.005.20
IsraelTASE 222100.00100.005.000.005.00
AustraliaASX 2113761.9053.855.921.234.69
FrancePARIS 73242.8666.675.000.334.67
Hong KongHKEX 249637.5066.675.000.784.22
Vietnam HOSE 41125.00100.004.000.004.00
IndiaBSE 3114845.1657.145.071.074.00
South KoreaKOSDAQ 3112738.7158.334.831.003.83
BelgiumBRUSSELS 32266.67100.003.500.003.50
ChinaSSE 75371.4360.004.401.003.40
The World 64129516746.3356.233.820.902.92
South KoreaKRX 167543.7571.433.140.572.57
NorwayOSE 52140.0050.003.000.502.50
ChinaSZSE 87487.5057.143.431.292.14
JapanTOKYO 58321655.1750.002.910.912.00
SingaporeSGX 42150.0050.001.500.001.50
USPREFERRED 43175.0033.331.670.331.33
AustraliaASX 111100.00100.001.000.001.00
GermanyXETRA 73142.8633.331.330.331.00
KuwaitKSE 111100.00100.001.000.001.00
Poland GPW 116354.5550.001.500.501.00
UKLSE 1814677.7842.862.431.500.93
SwedenSTOCKHOLM 146442.8666.671.831.330.50
PakistanKSE 73242.8666.670.330.000.33
SwitzerlandSIX 107570.0071.430.570.290.29
Vietnam HNX 2000.000.000.000.000.00
UKLSE 1000.000.000.000.000.00
USFOREX 111100.00100.000.000.000.00
JapanNAGOYA 1000.000.000.000.000.00
UAEUAE 2000.000.000.000.000.00
NetherlandsAMSTERDAM 1000.000.000.000.000.00
EgyptEGX 2000.000.000.000.000.00
QatarQE 1000.000.000.000.000.00
Greece ATHENS 2000.000.000.000.000.00
SpainIBEX 1000.000.000.000.000.00
DenmarkCOPENHAGEN 21050.000.000.000.000.00
FOREXFOREX 1000.000.000.000.000.00
TaiwanTWSE 309430.0044.441.671.78-0.11
TurkeyBIST 147350.0042.860.710.86-0.14
USOTC PINK 167343.7542.861.862.14-0.29
IndiaNSE 164225.0050.000.501.00-0.50
CanadaTSX-V 43275.0066.673.003.67-0.67
TaiwanGTSM 127358.3342.860.431.29-0.86
MexicoBMV 31033.330.000.001.00-1.00
BangladeshDSE 112118.1850.000.001.00-1.00
Austria WIENERBORSE 110100.000.000.001.00-1.00
ThailandSET 110100.000.000.001.00-1.00
Saudi ArabiaTADAWUL 21050.000.000.002.00-2.00
ItalyBORSA 73142.8633.330.332.67-2.33
PhilippinesPSE 61033.330.000.002.50-2.50
ThailandSET 115045.450.000.004.20-4.20
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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