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 72228.57100.008.500.008.50
DenmarkCOPENHAGEN 32166.6750.008.500.008.50
MalaysiaBURSA 92222.22100.006.500.006.50
USAMEX 106660.00100.006.330.006.33
USNYSE 56342060.7158.826.650.745.91
GermanyXETRA 94344.4475.006.000.255.75
USNASDAQ 33171151.5264.715.290.534.76
FrancePARIS 93233.3366.675.000.334.67
AustraliaASX 2213659.0946.155.851.234.62
South KoreaKOSDAQ 3113841.9461.544.920.924.00
BrazilBOVESPA 206430.0066.674.000.004.00
Hong KongHKEX 1710758.8270.004.600.703.90
CanadaTSX 2511544.0045.454.360.733.64
RussiaMICEX 32266.67100.003.500.003.50
BelgiumBRUSSELS 32266.67100.003.500.003.50
IndiaBSE 3517948.5752.944.531.293.24
ChinaSSE 75371.4360.004.401.203.20
The World 56127416948.8461.683.940.783.16
NorwayOSE 52140.0050.003.000.502.50
ChinaSZSE 87487.5057.143.711.292.43
South KoreaKRX 1810855.5680.002.500.402.10
USPREFERRED 42150.0050.002.500.502.00
ItalyBORSA 62133.3350.003.001.002.00
JapanTOKYO 44241554.5562.502.540.671.88
IndiaNSE 188744.4487.502.250.381.88
SingaporeSGX 53260.0066.671.670.001.67
TurkeyBIST 136346.1550.002.000.501.50
TaiwanTWSE 309530.0055.562.331.221.11
KuwaitKSE 111100.00100.001.000.001.00
IsraelTASE 21150.00100.001.000.001.00
UKLSE 2013565.0038.462.311.311.00
USOTC PINK 166337.5050.002.171.500.67
SwitzerlandSIX 97577.7871.430.570.140.43
NetherlandsAMSTERDAM 1000.000.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
USAMEX 111100.00100.000.000.000.00
USOTCBB 1000.000.000.000.000.00
SwedenSTOCKHOLM 145335.7160.001.601.600.00
JapanNAGOYA 1000.000.000.000.000.00
EgyptEGX 2000.000.000.000.000.00
UAEUAE 1000.000.000.000.000.00
Saudi ArabiaTADAWUL 1000.000.000.000.000.00
QatarQE 1000.000.000.000.000.00
SpainIBEX 1000.000.000.000.000.00
Greece ATHENS 2000.000.000.000.000.00
FOREXFOREX 1000.000.000.000.000.00
CanadaTSX-V 43275.0066.673.003.67-0.67
TaiwanGTSM 136346.1550.000.501.17-0.67
MexicoBMV 31033.330.000.001.00-1.00
Austria WIENERBORSE 110100.000.000.001.00-1.00
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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