BEARISH TRI STAR
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 selling decisions.
BEARISH TRI STAR
Definition
The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare, so when it occurs it should not be ignored.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. Three consecutive Doji are seen.
3. The second day gaps above the first and the third.
Pattern Requirements and Flexibility
The Bearish Three Star consists of three consecutive Doji, in which the second Doji gaps above the two other Doji. It is sufficient that the gap is a body gap. There is no need for a gap between shadows.
Trader’s Behavior
In the case of a Bearish Tri Star we have a market, which is in an uptrend for a long time. However, the weakening trend is probably indicated by the bodies that are becoming smaller. The first doji is a matter of concern. The second Doji clearly indicates that market is losing its direction. Finally, the third doji warns that the uptrend is over. This pattern indicates too much indecision leading to the reversal of positions.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish 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)
USOTCBB 53360.00100.0012.330.0012.33
Austria WIENERBORSE 62233.33100.008.500.008.50
CanadaCSE 222100.00100.005.000.005.00
UAEUAE 54380.0075.005.250.504.75
TaiwanGTSM 56362464.2966.674.500.613.89
IsraelTASE 67432564.1858.144.670.913.77
DenmarkCOPENHAGEN 1814977.7864.294.070.363.71
BelgiumBRUSSELS 1412685.7150.003.920.253.67
SwedenSTOCKHOLM 44271461.3651.853.930.813.11
ArgentinaBUE 52240.00100.003.000.003.00
KuwaitKSE 2516864.0050.003.750.753.00
South KoreaKOSDAQ 3516845.7150.003.380.752.63
AustraliaASX 102733071.5741.103.451.072.38
ChinaSZSE 64422765.6364.292.670.292.38
BrazilBOVESPA 51391776.4743.592.640.592.05
IndiaBSE 38025214066.3255.563.931.902.02
South KoreaKRX 148974765.5448.452.290.282.01
USNASDAQ 34022412065.8853.572.620.612.01
Saudi ArabiaTADAWUL 63250.0066.672.000.002.00
MexicoBMV 37151040.5466.672.470.601.87
JordanASE 86375.0050.004.332.501.83
QatarQE 54380.0075.001.750.001.75
IndiaNSE 121784264.4653.853.331.591.74
UKLSE 34122811366.8649.562.180.571.61
JapanTOKYO 40926914165.7752.422.570.981.59
Hong KongHKEX 1611116168.9454.952.531.051.49
ChinaSSE 109773570.6445.451.660.221.44
CanadaTSX-V 45331573.3345.454.913.671.24
CanadaTSX 3122019164.4245.271.690.521.17
TurkeyBIST 37301281.0840.002.101.031.07
TaiwanTWSE 60442073.3345.452.021.050.98
USNYSE 61841522067.1553.011.390.410.97
USAMEX 47411887.2343.901.850.900.95
GermanyXETRA 2631829869.2053.851.400.450.95
NorwayOSE 129375.0033.331.780.890.89
EgyptEGX 2923979.3139.132.351.480.87
RussiaMICEX 43261160.4742.312.191.420.77
FrancePARIS 2231376961.4350.361.240.550.69
NetherlandsAMSTERDAM 81632577.7839.680.940.570.37
SwitzerlandSIX 110633157.2749.210.980.650.33
ItalyBORSA 1871315170.0538.930.660.380.27
SpainIBEX 108380.0037.500.750.500.25
USPREFERRED 113753266.3742.670.280.280.00
USAMEX 111100.00100.000.000.000.00
OmanMSM 93233.3366.671.001.000.00
Austria WIENERBORSE 110100.000.000.000.000.00
IndonesiaIDX 148357.1437.502.632.630.00
Greece ATHENS 53260.0066.671.331.330.00
JapanNAGOYA 43175.0033.331.671.670.00
MalaysiaBURSA 85572167.0636.841.371.53-0.16
SingaporeSGX 4428863.6428.571.071.25-0.18
The World 57133842193467.2550.342.423.33-0.91
JapanFUKUOKA 440100.000.000.001.50-1.50
USWARRANTS 110100.000.000.003.00-3.00
PortugalLISBON 21050.000.000.005.00-5.00
USOTC PINK 35324613769.6955.696.0240.48-34.45
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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