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)
TaiwanGTSM 111100.00100.008.000.008.00
CanadaCSE 111100.00100.008.000.008.00
Austria WIENERBORSE 62133.3350.008.501.507.00
Saudi ArabiaTADAWUL 139769.2377.785.330.225.11
CanadaTSX-V 61482678.6954.177.152.944.21
DenmarkCOPENHAGEN 139569.2355.564.440.334.11
JordanASE 64266.6750.006.252.254.00
South KoreaKOSDAQ 40221655.0072.734.410.593.82
IsraelTASE 70432461.4355.814.671.073.60
ChinaSZSE 84543764.2968.523.350.313.04
Hong KongHKEX 1591146571.7057.023.560.842.72
BelgiumBRUSSELS 87387.5042.863.290.572.71
TaiwanGTSM 53362467.9266.673.000.442.56
BrazilBOVESPA 54401874.0745.003.080.582.50
OmanMSM 106360.0050.003.501.002.50
KuwaitKSE 2313656.5246.152.770.382.38
UAEUAE 86375.0050.004.001.672.33
IndiaNSE 132924869.7052.173.541.242.30
SwedenSTOCKHOLM 43261560.4757.692.730.502.23
USNASDAQ 36424914068.4156.222.720.582.14
TaiwanTWSE 60462476.6752.172.740.871.87
NorwayOSE 12126100.0050.002.751.001.75
BangladeshDSE 43271362.7948.152.630.891.74
QatarQE 43275.0066.671.670.001.67
ThailandSET 77502564.9450.002.260.661.60
RussiaMICEX 51331564.7145.452.611.031.58
IndiaBSE 40327215067.4955.153.552.001.55
UKLSE 35323611466.8648.312.090.561.53
JapanTOKYO 39425712965.2350.192.500.981.51
ChinaSSE 1671295077.2538.761.510.211.30
AustraliaASX 102813579.4143.212.361.121.23
South KoreaKRX 151944462.2546.811.410.211.20
CanadaTSX 3312229667.0743.241.740.571.17
Vietnam HOSE 2415862.5053.332.201.131.07
PhilippinesPSE 111100.00100.001.000.001.00
GermanyXETRA 27118810469.3755.321.230.360.88
TurkeyBIST 2824985.7137.501.790.960.83
MexicoBMV 36221161.1150.002.001.180.82
ArgentinaBUE 74257.1450.001.500.750.75
USNYSE 65444322967.7451.691.080.440.64
USAMEX 63471774.6036.171.570.960.62
PhilippinesPSE 1510666.6760.002.101.500.60
FrancePARIS 2711618259.4150.931.120.570.55
Poland GPW 84593070.2450.851.320.810.51
ItalyBORSA 2051526374.1541.450.700.370.33
SwitzerlandSIX 116732662.9335.620.860.620.25
Vietnam HOSE 554100.0080.000.200.000.20
SpainIBEX 106260.0033.330.830.670.17
NetherlandsAMSTERDAM 89682676.4038.240.660.540.12
EgyptEGX 2820771.4335.001.501.450.05
USOTCBB 2000.000.000.000.000.00
BangladeshDSE 3000.000.000.000.000.00
Austria WIENERBORSE 110100.000.000.000.000.00
ArgentinaBUE 110100.000.000.000.000.00
ChinaSSE 221100.0050.000.500.500.00
GermanyXETRA 110100.000.000.000.000.00
DenmarkCOPENHAGEN 222100.00100.000.000.000.00
IndonesiaIDX 221100.0050.000.000.000.00
JapanNAGOYA 93133.3333.331.671.670.00
SingaporeSGX 3926866.6730.771.001.000.00
SingaporeSGX 110100.000.000.000.000.00
USFOREX 54280.0050.000.000.000.00
SwedenSTOCKHOLM 111100.00100.000.000.000.00
Poland GPW 2000.000.000.000.000.00
PakistanKSE 110100.000.000.000.000.00
MalaysiaBURSA 220100.000.000.000.000.00
UAEUAE 43075.000.000.000.000.00
MalaysiaBURSA 89581965.1732.761.381.45-0.07
USPREFERRED 127772960.6337.660.220.34-0.12
PakistanKSE 58401768.9742.502.402.80-0.40
Vietnam HNX 148357.1437.500.881.63-0.75
The World 64194359214967.9149.302.203.03-0.84
ChileBCS 110100.000.000.001.00-1.00
IndonesiaIDX 95255.5640.001.803.00-1.20
JapanFUKUOKA 440100.000.000.001.50-1.50
Greece ATHENS 65183.3320.000.201.80-1.60
PortugalLISBON 42150.0050.000.002.50-2.50
USWARRANTS 21050.000.000.003.00-3.00
USOTC PINK 33122012266.4755.454.7045.25-40.55
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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