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
USOTCBB 31133.33100.007.000.007.00
CanadaCSE 222100.00100.005.000.005.00
UAEUAE 65483.3380.005.200.404.80
Austria WIENERBORSE 83237.5066.675.671.004.67
IsraelTASE 77513166.2360.784.780.843.94
TaiwanGTSM 59392666.1066.674.310.593.72
DenmarkCOPENHAGEN 1914973.6864.294.070.363.71
BelgiumBRUSSELS 1614787.5050.003.430.363.07
ChinaSZSE 79513564.5668.633.020.292.73
SwedenSTOCKHOLM 51331764.7151.523.420.762.67
Hong KongHKEX 1841317671.2058.023.330.902.43
South KoreaKOSDAQ 41201148.7855.003.200.902.30
AustraliaASX 112793370.5441.773.331.042.29
KuwaitKSE 3019963.3347.372.790.632.16
USNASDAQ 39726314366.2554.372.540.591.95
BrazilBOVESPA 61452173.7746.672.420.531.89
MexicoBMV 42201347.6265.002.450.601.85
JordanASE 96366.6750.004.332.501.83
IndiaBSE 40927715567.7355.963.731.901.83
QatarQE 54380.0075.001.750.001.75
IndiaNSE 138954968.8451.583.231.491.74
JapanTOKYO 47531516366.3251.752.470.981.48
UKLSE 39626212566.1647.711.980.551.42
CanadaTSX-V 56442078.5745.454.252.861.39
Saudi ArabiaTADAWUL 96466.6766.671.670.331.33
RussiaMICEX 49291359.1844.832.451.141.31
ChinaSSE 1531104171.9037.271.510.221.29
South KoreaKRX 1611055165.2248.571.370.281.10
CanadaTSX 35923510365.4643.831.690.601.09
PhilippinesPSE 111100.00100.001.000.001.00
TaiwanTWSE 65472172.3144.681.910.980.94
GermanyXETRA 31221211567.9554.251.290.420.86
USNYSE 74249725966.9852.111.260.450.81
EgyptEGX 3224975.0037.502.251.460.79
ArgentinaBUE 74257.1450.001.500.750.75
TurkeyBIST 40341285.0035.291.851.180.68
USAMEX 68562482.3542.861.480.840.64
NorwayOSE 1411478.5736.361.641.000.64
FrancePARIS 2581617762.4047.831.170.570.61
NetherlandsAMSTERDAM 95732976.8439.730.950.490.45
ItalyBORSA 2201576171.3638.850.780.340.44
IndonesiaIDX 137353.8542.863.002.710.29
SwitzerlandSIX 131783259.5441.030.900.630.27
Vietnam HOSE 554100.0080.000.200.000.20
SpainIBEX 129375.0033.330.670.560.11
MalaysiaBURSA 97632264.9534.921.561.520.03
DenmarkCOPENHAGEN 222100.00100.000.000.000.00
GermanyXETRA 110100.000.000.000.000.00
ChinaSSE 221100.0050.000.500.500.00
BangladeshDSE 3000.000.000.000.000.00
Austria WIENERBORSE 110100.000.000.000.000.00
ArgentinaBUE 110100.000.000.000.000.00
UAEUAE 43075.000.000.000.000.00
IndonesiaIDX 221100.0050.000.000.000.00
JapanNAGOYA 53160.0033.331.671.670.00
USFOREX 54280.0050.000.000.000.00
SingaporeSGX 110100.000.000.000.000.00
SwedenSTOCKHOLM 111100.00100.000.000.000.00
Poland GPW 2000.000.000.000.000.00
PakistanKSE 110100.000.000.000.000.00
OmanMSM 73242.8666.671.001.000.00
MalaysiaBURSA 110100.000.000.000.000.00
USPREFERRED 138873663.0441.380.250.30-0.05
SingaporeSGX 4529964.4431.031.031.21-0.17
Greece ATHENS 65383.3360.000.801.00-0.20
The World 66444489222667.5649.592.292.95-0.66
ChileBCS 110100.000.000.001.00-1.00
JapanFUKUOKA 440100.000.000.001.50-1.50
USWARRANTS 110100.000.000.003.00-3.00
PortugalLISBON 31033.330.000.005.00-5.00
USOTC PINK 41428916169.8155.715.8634.71-28.85
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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