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.
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
Recognition Criteria
1. The first day can be of any color.
2. The second day also can be of any color, so long as its body gaps down away from the first day’s body.
3. The last two days are black and their bodies must gap down from the bodies of the prior days.
Pattern Requirements and Flexibility
The first two days of the Bullish Three Gap Downs can be of any color but the last two days should be black. There must be downside body gaps between the candlesticks.
Trader’s Behavior
The market is oversold with three gaps down in a row and it is time to cover short positions.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the last black body. 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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
USOTCBB 21150.00100.0018.000.0018.00
ArgentinaBUE 54272150.0077.7810.410.679.74
CanadaTSX-V 71352349.3065.718.431.267.17
TurkeyBIST 148755950.6878.677.630.676.96
South KoreaKOSDAQ 111566548059.6472.187.350.766.59
IndonesiaIDX 149775351.6868.836.610.566.05
Hong KongHKEX 153682352753.5864.
PortugalLISBON 80483560.0072.927.061.105.96
JapanSAPPORO 43275.0066.677.001.675.33
IsraelTASE 48825216151.6463.895.970.685.29
UAEUAE 3115948.3960.
IndiaBSE 1915112871858.9063.656.201.085.12
JapanNAGOYA 32171353.1376.475.760.715.06
TaiwanGTSM 54425816547.4363.955.650.674.98
ChinaSZSE 2258141698062.7169.215.780.844.94
QatarQE 69372353.6262.165.380.704.68
MalaysiaBURSA 2291187551.5363.565.630.974.65
ChinaSSE 1951124087863.5670.815.350.734.61
USWARRANTS 3012840.0066.676.001.424.58
Vietnam HOSE 142214.29100.004.500.004.50
BrazilBOVESPA 32719013058.1068.425.150.784.37
NorwayOSE 27715510455.9667.105.951.634.33
Austria WIENERBORSE 55363065.4583.334.580.284.31
IndiaNSE 159491859657.5964.925.000.864.14
Greece ATHENS 34211161.7652.385.241.244.00
RussiaMICEX 1591026764.1565.694.670.693.98
USNASDAQ 56752964181852.2561.324.991.033.97
SingaporeSGX 173774644.5159.744.580.683.91
ArgentinaBUE 116654.55100.003.830.003.83
BelgiumBRUSSELS 2121138353.3073.454.210.413.81
TaiwanTWSE 82540325148.8562.284.290.623.66
South KoreaKRX 126670242855.6960.714.040.733.31
DenmarkCOPENHAGEN 116634654.3173.023.680.403.29
SpainIBEX 25415510361.0266.453.830.653.17
SwedenSTOCKHOLM 52330119357.5564.123.880.783.10
The World 73827408372544355.3362.283.920.863.05
USAMEX 62432018951.4458.884.251.312.93
CanadaTSX 2993150793650.3562.113.590.672.92
USPREFERRED 35920515257.1074.153.240.402.84
USOTC PINK 3259182593356.1550.984.551.722.83
ItalyBORSA 2628148494856.4763.883.540.792.75
IndiaNSE 148857.14100.002.750.002.75
EgyptEGX 51621712042.0555.304.001.312.69
JapanTOKYO 90205135303956.9359.183.670.992.69
AustraliaASX 90055332761.4459.133.480.802.68
GermanyXETRA 30831855115960.1762.482.940.732.22
Saudi ArabiaTADAWUL 60227316545.3560.443.331.142.19
UKLSE 36062073127657.4961.553.000.832.17
MexicoBMV 2591337351.3554.892.920.852.07
NetherlandsAMSTERDAM 62739024662.2063.082.700.662.04
FrancePARIS 170599263258.1863.712.710.692.03
ChileBCS 176535.2983.332.170.172.00
MexicoBMV 106660.00100.
IndonesiaIDX 1910552.6350.
RussiaMICEX 28151353.5786.672.070.201.87
USNYSE 119956080346550.6956.992.760.921.84
CanadaCSE 74157.1425.005.253.501.75
SwitzerlandSIX 92455434359.9661.912.140.511.64
PhilippinesPSE 148457.1450.001.630.001.63
UKLSE 125241.6740.002.000.401.60
MalaysiaBURSA 178647.0675.001.630.131.50
BrazilBOVESPA 1412985.7175.001.580.331.25
Poland GPW 1511673.3354.551.360.181.18
AustraliaASX 117463.6457.
PeruBVL 169556.2555.561.440.331.11
ThailandSET 2115771.4346.671.200.131.07
IsraelTASE 199747.3777.781.110.111.00
UAEUAE 2410841.6780.
SwedenSTOCKHOLM 116254.5533.331.500.501.00
JordanASE 2617965.3852.941.880.940.94
DenmarkCOPENHAGEN 116554.5583.330.670.000.67
ChinaSSE 198342.1137.501.130.500.63
FOREXFOREX 1710658.8260.000.800.200.60
ItalyBORSA 72128.5750.000.500.000.50
PortugalLISBON 72128.5750.000.500.000.50
NetherlandsAMSTERDAM 72128.5750.000.500.000.50
Greece ATHENS 72128.5750.000.500.000.50
FrancePARIS 72128.5750.000.500.000.50
SpainIBEX 72128.5750.000.500.000.50
GermanyXETRA 72128.5750.000.500.000.50
Austria WIENERBORSE 72128.5750.000.500.000.50
BelgiumBRUSSELS 72128.5750.000.500.000.50
PakistanKSE 153320.00100.000.330.000.33
CanadaTSX 1211491.6736.360.550.270.27
SwitzerlandSIX 104340.0075.000.500.250.25
TurkeyBIST 176435.2966.671.171.000.17
South KoreaKOSDAQ 2000.
USFOREX 177241.1828.570.000.14-0.14
JapanTOKYO 126450.0066.670.170.33-0.17
TaiwanGTSM 165331.2560.000.200.40-0.20
Hong KongHKEX 289332.1433.330.110.33-0.22
NorwayOSE 108380.0037.500.380.63-0.25
BangladeshDSE 124033.330.000.000.50-0.50
KuwaitKSE 128466.6750.002.633.13-0.50
SingaporeSGX 41025.
OmanMSM 54180.0025.000.252.50-2.25
JapanFUKUOKA 114136.3625.000.008.25-8.25
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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