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 51272152.9477.788.740.678.07
PakistanKSE 27615711956.8875.807.700.387.32
CanadaTSX-V 68332148.5363.648.481.397.09
UAEUAE 30141046.6771.438.571.646.93
South KoreaKOSDAQ 101660943159.9470.777.420.816.60
IndonesiaIDX 147745250.3470.276.840.546.30
Hong KongHKEX 151881551753.6963.447.111.026.09
QatarQE 62352356.4565.716.600.695.91
NorwayOSE 25914110154.4471.636.841.245.60
PortugalLISBON 63413065.0873.176.611.155.46
TaiwanGTSM 51523715446.0264.986.100.685.43
TurkeyBIST 139725451.8075.006.210.825.39
JapanSAPPORO 43275.0066.677.001.675.33
IsraelTASE 46825615654.7060.945.910.725.20
ChinaSZSE 2082130290062.5469.126.040.855.19
IndiaBSE 1793104665358.3462.435.861.054.81
ChinaSSE 1737111479664.1371.455.570.764.80
MalaysiaBURSA 2221127550.4566.965.640.874.78
BrazilBOVESPA 32218512657.4568.115.500.814.69
Austria WIENERBORSE 53352866.0480.004.890.314.57
Vietnam HOSE 142214.29100.004.500.004.50
Vietnam HOSE 96562958.3351.795.881.484.39
USWARRANTS 2810735.7170.005.901.604.30
JapanNAGOYA 35181351.4372.224.780.724.06
USNASDAQ 53372743167951.4061.
SingaporeSGX 169774845.5662.344.510.653.86
ArgentinaBUE 116654.55100.003.830.003.83
SpainIBEX 23514710162.5568.714.400.603.80
IndiaNSE 145284253858.0663.824.660.873.79
BelgiumBRUSSELS 1961057453.5770.484.200.443.76
TaiwanTWSE 78238424149.1062.764.260.633.63
RussiaMICEX 146945964.3862.774.330.723.61
ThailandSET 2191208554.7970.834.010.523.49
BangladeshDSE 101613560.4057.383.950.673.28
DenmarkCOPENHAGEN 101554054.4672.733.690.473.22
South KoreaKRX 120267141855.8262.303.820.733.10
SwedenSTOCKHOLM 50028717857.4062.023.890.863.03
The World 70743388622401554.9661.773.900.873.03
USOTC PINK 3034168085855.5050.954.681.702.98
Greece ATHENS 34221164.7150.
USAMEX 57429317151.0558.364.161.252.91
EgyptEGX 49119811240.3356.574.091.242.85
AustraliaASX 86353131561.5359.323.650.802.84
CanadaTSX 2845142186749.9561.013.520.702.82
Poland GPW 2401509562.5063.333.861.102.76
IndiaNSE 148857.14100.002.750.002.75
ItalyBORSA 2525142089156.2462.753.510.812.70
USPREFERRED 34619514256.3672.823.020.422.60
JapanTOKYO 85544900284857.2858.123.561.012.55
MexicoBMV 2581307150.3954.623.070.802.27
Saudi ArabiaTADAWUL 59726916745.0662.083.301.112.19
UKLSE 34161936117856.6760.852.950.862.09
NetherlandsAMSTERDAM 59836923561.7163.692.670.622.06
GermanyXETRA 2689160899859.8462.032.700.692.01
MexicoBMV 116654.55100.
ChileBCS 196531.5883.332.170.172.00
ChileBCS 21150.00100.
FrancePARIS 158789856756.5863.142.640.741.90
IndonesiaIDX 1910552.6350.
RussiaMICEX 28151353.5786.672.070.201.87
USNYSE 115105690319849.4956.142.730.911.82
CanadaCSE 74157.1425.005.253.501.75
PhilippinesPSE 148457.1450.001.630.001.63
SwitzerlandSIX 87052631860.4660.462.090.531.55
MalaysiaBURSA 178647.0675.001.630.131.50
UKLSE 146342.8650.001.670.331.33
BrazilBOVESPA 15131086.6776.921.540.311.23
AustraliaASX 147450.0057.
PeruBVL 169556.2555.561.440.331.11
ThailandSET 2115771.4346.671.200.131.07
IsraelTASE 2311947.8381.821.090.091.00
UAEUAE 2410841.6780.
Poland GPW 2213759.0953.851.150.151.00
SwedenSTOCKHOLM 116254.5533.331.500.501.00
JordanASE 2717962.9652.941.880.940.94
FOREXFOREX 1710658.8260.000.800.200.60
PhilippinesPSE 56271350.0046.432.572.000.57
ChinaSSE 219342.8633.331.000.440.56
PortugalLISBON 72128.5750.000.500.000.50
ItalyBORSA 72128.5750.000.500.000.50
NetherlandsAMSTERDAM 72128.5750.000.500.000.50
BelgiumBRUSSELS 72128.5750.000.500.000.50
Austria WIENERBORSE 72128.5750.000.500.000.50
FrancePARIS 72128.5750.000.500.000.50
Greece ATHENS 72128.5750.000.500.000.50
SpainIBEX 72128.5750.000.500.000.50
GermanyXETRA 72128.5750.000.500.000.50
Vietnam HNX 3819650.0031.582.582.160.42
PakistanKSE 153320.00100.000.330.000.33
DenmarkCOPENHAGEN 117463.6457.140.430.140.29
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 139369.2333.330.330.67-0.33
BangladeshDSE 124033.330.000.000.50-0.50
SingaporeSGX 52140.0050.000.001.00-1.00
OmanMSM 116154.5516.670.171.67-1.50
KuwaitKSE 107370.0042.861.433.57-2.14
JapanFUKUOKA 125141.6720.000.003.20-3.20
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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