BULLISH LADDER BOTTOM
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.
BULLISH LADDER BOTTOM
Definition
This is a five candlestick pattern that starts with three strong black candlesticks. The downtrend continues with the fourth lower close. The next day gaps higher and closes much higher than the previous day or two. This may imply a bullish reversal.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. Three strong black candlesticks occur much like the Three Black Crows pattern.
3. The fourth black candlestick closes also lower but has a long upper shadow.
4. The fifth day is a strong white with an open above the previous day’s body.
Pattern Requirements and Flexibility
The first three days of the Bullish Ladder Bottom are strong black candlesticks with consecutive lower opens and lower closes. The fourth day is a short black candlestick, but it opens higher and trades higher, leaving a long upper shadow, then closes making a new low. The fifth day is a strong white candlestick that makes a body gap with the fourth day.
Trader’s Behavior
There is a considerable downtrend for some time and the bears are happy. Then we see a good downward move. Prices start trading above the opening price and almost reaching to the new high of the previous day, but then they close at another new low. This action is a warning for shorts telling them that the market will not go down forever. The shorts may then be forced to reevaluate their positions and they may start closing their positions on the next day if profits are good. This act is the reason behind the upward gap we see on the last day of the pattern and also the close is considerably higher. If the volume is high on the last day, a trend reversal has probably occurred. However, a confirmation will still be required on the next day.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the last low. 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.
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)
SingaporeSGX 31133.33100.0028.000.0028.00
South KoreaKRX 24201383.3365.0013.800.5013.30
ChinaSSE 775100.0071.4311.430.8610.57
SpainIBEX 221100.0050.0010.501.509.00
Saudi ArabiaTADAWUL 32266.67100.008.000.008.00
Hong KongHKEX 32201662.5080.007.450.806.65
USAMEX 25191576.0078.956.210.116.11
IndiaBSE 72463063.8965.227.091.006.09
IndiaNSE 31201464.5270.006.500.605.90
USNASDAQ 77533268.8360.385.890.755.13
South KoreaKOSDAQ 33242072.7383.335.210.294.92
CanadaTSX-V 62133.3350.004.501.003.50
The World 124787655670.2563.474.220.853.38
AustraliaASX 28161457.1487.504.000.813.19
ChinaSZSE 1614887.5057.144.711.862.86
JapanTOKYO 1461086473.9759.263.750.912.84
TurkeyBIST 106560.0083.333.000.172.83
BelgiumBRUSSELS 64366.6775.003.000.252.75
UKLSE 52372271.1559.463.410.682.73
ItalyBORSA 46311667.3951.613.420.712.71
USNYSE 1421117878.1770.272.980.302.68
CanadaTSX 49312063.2764.522.740.612.13
TaiwanGTSM 2114466.6728.573.291.292.00
GermanyXETRA 71543076.0655.562.720.941.78
BrazilBOVESPA 168350.0037.502.751.001.75
TaiwanTWSE 3120964.5245.002.200.751.45
USOTC PINK 46301565.2250.003.802.531.27
FrancePARIS 33231369.7056.522.221.001.22
RussiaMICEX 53260.0066.672.001.001.00
JordanASE 21150.00100.001.000.001.00
IsraelTASE 98688.8975.002.131.131.00
IndonesiaIDX 85362.5060.001.400.401.00
USPREFERRED 1511673.3354.551.361.180.18
SwedenSTOCKHOLM 117363.6442.860.860.710.14
SwitzerlandSIX 146242.8633.330.830.830.00
UAEUAE 1000.000.000.000.000.00
JapanNAGOYA 1000.000.000.000.000.00
QatarQE 1000.000.000.000.000.00
NetherlandsAMSTERDAM 76385.7150.001.001.33-0.33
DenmarkCOPENHAGEN 110100.000.000.002.00-2.00
NorwayOSE 553100.0060.003.005.00-2.00
MalaysiaBURSA 43175.0033.330.002.33-2.33
MexicoBMV 440100.000.000.002.50-2.50
ArgentinaBUE 110100.000.000.006.00-6.00
Austria WIENERBORSE 110100.000.000.007.00-7.00
Greece ATHENS 21050.000.000.0052.00-52.00
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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