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 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.
Pattern Performance in Stock Exchanges since 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
South KoreaKRX 27191270.3763.1614.260.7413.53
TurkeyBIST 158753.3387.5011.750.1311.63
Poland GPW 85462.5080.009.800.209.60
ChinaSSE 1110790.9170.009.400.708.70
Hong KongHKEX 30171456.6782.356.940.766.18
SingaporeSGX 111100.00100.
BelgiumBRUSSELS 53360.00100.
USAMEX 22181381.8272.225.220.394.83
IndiaBSE 85553564.7163.645.160.934.24
USNASDAQ 74513268.9262.754.940.754.20
IndiaNSE 33201463.6466.674.570.574.00
South KoreaKOSDAQ 33231669.7069.574.350.523.83
CanadaTSX-V 62133.3350.004.501.003.50
ItalyBORSA 52301857.6960.004.000.533.47
JapanTOKYO 1481066371.6259.433.920.753.17
ThailandSET 1312592.3141.673.920.833.08
The World 137594559468.8762.723.810.813.01
BrazilBOVESPA 166337.5050.003.670.673.00
USNYSE 1401087477.8667.892.890.302.59
UKLSE 49352271.4362.863.260.772.49
CanadaTSX 53322160.3865.632.840.562.28
GermanyXETRA 76553372.3760.003.160.912.25
AustraliaASX 31181558.0683.333.171.062.11
FrancePARIS 40251662.5064.002.760.762.00
BangladeshDSE 1511673.3354.552.270.361.91
TaiwanTWSE 36241366.6754.172.380.501.88
USPREFERRED 118672.7375.001.880.131.75
IsraelTASE 886100.0075.002.501.131.38
QatarQE 21150.00100.
Vietnam HOSE 553100.0060.000.800.000.80
IndonesiaIDX 75371.4360.001.400.600.80
TaiwanGTSM 2215568.1833.331.671.200.47
SwedenSTOCKHOLM 1412485.7133.330.670.580.08
JapanNAGOYA 1000.
Saudi ArabiaTADAWUL 41025.
SwitzerlandSIX 157346.6742.861.141.140.00
ChinaSZSE 22201090.9150.001.951.950.00
RussiaMICEX 111100.00100.
SingaporeSGX 3000.
UKLSE 220100.
NetherlandsAMSTERDAM 119481.8244.441.001.11-0.11
PakistanKSE 105350.0060.002.402.60-0.20
USOTC PINK 39241161.5445.831.922.58-0.67
RussiaMICEX 53160.0033.331.001.67-0.67
PhilippinesPSE 84150.0025.000.751.75-1.00
NorwayOSE 76385.7150.002.504.33-1.83
MalaysiaBURSA 32166.6750.000.503.00-2.50
MexicoBMV 560120.
SpainIBEX 31033.330.000.003.00-3.00
ArgentinaBUE 110100.
Austria WIENERBORSE 110100.
Greece ATHENS 110100.000.000.0052.00-52.00
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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