BEARISH TRI STAR
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH TRI STAR
Definition
This pattern consists of three consecutive Doji candlesticks. The occurrence of such a pattern is extremely rare, making it highly noteworthy when it does appear.
Recognition Criteria
1. The market is currently defined by a dominant upward trend.
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 that has been in an uptrend for an extended period. However, the weakening trend is likely indicated by the progressively smaller candlestick bodies. The first Doji raises concerns. The second Doji clearly signals that the market is losing its direction. Finally, the third Doji warns that the uptrend is over. This pattern highlights significant indecision, leading to a reversal of positions.
Sell/Stop-Loss Levels
The confirmation level is determined by the last close. For confirmation, prices should fall below this level.

The stop-loss level is defined as the higher of the last two highs. Following the bearish signal, if prices rise instead of falling and either close above or make two consecutive daily highs above the stop-loss level, without detecting any bullish pattern, the stop-loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Vietnam HNX 3120964.5245.007.891.106.80
CanadaCSE 38341697.3743.247.573.444.12
DenmarkOMX COPENHAGEN 2817960.7152.943.420.712.70
USOTC MARKETS 75852626674.2747.255.092.632.46
JordanASE 82125.0050.002.870.502.37
EgyptEGX 22171290.9160.002.530.362.17
ChinaSZSE 32021710871.8846.962.960.862.10
MexicoBMV 1461004676.0341.443.211.142.07
Poland GPW 1421126181.6952.593.471.432.04
IndiaNSE 52433718366.9852.143.741.702.03
Hong KongHKEX 2681718466.4247.193.501.492.02
IndiaBSE 114873739266.0351.723.941.951.99
South KoreaKOSDAQ 148995667.5756.003.111.231.88
PakistanPSX 90572868.8945.163.321.491.83
SingaporeSGX 82492560.9850.002.991.181.81
CanadaTSXV 123884373.1747.784.733.021.70
TurkeyBIST 53371575.4737.505.063.371.69
QatarQE 1915884.2150.002.100.511.59
TaiwanTWSE 2121427169.3448.302.310.801.52
NorwayOSE 57371764.9145.952.601.111.49
IndonesiaIDX 59442476.2753.332.951.471.47
SwedenOMX STOCKHOLM 98633069.3944.123.251.821.43
ThailandSET 1631094870.5541.742.591.191.40
JapanFSE 83237.5066.671.440.191.25
KuwaitBOURSA KUWAIT 40211152.5052.382.231.011.22
ArgentinaBCBA 79512468.3544.443.111.991.11
Greece ATHEX 3120964.5245.002.601.521.08
BangladeshDSE 38281373.6846.432.501.451.05
TaiwanTPEx 2211426268.3341.061.990.981.01
USNASDAQ 118576531769.2038.661.950.990.96
JapanTSE 110172732370.7541.461.880.930.95
The WorldWORLD MARKETS 1945612451525169.2738.961.890.950.94
MalaysiaBURSA MALAYSIA 1651024462.4242.722.311.500.81
BelgiumBRUSSELS 2115576.1931.251.931.130.80
ChinaSSE 74351212578.4721.441.050.270.78
BrazilBOVESPA 2801937673.9336.711.821.050.76
AustraliaASX 46431311770.9135.562.161.400.76
FrancePARIS 2851716365.2633.871.240.540.70
South KoreaKRX 45526310160.0037.001.100.410.69
IsraelTASE 78750120168.2337.431.150.550.60
SwitzerlandSIX 40223810163.6839.451.430.850.58
USNYSE 2455161563671.6536.161.110.570.54
UAEDFM-ADX 2618869.2344.441.891.370.53
CanadaTSX 97156524062.8239.341.220.710.51
NetherlandsAMSTERDAM 1711073364.9129.731.030.630.40
GermanyXETRA 95461022568.3434.510.910.520.39
UKLSE 99363125269.5936.470.940.600.34
SpainBME 2614653.8542.861.240.920.32
ItalyMILAN 73845916167.0732.530.720.530.18
USAMEX 88252918266.1031.220.640.500.15
Austria WIENERBÖRSE 1311484.6236.360.490.500.00
Saudi ArabiaTADAWUL 64461773.4436.171.521.78-0.25
JapanNSE 2017785.0041.180.470.99-0.52
Vietnam HOSE 62371762.9043.591.111.66-0.55
ChileBCS 4322653.4926.090.561.28-0.72
PortugalLISBON 115145.4520.000.231.35-1.13
PhilippinesPSE 2417770.8341.181.333.99-2.67
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

Disclaimers:

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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