BULLISH DOJI STAR
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 DOJI STAR
Definition
This pattern appears in a downtrend and warns that the trend will change. It consists of a black candlestick and a Doji with a downward gap at the opening. When the Doji is in the form of an Umbrella the pattern is called “Bullish Dragonfly Doji”, and in case of an Inverted Umbrella it is called “Bullish Gravestone Doji”. Here, all these patterns are subsumed, under the name: “Bullish Doji Star”, regardless of the shape of the Doji.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. On the first day a black candlestick is observed.
3. Then we see a Doji on the second day that gaps down.
Pattern Requirements and Flexibility
The Bullish Doji Star should start with a normal or long black candlestick. It must continue with a Doji gapping down.
Trader’s Behavior
The market is in a downtrend and a strong black candlestick further confirms it. The next day opens lower with a gap down, and the trading is in a small range. The day closes at the opening price, causing the formation of a Doji. Bears were in control during the downtrend but now a change is implied by the appearance of a Doji Star, which shows that the bulls and the bears are in equilibrium. The downward energy is dissipating. Things are not favorable for the continuation of a bear market.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the gap between the Doji and the previous candlestick. 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.
Title
Pattern Performance in Stock Exchanges since 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 2772156190956.3158.238.331.177.16
ArgentinaBUE 1946123971063.9357.076.561.355.21
Vietnam HNX 66235217853.1750.576.191.734.46
IndonesiaIDX 2706138266851.0748.345.901.504.40
ChileBCS 38220012152.3660.504.540.673.87
IndiaNSE 177579582505853.9652.794.791.173.62
IndiaBSE 3274718039884855.0949.045.031.513.51
EgyptEGX 176991447352.0651.364.791.433.36
JapanFUKUOKA 79542768.3550.003.890.563.34
ArgentinaBUE 116915678.4561.543.470.253.22
Greece ATHENS 64540121262.1752.874.331.123.21
SwedenSTOCKHOLM 59973699191161.6851.664.641.513.13
USNASDAQ 33517208471053562.2050.534.621.523.10
Vietnam HOSE 2169110960551.1854.504.111.063.05
Poland GPW 2926172382558.8947.884.531.503.02
South KoreaKOSDAQ 124707109370757.1252.044.261.262.99
USOTC PINK 159109649423062.4442.585.692.852.84
The World 47202327923914170559.8150.203.841.182.66
BangladeshDSE 2725161575959.2747.003.711.112.60
IsraelTASE 57643243174056.4053.523.661.072.59
JordanASE 2531174846.2541.034.802.232.57
PakistanKSE 3441192691455.9747.464.081.522.56
CanadaTSX-V 2742154562856.3540.655.703.142.56
ChinaSZSE 2704415513799657.3651.543.631.102.52
NorwayOSE 2184135663462.0946.764.051.612.44
TaiwanTWSE 79124546236057.4651.913.140.832.31
TaiwanGTSM 62133490171556.4548.903.150.952.20
BrazilBOVESPA 50973154156661.8849.653.351.152.20
CanadaCSE 96452521354.4640.576.133.952.18
Saudi ArabiaTADAWUL 2037122965960.3353.623.020.852.17
Austria WIENERBORSE 98259732660.7954.613.201.142.06
ChinaSSE 2283513179667357.7150.633.071.032.04
UKLSE 1943511949607561.4950.843.111.072.04
MalaysiaBURSA 40722327103057.1544.263.571.532.04
South KoreaKRX 110016245325556.8652.042.840.891.95
Hong KongHKEX 121906862303156.2944.173.671.791.87
MexicoBMV 2410147773761.2949.903.221.361.86
ThailandSET 54142902125253.6043.143.011.171.84
JapanTOKYO 37350229441175361.4351.222.861.031.84
TurkeyBIST 138885863.7765.911.980.151.83
FrancePARIS 71244309218860.5350.742.770.951.81
CanadaTSX 135148159414160.3750.752.670.971.70
PhilippinesPSE 122373629360.1839.813.191.511.68
USAMEX 58743738178863.6547.822.821.141.67
USNYSE 38980244711302262.7853.212.570.921.65
DenmarkCOPENHAGEN 108769432363.8546.543.141.511.63
OmanMSM 151693647.0250.702.651.061.59
SpainIBEX 129679140261.0350.822.561.061.51
BelgiumBRUSSELS 82348124558.4450.942.400.921.48
SwitzerlandSIX 47192975152763.0451.332.290.821.46
AustraliaASX 86835193245959.8147.353.121.711.41
UAEUAE 46427711059.9139.572.621.251.37
ItalyBORSA 109356793339862.1250.022.170.841.33
PortugalLISBON 2231496966.8246.312.381.071.31
QatarQE 46328413761.3448.242.130.851.27
USOTCBB 194121.0525.008.257.001.25
ChileBCS 127905970.8765.561.460.221.23
NetherlandsAMSTERDAM 2678172891664.5353.012.000.771.23
GermanyXETRA 1642110239515162.3550.312.050.851.20
RussiaMICEX 1711246872.5154.841.600.411.19
BrazilBOVESPA 1341107682.0969.091.370.251.13
JapanTOKYO 130945872.3161.701.290.191.10
KuwaitKSE 61736916259.8143.902.541.471.07
PakistanKSE 128885068.7556.821.400.331.07
IndiaNSE 115794768.7059.491.220.151.06
AustraliaASX 144986268.0663.271.230.181.05
MexicoBMV 1651237074.5556.911.200.210.99
SingaporeSGX 152782333253.9040.342.171.230.94
UAEUAE 1971377769.5456.201.060.230.83
FOREXFOREX 2021649981.1960.371.050.240.82
Vietnam HOSE 1991387769.3555.800.920.180.74
IndonesiaIDX 1411056174.4758.100.990.260.73
Poland GPW 2101497670.9551.010.950.220.73
BangladeshDSE 1351145684.4449.120.890.160.73
Greece ATHENS 79512864.5654.901.000.270.73
MalaysiaBURSA 118885174.5857.950.900.250.65
SwedenSTOCKHOLM 2141628675.7053.090.870.230.64
NorwayOSE 30122513074.7557.780.840.240.61
ThailandSET 1891326869.8451.520.760.170.58
DenmarkCOPENHAGEN 124965477.4256.250.730.150.58
South KoreaKOSDAQ 127975376.3854.640.760.220.55
ChinaSSE 150995166.0051.520.750.210.54
PortugalLISBON 77542970.1353.700.850.330.52
SwitzerlandSIX 118913977.1242.860.740.240.49
CanadaTSX 1861207364.5260.830.720.230.49
SpainIBEX 79543168.3557.410.740.280.46
PhilippinesPSE 1671155868.8650.430.630.190.43
Austria WIENERBORSE 73482665.7554.170.710.290.42
JapanNAGOYA 2671678262.5549.101.551.150.40
SingaporeSGX 1501075071.3346.730.630.220.40
IsraelTASE 1841357173.3752.590.610.240.37
FrancePARIS 78532867.9552.830.640.280.36
GermanyXETRA 77532868.8352.830.640.280.36
ItalyBORSA 78532867.9552.830.640.280.36
TaiwanGTSM 1411114478.7239.640.580.290.29
USFOREX 2461687368.2943.450.480.240.23
NetherlandsAMSTERDAM 78552770.5149.090.510.310.20
BelgiumBRUSSELS 78552770.5149.090.510.310.20
USWARRANTS 6202152.580.310.030.020.01
RussiaMICEX 14100063.550.000.000.000.00
USPREFERRED 23827262.300.130.000.000.00
UKLSE 1701147667.0666.670.921.04-0.12
Hong KongHKEX 1771247170.0657.260.820.99-0.17
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

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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