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 1/1/2017
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
JapanFUKUOKA 46321769.5753.135.470.564.91
TurkeyBIST 171397651756.9852.975.320.994.33
ArgentinaBUE 52629915956.8453.185.091.723.37
USOTC PINK 133478470362864.1942.356.353.013.35
ChinaSSE 113166933365261.2752.684.451.143.31
PakistanKSE 3062175786757.3849.354.571.393.18
South KoreaKOSDAQ 80704725250458.6452.924.271.173.10
ChinaSZSE 156849279485459.1652.314.391.293.10
IndiaNSE 152818461433855.4751.184.261.223.04
IndiaBSE 2450913822663556.4147.994.551.662.89
USNASDAQ 2194214025744663.9553.063.901.222.69
BrazilBOVESPA 1818113659562.4952.383.610.962.65
EgyptEGX 2072111455353.7649.643.861.262.59
ArgentinaBUE 81613575.3157.382.870.312.56
Poland GPW 2202125465156.9551.913.671.162.52
Vietnam HOSE 169394047055.5250.003.561.092.47
SpainIBEX 108869937064.2552.933.380.932.45
IndonesiaIDX 139676637754.8749.223.581.162.42
IsraelTASE 2984163584754.7951.803.441.052.38
NorwayOSE 106162731259.1049.763.601.232.37
TurkeyBIST 94553958.5170.912.350.092.25
RussiaMICEX 138188042763.7248.523.361.122.24
Hong KongHKEX 110596240280656.4244.973.781.652.13
The World 32748919940510154660.9450.883.271.152.12
Greece ATHENS 34521011160.8752.863.431.382.05
BangladeshDSE 2130132358362.1144.073.181.182.01
JapanTOKYO 2914317502927260.0652.982.940.961.98
USAMEX 33032103102263.6748.603.141.191.95
SwedenSTOCKHOLM 42192654131762.9149.623.241.341.90
PhilippinesPSE 102662326960.7243.183.141.251.89
South KoreaKRX 81464797247858.8951.662.740.871.88
OmanMSM 137663448.1851.522.801.061.74
JapanNAGOYA 2521517659.9250.332.520.791.74
DenmarkCOPENHAGEN 79350224663.3049.002.620.931.69
MexicoBMV 73553675.3465.451.840.181.65
TaiwanTWSE 60073394167256.5049.262.400.791.61
CanadaCSE 3832228561.1036.325.564.011.55
AustraliaASX 74503767.5774.001.580.061.52
Vietnam HNX 56328310950.2738.523.481.961.52
ThailandSET 3440185178653.8142.462.651.151.50
RussiaMICEX 95663469.4751.521.910.411.50
USNYSE 2860018486997064.6453.932.320.821.50
UKLSE 136058533440362.7451.582.340.861.48
CanadaTSX 101826261315861.4950.442.360.901.46
FrancePARIS 58743668188262.4451.312.250.791.46
BelgiumBRUSSELS 74947022862.7548.512.210.761.44
Austria WIENERBORSE 39525513664.5653.332.260.831.43
Saudi ArabiaTADAWUL 1775101347857.0747.192.300.871.43
ChileBCS 48311764.5854.841.940.521.42
AustraliaASX 49633079147862.0847.972.831.421.40
TaiwanGTSM 48382683124355.4646.332.411.051.36
UAEUAE 3462108360.6939.522.811.461.35
QatarQE 34622410064.7444.642.170.841.33
BrazilBOVESPA 71553977.4670.911.490.201.29
USOTCBB 194121.0525.008.257.001.25
MexicoBMV 140289943764.1248.612.180.951.23
NetherlandsAMSTERDAM 1715114161666.5353.991.780.571.21
GermanyXETRA 87655767305965.8553.001.980.771.21
MalaysiaBURSA 3249181777255.9942.442.581.441.14
ItalyBORSA 71364599223764.4548.642.010.881.13
PortugalLISBON 2601656863.4641.212.301.211.09
UKLSE 79554169.6274.551.270.181.09
IndiaNSE 73513069.8658.821.200.161.04
NorwayOSE 97744876.2964.861.190.191.00
SwitzerlandSIX 31302104111767.2253.091.540.600.94
UAEUAE 115723762.6151.391.040.220.82
IndonesiaIDX 83663979.5259.091.020.240.77
MalaysiaBURSA 62442770.9761.361.000.230.77
Vietnam HOSE 115774466.9657.140.950.180.77
Poland GPW 98694270.4160.870.910.160.75
KuwaitKSE 45828011961.1442.502.481.750.73
JordanASE 2951565952.8837.822.601.950.65
ChileBCS 74573477.0359.650.860.230.63
South KoreaKOSDAQ 72573579.1761.400.770.180.60
SwitzerlandSIX 66472571.2153.190.700.130.57
ChinaSSE 83563267.4757.140.730.180.55
Hong KongHKEX 99714271.7259.150.750.210.54
PhilippinesPSE 107733568.2247.950.710.180.53
CanadaTSX 87573665.5263.160.740.230.51
ThailandSET 126914372.2247.250.650.150.49
JapanTOKYO 70533275.7160.380.660.170.49
TaiwanGTSM 66492274.2444.900.730.240.49
SingaporeSGX 153781730953.2237.781.811.330.48
IsraelTASE 106734168.8756.160.700.230.47
SwedenSTOCKHOLM 95753778.9549.330.630.190.44
CanadaTSX-V 144288032461.1036.783.863.420.44
DenmarkCOPENHAGEN 70533075.7156.600.580.170.42
SingaporeSGX 80643080.0046.880.660.250.41
PakistanKSE 62462674.1956.520.720.330.39
USPREFERRED 1971134161868.0446.090.750.390.36
Greece ATHENS 42251559.5260.000.520.160.36
BangladeshDSE 55422076.3647.620.570.210.36
USFOREX 146904561.6450.000.520.180.34
FOREXFOREX 121955478.5156.840.610.270.34
SpainIBEX 41271665.8559.260.440.190.26
Austria WIENERBORSE 37231362.1656.520.300.170.13
NetherlandsAMSTERDAM 39261366.6750.000.270.190.08
ItalyBORSA 40261365.0050.000.270.190.08
GermanyXETRA 39261366.6750.000.270.190.08
FrancePARIS 40261365.0050.000.270.190.08
BelgiumBRUSSELS 39261366.6750.000.270.190.08
PortugalLISBON 41271565.8555.560.260.260.00
USWARRANTS 2815753.5746.671.932.07-0.13
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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