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 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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
JapanSAPPORO 136446.1566.6710.170.1710.00
ArgentinaBUE 115905578.2661.
TurkeyBIST 131815461.8366.671.930.141.79
OmanMSM 151693647.0250.702.651.061.59
USOTCBB 194121.0525.
PakistanKSE 115824871.3058.541.500.291.21
BrazilBOVESPA 120986881.6769.391.430.231.19
RussiaMICEX 1581156072.7852.171.570.441.13
JapanTOKYO 114845273.6861.901.290.171.12
ChileBCS 116825370.6964.631.230.201.04
AustraliaASX 132956071.9763.
MexicoBMV 1511156576.1656.521.190.210.98
FOREXFOREX 1901549481.0561.
Poland GPW 1801266870.0053.971.100.210.89
IndiaNSE 104693966.3556.521.060.170.88
BangladeshDSE 112904480.3648.891.020.190.83
UAEUAE 1801236768.3354.471.040.230.81
Greece ATHENS 74482764.8656.
IndonesiaIDX 128965475.0056.
NorwayOSE 22816810673.6863.100.930.200.73
Vietnam HOSE 1871297168.9855.040.850.190.67
SwedenSTOCKHOLM 1901497778.4251.680.840.210.62
DenmarkCOPENHAGEN 109875079.8257.470.780.160.62
PortugalLISBON 72512870.8354.900.880.290.59
South KoreaKOSDAQ 119925277.3156.520.800.220.59
ThailandSET 1821256468.6851.200.740.170.58
CanadaTSX 1631046463.8061.540.780.230.55
SpainIBEX 73513069.8658.820.760.240.53
SwitzerlandSIX 114893978.0743.820.750.240.52
ChinaSSE 138914665.9450.550.740.220.52
Austria WIENERBORSE 67452567.1655.560.730.240.49
PhilippinesPSE 1551065168.3948.110.650.190.46
MalaysiaBURSA 107784372.9055.130.730.270.46
FrancePARIS 72502769.4454.000.660.240.42
GermanyXETRA 71502770.4254.000.660.240.42
ItalyBORSA 72502769.4454.000.660.240.42
IsraelTASE 1641186371.9553.390.640.230.41
SingaporeSGX 1411014671.6345.540.620.230.40
BelgiumBRUSSELS 73512669.8650.980.530.250.27
NetherlandsAMSTERDAM 73512669.8650.980.530.250.27
USFOREX 2221476566.2244.220.490.220.27
TaiwanGTSM 1301013777.6936.630.540.320.23
PortugalLISBON 1835365.032.520.140.000.14
Vietnam HOSE 23205350.780.
KuwaitKSE 5456458.721.
The World 4148707123392359.211.600.070.020.05
USWARRANTS 6202152.580.310.030.020.01
RussiaMICEX 16779662.970.570.020.010.01
JapanFUKUOKA 654169.
IsraelTASE 51935355.710.
GermanyXETRA 133292261.
NetherlandsAMSTERDAM 21914365.
Austria WIENERBORSE 8732261.050.380.000.000.00
TurkeyBIST 24762155.
PakistanKSE 31881155.610.
ItalyBORSA 94713261.390.
IndiaNSE 165615452.370.
USAMEX 54174263.450.
Poland GPW 26311158.
USNASDAQ 2994612762.
EgyptEGX 17093151.320.
SwedenSTOCKHOLM 52502161.430.
Hong KongHKEX 116556455.600.
FrancePARIS 61934160.570.
USNYSE 340427362.410.
South KoreaKRX 95084256.970.
CanadaTSX 118726459.750.
ChinaSSE 183134257.
IndiaBSE 286554353.880.
SingaporeSGX 13950052.540.
TaiwanTWSE 68680056.950.
Vietnam HNX 6110052.
JordanASE 2410047.720.
MalaysiaBURSA 39070055.930.
MexicoBMV 22130060.510.
Saudi ArabiaTADAWUL 17870060.
JapanNAGOYA 2250061.780.
IndonesiaIDX 24700051.
SpainIBEX 10870060.530.
Greece ATHENS 5760062.330.
ChileBCS 3350051.340.
SwitzerlandSIX 40760062.410.
ChinaSZSE 222030056.520.
ArgentinaBUE 15600063.590.
BelgiumBRUSSELS 7320057.920.
BrazilBOVESPA 43480061.500.
CanadaCSE 9561053.970.
CanadaTSX-V 25480057.
JapanTOKYO 330482060.480.
UKLSE 171171060.820.
ThailandSET 47394153.620.
AustraliaASX 79936259.
TaiwanGTSM 55712055.500.
South KoreaKOSDAQ 106392056.910.
USOTC PINK 136212062.390.
DenmarkCOPENHAGEN 9563163.
NorwayOSE 18601060.
USPREFERRED 23827262.300.
UAEUAE 3962160.610.420.000.010.00
BangladeshDSE 25568158.
QatarQE 3973062.
PhilippinesPSE 11678159.640.140.000.05-0.05
UKLSE 1561057267.3168.570.961.11-0.15
Hong KongHKEX 1651156569.7056.520.781.07-0.29
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.