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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 141804356.7453.7518.163.1515.01
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 2028116067057.5057.467.841.006.85
JapanFUKUOKA 47321868.0956.255.470.315.16
USOTC PINK 1567310097447764.7244.147.643.114.53
ArgentinaBUE 80146325158.4353.635.581.574.01
PakistanKSE 3293186096256.4851.725.001.303.70
IndonesiaIDX 174292446453.0450.224.921.323.59
IndiaNSE 160538734456854.4352.284.791.213.58
Poland GPW 2470140572656.9651.604.791.273.52
ChileBCS 151774550.9958.444.180.733.45
IndiaBSE 2549214324697156.2448.634.881.573.31
South KoreaKOSDAQ 86025045273158.7954.004.431.133.30
NorwayOSE 129679140661.1151.264.541.253.29
USNASDAQ 2307614958803664.9453.624.601.323.28
EgyptEGX 2101116656755.5048.634.531.373.16
Vietnam HOSE 2009105455252.4652.374.091.122.98
BrazilBOVESPA 2610164885563.6051.514.171.252.93
IsraelTASE 37742151115957.2653.633.871.012.86
TaiwanTWSE 65743781198857.5152.583.390.752.64
Greece ATHENS 43925913959.0053.673.711.102.61
USAMEX 35582243115663.3551.293.761.152.61
SwedenSTOCKHOLM 47853019154463.2651.014.001.422.58
PhilippinesPSE 115971431861.6044.543.791.302.49
ArgentinaBUE 90694276.6760.872.750.292.46
The World 36682022421011603861.1851.713.561.162.40
ChinaSZSE 1965211266587557.3352.153.501.162.34
SpainIBEX 112572539164.4453.933.280.952.33
Vietnam HNX 57429312651.0543.004.031.732.29
Austria WIENERBORSE 33621012362.5058.573.220.972.26
CanadaTSX-V 1916116044360.5438.195.573.332.25
CanadaCSE 60634313556.9339.136.193.982.22
South KoreaKRX 79604639248758.2853.613.010.792.22
BangladeshDSE 2160130858960.5645.033.381.172.21
TurkeyBIST 106654761.3272.312.250.082.17
JapanTOKYO 31565191951012860.8152.763.161.012.15
ThailandSET 4015215597153.6745.063.221.122.10
TaiwanGTSM 53852988142755.4947.763.050.992.06
DenmarkCOPENHAGEN 81853125964.9148.782.980.972.01
CanadaTSX 105136616342362.9551.722.870.891.98
UKLSE 145859408501264.5153.272.860.881.98
Hong KongHKEX 116986591295356.3444.803.591.631.96
PortugalLISBON 2311486764.0745.272.951.021.93
MexicoBMV 1730109354963.1850.232.891.031.86
ChinaSSE 141888265419958.2650.802.891.041.86
FrancePARIS 59183701195462.5452.802.640.781.85
RussiaMICEX 1787111952763.1846.682.851.031.82
AustraliaASX 62103812184661.4348.393.331.561.77
USNYSE 2736217957982965.6654.712.640.871.76
Saudi ArabiaTADAWUL 1720104451860.7049.622.630.941.69
MalaysiaBURSA 3991219296654.9244.073.141.501.64
QatarQE 37022711461.3550.222.440.811.63
JordanASE 2391205050.2141.673.401.801.60
OmanMSM 151693647.0250.702.651.061.59
GermanyXETRA 100516607356265.7353.912.280.731.55
JapanNAGOYA 2521527560.3249.342.400.861.55
BelgiumBRUSSELS 76948924563.5950.102.190.701.49
ItalyBORSA 80385257264565.4050.312.300.831.47
NetherlandsAMSTERDAM 1791118768566.2857.711.990.521.47
AustraliaASX 92644569.5770.311.500.061.44
MexicoBMV 93734678.4963.011.580.221.36
SwitzerlandSIX 33302284123168.7453.781.930.591.34
RussiaMICEX 134975372.3954.641.660.401.26
USOTCBB 194121.0525.008.257.001.25
BrazilBOVESPA 84684680.9567.651.460.221.24
UAEUAE 3632258861.9839.112.561.461.09
IndiaNSE 81553267.9058.181.160.151.02
UAEUAE 138905165.2256.671.200.191.01
USPREFERRED 2016137768668.3049.821.410.440.97
SingaporeSGX 143979532955.2541.382.121.170.95
Poland GPW 124865169.3559.301.100.160.94
NorwayOSE 118915777.1262.641.070.220.85
KuwaitKSE 42126611663.1843.612.391.610.77
Vietnam HOSE 148985266.2253.060.870.180.68
IndonesiaIDX 97754577.3260.000.930.250.68
South KoreaKOSDAQ 88684277.2761.760.870.190.68
ChinaSSE 108713765.7452.110.900.230.68
ChileBCS 94673971.2858.210.910.240.67
FOREXFOREX 1561257580.1360.000.860.300.57
MalaysiaBURSA 76543071.0555.560.870.310.56
JapanTOKYO 84613772.6260.660.720.180.54
Hong KongHKEX 120865171.6759.300.730.200.53
ThailandSET 1431045172.7349.040.660.160.50
PhilippinesPSE 126853967.4645.880.660.160.49
CanadaTSX 109714465.1461.970.750.270.48
DenmarkCOPENHAGEN 78613778.2160.660.640.160.48
SwitzerlandSIX 79602875.9546.670.570.150.42
PakistanKSE 86583367.4456.900.690.290.40
SingaporeSGX 95733376.8445.210.600.220.38
IsraelTASE 132945171.2154.260.630.240.38
BangladeshDSE 81623076.5448.390.560.190.37
TaiwanGTSM 85642875.2943.750.670.330.34
Greece ATHENS 54332061.1160.610.580.270.30
USFOREX 1771145464.4147.370.480.180.30
SwedenSTOCKHOLM 125944375.2045.740.530.240.29
SpainIBEX 53362267.9261.110.530.280.25
Austria WIENERBORSE 48311864.5858.060.420.290.13
NetherlandsAMSTERDAM 50341868.0052.940.380.290.09
ItalyBORSA 51341866.6752.940.380.290.09
GermanyXETRA 50341868.0052.940.380.290.09
FrancePARIS 51341866.6752.940.380.290.09
BelgiumBRUSSELS 50341868.0052.940.380.290.09
PortugalLISBON 52352067.3157.140.370.340.03
UKLSE 102724970.5968.061.081.57-0.49
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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