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 107603356.0755.0021.902.7719.13
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 1941113065358.2257.798.140.997.15
JapanFUKUOKA 47321868.0956.255.470.315.16
USOTC PINK 149539634427264.6044.227.613.074.54
ChileBCS 131673751.1555.224.670.723.96
ArgentinaBUE 74743023457.5654.425.521.613.91
Poland GPW 2386135171356.6252.784.891.223.67
PakistanKSE 3204181092856.4951.274.981.313.67
IndonesiaIDX 165387643752.9949.894.791.323.47
IndiaNSE 158258571441854.1951.524.641.233.41
NorwayOSE 123475539061.2651.594.601.233.37
South KoreaKOSDAQ 83274863264158.4454.274.431.133.31
USNASDAQ 2222914478776465.2453.544.581.303.28
IndiaBSE 2499914003673256.0548.044.731.603.13
Vietnam HOSE 1971103455052.4653.194.201.123.09
EgyptEGX 2036112754755.3548.544.451.383.07
BrazilBOVESPA 2379150378163.3951.794.241.233.01
IsraelTASE 36312063110956.8253.764.021.023.00
USAMEX 34512176111863.3751.123.801.172.63
Greece ATHENS 41824613358.8554.073.711.112.60
Vietnam HNX 53727311850.8443.224.261.662.59
CanadaTSX-V 1821110543560.6839.375.863.302.57
SwedenSTOCKHOLM 46592938149563.0650.883.971.422.55
ArgentinaBUE 90694276.6760.872.770.292.48
PhilippinesPSE 112869731061.7944.483.721.302.42
The World 35608621739611218261.0851.583.531.152.37
SpainIBEX 109170438064.5353.983.290.942.35
ChinaSZSE 1885910793559657.2351.853.481.162.32
Austria WIENERBORSE 30018511261.6760.543.230.972.26
TaiwanTWSE 63083594184756.9851.392.960.762.20
JapanTOKYO 3039718406972160.5552.813.201.012.19
TurkeyBIST 105654761.9072.312.250.082.17
South KoreaKRX 77504463236957.5953.082.980.812.17
UKLSE 141789166487764.6553.212.880.872.01
CanadaTSX 102326443334062.9851.832.870.882.00
CanadaCSE 55531612657.3039.625.973.971.99
DenmarkCOPENHAGEN 79851425264.4149.032.970.981.99
BangladeshDSE 2076126954961.1343.263.191.201.99
Hong KongHKEX 116086505290556.0444.663.621.631.99
FrancePARIS 57663615191762.7053.032.660.781.88
MexicoBMV 1637103751863.3549.952.891.011.88
ThailandSET 3848204590053.1444.013.001.141.85
RussiaMICEX 1680105049662.6847.102.891.051.83
ChinaSSE 136077923400958.2350.592.861.041.82
TaiwanGTSM 51862859134455.1347.012.831.001.82
Saudi ArabiaTADAWUL 1729104951560.6749.092.770.961.81
AustraliaASX 59153644177361.6448.633.321.561.76
USNYSE 2686317668966265.7854.682.630.871.76
PortugalLISBON 2361516763.9844.372.721.031.69
MalaysiaBURSA 3801208492154.8344.193.111.481.63
JapanNAGOYA 2531527560.0849.342.430.821.62
QatarQE 36122211261.5050.452.410.811.60
OmanMSM 151693647.0250.702.651.061.59
GermanyXETRA 98646431346465.2153.862.270.741.54
NetherlandsAMSTERDAM 1749115466565.9857.632.010.531.48
ItalyBORSA 78245089256165.0450.322.320.851.47
AustraliaASX 89624369.6669.351.520.061.45
BelgiumBRUSSELS 76347823462.6548.952.170.731.45
MexicoBMV 91704676.9265.711.640.211.43
SwitzerlandSIX 32252221120469.0254.091.930.591.34
BrazilBOVESPA 77624280.5267.741.560.241.32
RussiaMICEX 130955173.0853.681.680.411.27
USOTCBB 194121.0525.008.257.001.25
IndiaNSE 77533268.8360.381.210.151.06
JordanASE 2361205050.8541.672.851.831.02
UAEUAE 138895064.4956.181.200.191.01
Poland GPW 122824867.2158.541.150.160.99
USPREFERRED 2014136567167.7849.161.390.440.95
SingaporeSGX 142378832755.3841.502.111.170.94
NorwayOSE 115885676.5263.641.100.200.90
UAEUAE 3582198161.1736.992.351.570.79
IndonesiaIDX 93704275.2760.000.970.240.73
Vietnam HOSE 143945165.7354.260.890.180.71
ChinaSSE 102693667.6552.170.930.220.71
South KoreaKOSDAQ 85664177.6562.120.880.180.70
ChileBCS 89653873.0358.460.910.230.68
MalaysiaBURSA 73513069.8658.820.920.270.65
Hong KongHKEX 118845171.1960.710.750.190.56
JapanTOKYO 81593672.8461.020.750.190.56
ThailandSET 1391015072.6649.500.680.150.53
KuwaitKSE 41726311063.0741.832.151.650.51
PhilippinesPSE 122813766.3945.680.670.170.49
CanadaTSX 104684365.3863.240.720.240.49
DenmarkCOPENHAGEN 78613778.2160.660.640.160.48
FOREXFOREX 1451166880.0058.620.740.290.45
SwitzerlandSIX 78602876.9246.670.570.150.42
PakistanKSE 85573267.0656.140.680.300.39
IsraelTASE 128915071.0954.950.640.250.38
BangladeshDSE 78602976.9248.330.580.200.38
SingaporeSGX 88703179.5544.290.600.230.37
TaiwanGTSM 83622774.7043.550.660.340.32
USFOREX 1741115263.7946.850.500.180.32
Greece ATHENS 52332063.4660.610.580.270.30
SwedenSTOCKHOLM 123924274.8045.650.540.250.29
SpainIBEX 51362270.5961.110.530.280.25
Austria WIENERBORSE 46311867.3958.060.420.290.13
NetherlandsAMSTERDAM 48341870.8352.940.380.290.09
ItalyBORSA 49341869.3952.940.380.290.09
GermanyXETRA 48341870.8352.940.380.290.09
FrancePARIS 49341869.3952.940.380.290.09
BelgiumBRUSSELS 48341870.8352.940.380.290.09
PortugalLISBON 50352070.0057.140.370.340.03
UKLSE 98684769.3969.121.131.65-0.51
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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