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
JapanSAPPORO 136446.1566.6710.170.1710.00
USWARRANTS 2281305957.0245.3811.203.567.64
TurkeyBIST 2197123370357.0856.067.590.996.59
JapanFUKUOKA 54372168.5256.765.220.384.84
IndonesiaIDX 1903100750352.9249.955.481.334.15
USOTC PINK 1724411046477964.6742.867.153.303.85
IndiaNSE 167289150479654.7052.414.841.203.65
ArgentinaBUE 92155229559.9353.445.131.513.61
Poland GPW 2613149976857.4451.174.791.293.50
PakistanKSE 3510197899856.3550.464.801.313.49
IndiaBSE 2683515072736056.1748.834.951.573.38
ChileBCS 1971055953.3056.194.080.763.31
South KoreaKOSDAQ 92565387289258.2053.684.391.123.26
USNASDAQ 2509716349876265.2253.534.521.323.20
EgyptEGX 2186122559956.0448.904.591.403.19
SwedenSTOCKHOLM 50663206164763.3851.294.421.403.02
NorwayOSE 147090045061.3649.894.211.262.95
Vietnam HOSE 2129112359052.7552.544.071.132.93
IsraelTASE 40772327125257.0853.803.911.022.89
TaiwanTWSE 68953960207857.4352.473.410.732.67
BrazilBOVESPA 31772030100564.1249.343.941.322.62
Greece ATHENS 48028214858.7552.483.611.112.50
ArgentinaBUE 95724475.7961.112.710.282.43
USAMEX 39582516128463.6950.933.571.152.42
PhilippinesPSE 120374133061.6044.533.731.322.41
The World 39020923903712313261.3251.463.531.172.36
BangladeshDSE 2208136462061.7845.453.521.162.36
ChinaSZSE 2098312174631658.0251.883.521.172.35
Vietnam HNX 61231313751.1443.774.131.782.35
CanadaTSX-V 2068125149860.4939.815.573.242.33
CanadaCSE 70040515857.8639.016.334.062.27
ThailandSET 43162349106854.4345.473.311.092.22
Austria WIENERBORSE 38724914664.3458.633.170.962.21
SpainIBEX 116474739164.1852.343.150.992.16
South KoreaKRX 85314948261258.0052.792.930.812.12
JapanTOKYO 33252203471061461.1952.163.101.022.09
TaiwanGTSM 56903171151255.7347.683.011.002.01
TurkeyBIST 114704861.4068.572.090.101.99
CanadaTSX 110917005361763.2051.612.850.891.96
UKLSE 1559010014529964.2652.892.820.881.93
Hong KongHKEX 122906889304756.0544.233.551.661.90
DenmarkCOPENHAGEN 88057327565.1147.992.931.041.89
ChinaSSE 150718872452758.8751.032.911.031.88
Saudi ArabiaTADAWUL 1852111656060.2650.182.820.941.88
RussiaMICEX 1970123258263.4546.562.810.981.83
FrancePARIS 61953877204662.5852.772.600.781.82
PortugalLISBON 2321516765.0944.372.801.031.77
MexicoBMV 1923122461463.6550.162.811.051.76
USNYSE 29506193661064165.6454.942.600.861.74
AustraliaASX 67024141200361.7948.373.291.571.72
JordanASE 2571315650.9742.753.381.761.62
MalaysiaBURSA 42682369103355.5143.603.091.491.60
OmanMSM 151693647.0250.702.651.061.59
QatarQE 38723912261.7651.052.360.791.57
JapanNAGOYA 2741648260.2249.702.310.791.52
GermanyXETRA 108017108381465.8653.622.240.731.51
ItalyBORSA 84365508276965.2950.272.260.831.44
NetherlandsAMSTERDAM 1888125671066.5356.531.920.531.39
AustraliaASX 94664670.2169.701.450.081.38
SwitzerlandSIX 35532424129968.5653.331.970.591.38
BelgiumBRUSSELS 82351325362.3349.322.130.781.35
MexicoBMV 101815280.2064.201.510.211.30
RussiaMICEX 1371005572.9955.001.650.391.26
USOTCBB 194121.0525.008.257.001.25
BrazilBOVESPA 86694780.2368.121.430.221.22
UAEUAE 3792399363.0638.912.611.441.16
IndiaNSE 83553266.2758.181.160.151.02
UAEUAE 139905164.7556.671.200.191.01
USPREFERRED 1964132565467.4649.361.430.460.97
SingaporeSGX 150783835155.6141.892.111.150.96
Poland GPW 127885269.2959.091.090.160.93
NorwayOSE 124955976.6162.111.050.220.83
KuwaitKSE 47129813163.2743.962.371.580.79
Vietnam HOSE 149985265.7753.060.870.180.68
ChileBCS 96694171.8859.420.910.230.68
IndonesiaIDX 99774677.7859.740.910.250.66
ChinaSSE 110743967.2752.700.880.220.66
South KoreaKOSDAQ 97764278.3555.260.780.200.58
FOREXFOREX 1581267679.7560.320.870.290.57
JapanTOKYO 89643971.9160.940.730.190.55
MalaysiaBURSA 78563171.7955.360.840.300.54
CanadaTSX 115754665.2261.330.790.250.53
Hong KongHKEX 123875170.7358.620.720.200.53
ThailandSET 1461045171.2349.040.660.160.50
PhilippinesPSE 127864067.7246.510.650.160.49
DenmarkCOPENHAGEN 84673979.7658.210.580.150.43
PakistanKSE 86583367.4456.900.690.290.40
SingaporeSGX 98753476.5345.330.600.210.39
SwitzerlandSIX 85642875.2943.750.530.160.38
BangladeshDSE 83643177.1148.440.550.190.36
IsraelTASE 135985372.5954.080.600.240.36
TaiwanGTSM 88652873.8643.080.660.320.34
USFOREX 1801165564.4447.410.510.190.32
SwedenSTOCKHOLM 128954474.2246.320.560.240.32
Greece ATHENS 59382264.4157.890.500.260.24
SpainIBEX 58412470.6958.540.460.270.20
Austria WIENERBORSE 53362067.9255.560.360.280.08
NetherlandsAMSTERDAM 56402171.4352.500.330.280.05
ItalyBORSA 57402170.1852.500.330.280.05
FrancePARIS 57402170.1852.500.330.280.05
GermanyXETRA 56402171.4352.500.330.280.05
BelgiumBRUSSELS 56402171.4352.500.330.280.05
PortugalLISBON 57402270.1855.000.330.330.00
UKLSE 114815871.0571.601.041.40-0.36
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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