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 1/1/2021
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
TurkeyBIST 2762158293157.2858.858.451.157.30
ArgentinaBUE 53735520966.1158.876.521.355.18
Vietnam HNX 65135317954.2250.716.071.734.34
IndonesiaIDX 2717137865750.7247.685.631.504.13
IndiaNSE 179049656515653.9953.344.961.173.79
EgyptEGX 163284844052.0251.835.191.433.76
ChileBCS 39821212853.2760.384.370.703.66
IndiaBSE 3298018098898054.9149.595.071.483.59
Greece ATHENS 66240221460.7353.234.361.053.31
Vietnam HOSE 2365124466652.6053.544.211.073.14
USNASDAQ 33995213051072162.6750.324.661.533.13
SwedenSTOCKHOLM 59673677190061.6251.674.621.523.11
JordanASE 2321014443.5343.565.021.943.08
ArgentinaBUE 119955679.8358.953.330.283.04
South KoreaKOSDAQ 126277258377057.4851.944.201.262.95
CanadaTSX-V 2675150062256.0741.476.073.122.95
USOTC PINK 1693310152446662.0342.525.812.872.94
Poland GPW 2989177484359.4247.474.311.512.80
PakistanKSE 3420194192256.7847.484.291.492.80
The World 47813828357514434959.9650.353.851.182.68
IsraelTASE 58623311178256.4853.823.641.052.60
ChinaSZSE 2778415930821957.3451.593.691.122.57
NorwayOSE 2233137763761.6746.264.011.632.38
BangladeshDSE 2969170979557.5646.523.521.202.32
TaiwanTWSE 79364649243858.5852.443.140.822.32
TaiwanGTSM 62033513175256.8849.663.200.932.27
Saudi ArabiaTADAWUL 2040122465460.0053.433.130.872.26
JapanFUKUOKA 60432271.6751.162.740.572.17
Austria WIENERBORSE 101161733761.0354.623.291.142.14
ChinaSSE 2369513656694257.6350.833.151.022.13
UKLSE 2058012710651761.7651.273.161.062.10
MalaysiaBURSA 39852272101357.0144.593.581.532.05
BrazilBOVESPA 53973363164962.3149.033.171.172.00
MexicoBMV 2380146674361.6050.683.341.361.98
USAMEX 60273914190664.9448.703.111.131.98
Hong KongHKEX 123556918307055.9944.383.771.801.98
PhilippinesPSE 123273230459.4241.533.461.491.96
South KoreaKRX 110116278326257.0251.962.820.891.93
FrancePARIS 70384236219960.1951.912.880.961.92
JapanTOKYO 36966228021168061.6851.222.881.011.86
TurkeyBIST 143936265.0366.672.020.161.86
ThailandSET 53482883125153.9143.393.021.171.84
CanadaTSX 133858069412860.2851.162.700.971.73
USNYSE 38866244251308062.8453.552.560.911.65
SpainIBEX 131981340561.6449.822.721.081.64
DenmarkCOPENHAGEN 110371033664.3747.323.081.471.61
OmanMSM 151693647.0250.702.651.061.59
SwitzerlandSIX 47693001155162.9351.682.350.801.55
UAEUAE 46326911458.1042.382.661.171.49
CanadaCSE 92350220654.3941.045.323.941.38
ItalyBORSA 112597051356162.7050.452.200.831.37
BelgiumBRUSSELS 81247524058.5050.532.361.011.35
AustraliaASX 88295290249159.9247.093.001.681.31
ChileBCS 137976370.8064.951.520.241.28
NetherlandsAMSTERDAM 2804184496865.7652.492.060.791.27
USOTCBB 194121.0525.008.257.001.25
BrazilBOVESPA 1431178381.8270.941.480.231.25
PortugalLISBON 2281537167.1146.412.241.011.23
GermanyXETRA 1710310766546362.9550.742.050.831.22
KuwaitKSE 63338217060.3544.502.561.371.19
JapanNAGOYA 2591558159.8552.262.080.921.16
RussiaMICEX 1771297072.8854.261.550.431.12
QatarQE 46127912960.5246.241.930.811.12
JapanTOKYO 133976072.9361.861.320.211.11
AustraliaASX 1551086669.6861.111.300.191.10
SingaporeSGX 145879433454.4642.072.271.201.07
PakistanKSE 130895168.4657.301.380.331.06
IndiaNSE 118824869.4958.541.170.151.02
FOREXFOREX 21617610681.4860.231.270.271.00
MexicoBMV 1831327472.1356.061.200.200.99
UAEUAE 2151538471.1654.901.090.220.88
BangladeshDSE 1391155782.7349.570.960.160.80
Poland GPW 2201558170.4552.260.970.210.76
IndonesiaIDX 1421066274.6558.490.990.250.74
Vietnam HOSE 2021407969.3156.430.910.180.73
Greece ATHENS 82532964.6354.720.960.260.70
SwedenSTOCKHOLM 2481849874.1953.260.890.220.67
NorwayOSE 33324413873.2756.560.890.240.65
MalaysiaBURSA 125945375.2056.380.850.260.60
DenmarkCOPENHAGEN 1341085980.6054.630.740.180.56
ThailandSET 1931366970.4750.740.740.190.54
South KoreaKOSDAQ 1301015577.6954.460.750.220.53
PortugalLISBON 80553068.7554.550.850.330.53
ChinaSSE 1531015166.0150.500.730.220.51
SwitzerlandSIX 118913977.1242.860.740.240.49
PhilippinesPSE 1831306971.0453.080.650.170.48
CanadaTSX 1911227363.8759.840.700.230.48
SpainIBEX 82563268.2957.140.710.270.45
Austria WIENERBORSE 76502765.7954.000.680.280.40
SingaporeSGX 1511085071.5246.300.620.220.40
IsraelTASE 1911417573.8253.190.620.230.39
FrancePARIS 81552967.9052.730.620.270.35
GermanyXETRA 80552968.7552.730.620.270.35
ItalyBORSA 81552967.9052.730.620.270.35
TaiwanGTSM 1471164778.9140.520.590.280.31
USFOREX 2571747667.7043.680.470.240.23
NetherlandsAMSTERDAM 81572770.3747.370.490.330.16
BelgiumBRUSSELS 81572770.3747.370.490.330.16
USWARRANTS 6202152.580.310.030.020.01
RussiaMICEX 14100063.550.000.000.000.00
USPREFERRED 23827262.300.130.000.000.00
Hong KongHKEX 1821277369.7857.480.880.98-0.09
UKLSE 1731167767.0566.380.911.03-0.13
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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