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 1/1/2017
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 1840104856856.9654.205.761.054.71
JapanFUKUOKA 44291465.9148.284.690.624.07
ChinaSSE 127057335388557.7352.974.521.133.39
PakistanKSE 3259182290055.9149.404.651.423.23
ChinaSZSE 175999895521556.2252.704.481.273.21
IndonesiaIDX 157483041052.7349.404.501.313.19
ArgentinaBUE 55630916255.5852.434.971.833.13
South KoreaKOSDAQ 83984866257357.9452.884.271.213.06
IndiaNSE 161888755443654.0850.674.221.282.94
IndiaBSE 2564514225674155.4747.394.461.722.74
CanadaCSE 3922379460.9739.336.543.922.62
USNASDAQ 2276314480760263.6452.483.891.282.60
EgyptEGX 2150114756553.3549.263.831.292.54
Poland GPW 2292128366055.9851.443.751.222.54
ArgentinaBUE 84633775.0058.732.810.302.51
IsraelTASE 3175171988654.1451.543.621.132.49
BrazilBOVESPA 1991121661961.0750.903.611.152.46
Vietnam HOSE 185799349053.4749.353.551.172.38
NorwayOSE 114067833559.4749.413.711.342.37
USOTC PINK 138588705368763.5741.855.363.082.28
TurkeyBIST 95564058.9571.432.320.092.23
RussiaMICEX 145791544862.8048.963.341.132.20
SpainIBEX 112771137463.0952.603.131.012.12
USAMEX 34122150104563.0148.603.361.242.12
Hong KongHKEX 115946500290756.0644.723.751.682.07
Greece ATHENS 37821911757.9453.423.451.392.06
The World 34458420618310432259.8750.573.261.202.05
JapanNAGOYA 2741608258.3951.252.790.762.03
SwedenSTOCKHOLM 44052718134961.7049.633.391.411.98
JapanTOKYO 3074618123951558.9452.502.991.021.97
BangladeshDSE 2260139060961.5043.813.181.221.96
South KoreaKRX 85504947255857.8651.712.730.881.84
DenmarkCOPENHAGEN 83952325662.3448.952.680.981.70
PhilippinesPSE 110366227960.0242.153.041.351.69
MexicoBMV 74563775.6866.071.840.181.66
OmanMSM 143673446.8550.752.761.101.66
Austria WIENERBORSE 42726114161.1254.022.430.811.62
RussiaMICEX 95663569.4753.031.980.411.58
TaiwanTWSE 63753501169754.9248.472.380.851.53
AustraliaASX 74503767.5774.001.580.061.52
USNYSE 29448189761012864.4553.362.350.881.48
UKLSE 142018783451161.8551.362.370.901.47
FrancePARIS 61223759192861.4051.292.280.821.46
BelgiumBRUSSELS 78448523461.8648.252.240.791.44
CanadaTSX 106236461322860.8249.962.360.941.42
Vietnam HNX 57728910850.0937.373.442.021.41
ThailandSET 3626192081452.9542.402.601.201.40
AustraliaASX 53343213150460.2446.812.861.541.32
MexicoBMV 145592945163.8548.552.270.961.31
BrazilBOVESPA 71553977.4670.911.490.201.29
TaiwanGTSM 51732802128454.1745.822.391.121.27
USOTCBB 194121.0525.008.257.001.25
GermanyXETRA 92515958315964.4053.022.040.801.24
QatarQE 36623110263.1144.162.120.891.23
NetherlandsAMSTERDAM 1792117363665.4654.221.800.581.22
ItalyBORSA 74934751231663.4148.752.120.911.20
Saudi ArabiaTADAWUL 1881107949257.3645.602.191.031.17
MalaysiaBURSA 3515193082754.9142.852.681.551.13
PortugalLISBON 2671687062.9241.672.361.251.11
UKLSE 81564269.1475.001.270.181.09
ChileBCS 68392057.3551.281.690.641.05
IndiaNSE 74513068.9258.821.200.161.04
NorwayOSE 98754876.5364.001.200.191.01
UAEUAE 3782258759.5238.672.691.681.00
Poland GPW 105724468.5761.111.150.170.99
SwitzerlandSIX 32572174114466.7552.621.520.620.90
UAEUAE 117733862.3952.051.030.220.81
ChinaSSE 88593467.0557.630.950.170.78
IndonesiaIDX 83663979.5259.091.020.240.77
Vietnam HOSE 117784466.6756.410.940.180.76
MalaysiaBURSA 63452771.4360.000.980.240.73
ChileBCS 75583477.3358.620.840.220.62
South KoreaKOSDAQ 73583579.4560.340.760.170.59
KuwaitKSE 46527511659.1442.182.451.880.57
SwitzerlandSIX 67482671.6454.170.690.130.56
ThailandSET 127924472.4447.830.710.150.55
JordanASE 3081615952.2736.652.521.990.53
JapanTOKYO 73553475.3461.820.690.160.53
PhilippinesPSE 111753567.5746.670.690.170.52
Hong KongHKEX 100724272.0058.330.740.220.51
CanadaTSX 89593766.2962.710.750.240.51
SingaporeSGX 162884632451.9738.301.871.390.48
IsraelTASE 108754269.4456.000.680.240.44
DenmarkCOPENHAGEN 71543176.0657.410.590.170.43
TaiwanGTSM 71522373.2444.230.750.330.42
SwedenSTOCKHOLM 97763778.3548.680.620.200.42
SingaporeSGX 81653180.2547.690.650.250.40
PakistanKSE 63462673.0256.520.720.330.39
CanadaTSX-V 154592633959.9436.613.893.530.36
BangladeshDSE 60462276.6747.830.570.220.35
USPREFERRED 2002134761067.2845.290.770.430.35
Greece ATHENS 44261659.0961.540.500.150.35
USFOREX 150934662.0049.460.530.180.34
FOREXFOREX 1241005680.6556.000.650.320.33
SpainIBEX 43281765.1260.710.430.180.25
Austria WIENERBORSE 39241461.5458.330.290.170.13
NetherlandsAMSTERDAM 41271465.8551.850.260.190.07
ItalyBORSA 42271464.2951.850.260.190.07
FrancePARIS 42271464.2951.850.260.190.07
GermanyXETRA 41271465.8551.850.260.190.07
BelgiumBRUSSELS 41271465.8551.850.260.190.07
PortugalLISBON 43281665.1257.140.250.250.00
USWARRANTS 3620955.5645.001.802.50-0.70
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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