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 1/1/2019
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 2251126073955.9858.658.291.047.25
IndonesiaIDX 2018104651251.8348.956.421.434.98
JapanFUKUOKA 61422568.8559.525.170.484.69
USWARRANTS 50727611954.4443.128.294.054.24
IndiaBSE 2652114258704353.7649.395.271.553.72
IndiaNSE 159078224433651.7152.724.881.193.69
ChileBCS 2631297349.0556.594.190.703.50
Poland GPW 2610147273556.4049.934.871.423.45
USOTC PINK 1663510346448063.1342.666.473.133.34
ArgentinaBUE 118773238161.6752.054.801.523.28
South KoreaKOSDAQ 92055266288357.2154.754.381.123.26
EgyptEGX 1940106753855.0050.424.571.373.20
SwedenSTOCKHOLM 49903105157362.4850.454.531.423.11
Vietnam HNX 63232815351.9046.654.851.763.09
USNASDAQ 2549016071839163.1252.154.451.423.03
NorwayOSE 157595346760.5149.004.321.352.97
Vietnam HOSE 2193113460151.7153.003.951.112.84
The World 38744223046611791359.5551.104.011.182.83
PakistanKSE 3276182986855.8347.464.251.522.74
IsraelTASE 45352575135956.7852.783.721.032.69
ChinaSZSE 1990610787578754.1953.653.701.072.63
TaiwanTWSE 66243716195756.1052.663.290.792.51
JordanASE 2471304852.6336.924.351.892.46
Greece ATHENS 51231515961.5250.483.591.232.36
BangladeshDSE 2493140464056.3245.583.521.162.36
BrazilBOVESPA 37582361114863.2348.323.691.412.28
PhilippinesPSE 120973831961.0443.223.631.402.23
ArgentinaBUE 103794676.7058.232.510.282.23
USAMEX 42442629126861.9548.233.371.172.20
ThailandSET 44542358103752.9443.983.301.122.18
ChinaSSE 147038171435455.6153.253.060.942.12
RussiaMICEX 160597944361.3744.973.151.032.12
South KoreaKRX 84744884258557.7152.862.940.832.12
DenmarkCOPENHAGEN 88856327263.4048.313.351.312.04
TaiwanGTSM 53542944142354.9948.342.970.981.99
TurkeyBIST 116725062.0769.442.070.101.97
SpainIBEX 105866135062.4852.952.961.031.93
JapanTOKYO 3138018679961259.5351.462.931.011.92
Saudi ArabiaTADAWUL 1752104055159.3652.982.730.811.92
FrancePARIS 58913648194061.9253.182.680.791.90
UKLSE 153359509490962.0451.602.860.961.89
Hong KongHKEX 118796544284655.0943.493.671.781.89
CanadaTSX-V 2463141756757.8639.795.173.271.89
CanadaTSX 110786712340860.5950.772.800.931.87
Austria WIENERBORSE 49931417562.9355.732.961.111.85
USNYSE 2807617676958963.0354.192.640.861.78
MalaysiaBURSA 43642393103554.8443.253.261.531.73
AustraliaASX 72624367204260.1346.763.311.701.61
MexicoBMV 2059127862162.0748.592.821.221.61
PortugalLISBON 1981275864.1445.672.691.091.60
OmanMSM 151693647.0250.702.651.061.59
UAEUAE 3402148762.9440.652.991.431.56
CanadaCSE 93250919154.6137.525.674.121.55
BelgiumBRUSSELS 77646223359.5450.432.190.771.42
GermanyXETRA 110977153372964.4652.132.150.751.39
JapanNAGOYA 2541588462.6052.832.190.821.37
SwitzerlandSIX 36292384125465.6952.602.050.691.36
NetherlandsAMSTERDAM 1866122666865.7054.491.900.561.34
ItalyBORSA 82575221258763.2349.552.050.791.25
USOTCBB 194121.0525.008.257.001.25
QatarQE 36523610864.6645.762.100.861.23
AustraliaASX 116815369.8365.431.350.171.17
MexicoBMV 112915481.2559.341.360.211.15
RussiaMICEX 1511085771.5252.781.560.441.13
BrazilBOVESPA 96765079.1765.791.370.251.12
IndiaNSE 88583365.9156.901.120.160.97
SingaporeSGX 146679732754.3741.032.101.140.96
UAEUAE 1541015465.5853.471.080.230.85
Poland GPW 139975469.7855.671.050.210.85
USPREFERRED 2032131962764.9147.541.240.430.81
KuwaitKSE 50431113061.7141.802.291.490.81
ChileBCS 101724471.2961.111.030.220.81
JapanTOKYO 97724574.2362.500.930.170.76
BangladeshDSE 91703276.9245.710.960.210.74
NorwayOSE 1661217472.8961.160.930.210.72
Vietnam HOSE 1701156267.6553.910.830.170.66
SwitzerlandSIX 98763477.5544.740.790.160.63
IndonesiaIDX 112834774.1156.630.860.250.60
FOREXFOREX 1811438479.0158.740.870.290.57
ChinaSSE 125874469.6050.570.760.220.54
SwedenSTOCKHOLM 1561236278.8550.410.730.200.53
South KoreaKOSDAQ 105824578.1054.880.740.220.52
CanadaTSX 137895664.9662.920.730.210.52
ThailandSET 1591105569.1850.000.660.170.49
MalaysiaBURSA 90653472.2252.310.750.310.45
DenmarkCOPENHAGEN 91724079.1255.560.580.150.43
Greece ATHENS 64422465.6357.140.670.240.43
PhilippinesPSE 134924268.6645.650.630.210.42
SpainIBEX 63452671.4357.780.620.240.38
IsraelTASE 1481045670.2753.850.610.230.38
PakistanKSE 93653669.8955.380.680.310.37
SingaporeSGX 113843874.3445.240.580.210.37
BelgiumBRUSSELS 62452472.5853.330.560.240.31
NetherlandsAMSTERDAM 62452472.5853.330.560.240.31
Austria WIENERBORSE 58402268.9755.000.550.250.30
ItalyBORSA 62442370.9752.270.500.250.25
FrancePARIS 62442370.9752.270.500.250.25
GermanyXETRA 61442372.1352.270.500.250.25
USFOREX 1991295764.8244.190.460.210.25
TaiwanGTSM 105823278.1039.020.560.330.23
PortugalLISBON 62442470.9754.550.500.300.20
UKLSE 139956868.3571.581.001.22-0.22
Hong KongHKEX 142975568.3156.700.671.25-0.58
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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