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
USWARRANTS 46281660.8757.1416.462.2114.25
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 1988115463558.0555.036.751.045.71
JapanFUKUOKA 49331667.3548.485.210.554.67
ArgentinaBUE 64636519756.5053.975.491.693.80
PakistanKSE 3431195199156.8650.794.931.353.58
ChinaSZSE 1921011014599157.3354.394.611.233.37
ChinaSSE 138638139437858.7153.794.451.093.36
South KoreaKOSDAQ 87715121275758.3953.844.511.173.35
IndiaNSE 169049198475654.4151.714.591.253.34
Poland GPW 2534143975456.7952.404.311.233.08
IndonesiaIDX 175792044652.3648.484.361.333.03
IndiaBSE 2674614974721355.9948.174.691.683.01
EgyptEGX 2278122761953.8650.454.161.262.91
USNASDAQ 2410515493822464.2753.084.161.272.89
NorwayOSE 125974437059.0949.734.171.312.85
BrazilBOVESPA 2209135970761.5751.993.951.122.83
USOTC PINK 154289695418863.8142.545.763.012.74
Vietnam HOSE 2018109455554.2150.733.831.162.67
IsraelTASE 36001992103755.3352.063.711.102.61
ArgentinaBUE 86653975.5860.002.860.292.57
RussiaMICEX 1585100449763.3449.503.581.092.49
USAMEX 35672268112563.5849.603.641.212.43
Greece ATHENS 41124213358.8854.963.671.262.41
ChileBCS 97542755.6750.003.170.762.41
SpainIBEX 119075940263.7852.963.290.962.33
CanadaCSE 43726110559.7340.236.414.102.31
SwedenSTOCKHOLM 47032920145562.0949.833.701.402.30
The World 36421721954211242260.3351.173.471.192.28
TurkeyBIST 97584259.7972.412.340.092.26
Hong KongHKEX 124747032316856.3745.053.881.682.21
JapanTOKYO 32681194931034659.6553.083.141.012.13
South KoreaKRX 84034870253757.9652.092.980.892.10
JapanNAGOYA 2811668559.0751.202.920.832.09
BangladeshDSE 2292141461861.6943.713.241.222.02
PhilippinesPSE 120972531559.9743.453.271.331.94
TaiwanTWSE 68243804189055.7449.682.720.821.90
DenmarkCOPENHAGEN 89556427763.0249.112.851.011.84
CanadaTSX 113987009360861.4951.482.620.911.71
FrancePARIS 63853933204761.6052.052.490.801.69
UKLSE 151969503493262.6051.842.580.901.68
Austria WIENERBORSE 1991256862.8154.402.661.021.64
ThailandSET 4065216592953.2642.912.831.191.64
TaiwanGTSM 56133058143854.4847.022.701.081.62
QatarQE 39525011663.2946.402.450.851.60
OmanMSM 149703646.9851.432.671.071.60
USNYSE 30458197061064664.7054.022.450.861.59
AustraliaASX 77523967.5375.001.620.061.56
MexicoBMV 81624176.5466.131.760.231.53
BelgiumBRUSSELS 85252926262.0949.532.280.761.52
AustraliaASX 58603559169460.7347.603.081.571.51
MalaysiaBURSA 3896212592654.5443.583.021.531.50
Vietnam HNX 61230611750.0038.243.451.971.48
Saudi ArabiaTADAWUL 1956112852657.6746.632.481.011.47
RussiaMICEX 116854773.2855.291.780.401.38
GermanyXETRA 101476573353464.8353.722.150.781.37
MexicoBMV 1628104551064.1948.802.290.951.34
ItalyBORSA 81315140253363.2149.282.180.881.30
NetherlandsAMSTERDAM 1944127969865.7954.571.880.581.29
BrazilBOVESPA 72553976.3970.911.490.201.29
UAEUAE 4092369357.7039.412.891.631.25
USOTCBB 194121.0525.008.257.001.25
CanadaTSX-V 1659100838460.7638.104.613.391.22
SwitzerlandSIX 35502399127667.5853.191.800.621.17
PortugalLISBON 2941857762.9341.622.331.251.08
UAEUAE 128824664.0656.101.260.201.06
IndiaNSE 75523169.3359.621.190.151.04
Poland GPW 114774667.5459.741.190.171.03
NorwayOSE 103795276.7065.821.190.181.01
ChinaSSE 95643567.3754.690.970.190.78
IndonesiaIDX 88663975.0059.091.020.240.77
SingaporeSGX 175393036653.0539.352.131.370.76
MalaysiaBURSA 66462869.7060.870.980.240.74
Vietnam HOSE 129884968.2255.680.920.180.74
ChileBCS 80613776.2560.660.930.210.72
USPREFERRED 2251150970867.0446.921.100.440.66
JordanASE 3141646152.2337.202.591.950.64
Hong KongHKEX 111794871.1760.760.780.200.58
South KoreaKOSDAQ 78613778.2160.660.750.180.57
KuwaitKSE 50430012559.5241.672.381.810.56
ThailandSET 134984873.1348.980.690.150.54
PhilippinesPSE 119793766.3946.840.680.180.51
CanadaTSX 95623965.2662.900.740.240.50
BangladeshDSE 70532875.7152.830.680.190.49
JapanTOKYO 78583574.3660.340.670.190.48
SwitzerlandSIX 72542775.0050.000.610.130.48
TaiwanGTSM 75552573.3345.450.750.310.44
PakistanKSE 72512970.8356.860.730.290.43
FOREXFOREX 1391126480.5857.140.730.300.43
DenmarkCOPENHAGEN 75593578.6759.320.590.170.42
IsraelTASE 118814768.6458.020.640.230.41
SingaporeSGX 82663180.4946.970.640.240.39
USFOREX 1621025162.9650.000.530.180.35
SwedenSTOCKHOLM 106833978.3046.990.580.230.35
Greece ATHENS 48301862.5060.000.470.200.27
SpainIBEX 47321968.0959.380.410.220.19
Austria WIENERBORSE 43281665.1257.140.290.210.07
NetherlandsAMSTERDAM 45311668.8951.610.260.230.03
ItalyBORSA 46311667.3951.610.260.230.03
GermanyXETRA 45311668.8951.610.260.230.03
FrancePARIS 46311667.3951.610.260.230.03
BelgiumBRUSSELS 45311668.8951.610.260.230.03
PortugalLISBON 47321868.0956.250.250.28-0.03
UKLSE 88614569.3273.771.251.80-0.56
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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