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 69442563.7756.8226.452.3424.11
JapanSAPPORO 136446.1566.6710.170.1710.00
TurkeyBIST 2044119366058.3755.327.191.036.16
ArgentinaBUE 68739421857.3555.335.811.634.18
PakistanKSE 35662030102756.9350.594.951.353.60
JapanFUKUOKA 49291359.1844.834.170.693.48
IndiaNSE 174899548495054.6151.834.631.253.38
South KoreaKOSDAQ 90925346287158.8053.704.531.173.36
ChinaSSE 144708537457459.0053.584.351.083.27
ChinaSZSE 2006811549623057.5553.944.511.243.27
Poland GPW 2681151479256.4752.314.381.283.11
EgyptEGX 2356127664254.1650.314.301.273.04
IndiaBSE 2779815615753456.2248.214.691.673.02
IndonesiaIDX 181095746352.8748.384.331.352.98
USNASDAQ 2453115839847364.6153.464.241.272.97
NorwayOSE 130877738759.4049.814.231.282.95
ChileBCS 115623253.9151.613.600.692.90
BrazilBOVESPA 2364145275261.7251.544.051.172.88
IsraelTASE 37762100111255.6152.953.871.082.79
USOTC PINK 1604210111438464.0142.695.783.012.77
Vietnam HOSE 2070112256854.2050.623.781.152.62
ArgentinaBUE 88674176.1461.192.840.282.55
SpainIBEX 122878841364.1752.413.510.972.54
USAMEX 37242365118063.5149.893.731.212.52
RussiaMICEX 1703107552963.1249.213.541.092.45
Austria WIENERBORSE 2401528763.3357.243.451.092.36
CanadaCSE 45326910959.6040.376.484.122.36
SwedenSTOCKHOLM 50143111155362.0549.923.721.412.31
The World 38696923414912038960.6051.343.471.172.30
TurkeyBIST 100594359.0072.882.370.082.29
Greece ATHENS 43325413658.6653.543.591.302.29
Hong KongHKEX 128147209324656.3045.003.891.672.22
JapanTOKYO 33818201971067559.7252.853.131.012.12
South KoreaKRX 86595023262258.0952.133.000.882.12
BangladeshDSE 2404146263560.8243.433.231.222.01
PhilippinesPSE 123374332560.2643.743.301.321.98
TaiwanTWSE 71243970200555.7350.502.780.811.98
Vietnam HNX 60230312050.3339.603.641.811.83
DenmarkCOPENHAGEN 94158728462.3848.382.821.021.80
UKLSE 158029871515562.8551.902.650.871.78
FrancePARIS 65994047210261.4551.842.570.801.77
CanadaTSX 116557202371561.8051.582.660.911.76
AustraliaASX 61663758181061.0048.133.301.551.75
CanadaTSX-V 1755106540860.6838.315.143.411.73
ThailandSET 4195224697853.5643.522.891.171.72
TaiwanGTSM 58303172148654.4146.852.761.071.69
JapanNAGOYA 2721587858.0949.372.580.911.67
USNYSE 31007200931088764.8254.162.510.851.66
MalaysiaBURSA 40972254100255.0244.453.131.491.64
MexicoBMV 1703109754164.4249.322.550.931.62
QatarQE 41426212663.2948.092.440.821.61
Saudi ArabiaTADAWUL 2030117455957.8347.612.601.001.60
OmanMSM 151693647.0250.702.651.061.59
BelgiumBRUSSELS 87554526962.2949.362.320.781.54
AustraliaASX 79554069.6272.731.580.051.53
MexicoBMV 82634276.8366.671.730.221.51
GermanyXETRA 105346809365564.8153.542.230.771.46
NetherlandsAMSTERDAM 1991130471465.4954.751.930.581.36
ItalyBORSA 84515336265263.5149.412.210.861.35
RussiaMICEX 121894873.5553.931.710.431.28
BrazilBOVESPA 74594179.7369.491.510.241.27
USOTCBB 194121.0525.008.257.001.25
SwitzerlandSIX 36462447130167.1153.171.850.621.23
UAEUAE 4222479858.5339.682.821.621.21
UAEUAE 132865065.1558.141.240.191.06
PortugalLISBON 3021908162.9142.632.291.231.06
IndiaNSE 76533269.7460.381.170.151.02
Poland GPW 118804767.8058.751.160.161.00
NorwayOSE 106815376.4265.431.160.190.98
JordanASE 2991586452.8440.512.661.810.85
SingaporeSGX 179395638353.3240.062.151.340.82
KuwaitKSE 52730613458.0643.792.521.750.77
IndonesiaIDX 90684175.5660.290.990.240.75
ChinaSSE 97673669.0753.730.940.190.75
Vietnam HOSE 133905067.6755.560.910.180.73
USPREFERRED 2258152172167.3647.401.130.440.69
MalaysiaBURSA 70503071.4360.000.940.260.68
ChileBCS 84623773.8159.680.920.240.68
Hong KongHKEX 113814971.6860.490.780.200.58
South KoreaKOSDAQ 82643978.0560.940.770.190.58
ThailandSET 135994973.3349.490.700.150.55
PhilippinesPSE 120803766.6746.250.680.180.50
CanadaTSX 98654166.3363.080.720.230.49
JapanTOKYO 79583573.4260.340.670.190.48
FOREXFOREX 1411146680.8557.890.760.300.46
BangladeshDSE 73562876.7150.000.630.180.45
SwitzerlandSIX 74562775.6848.210.590.140.45
DenmarkCOPENHAGEN 76593577.6359.320.590.170.42
SingaporeSGX 83673180.7246.270.630.240.39
IsraelTASE 122844768.8555.950.620.250.37
PakistanKSE 77553071.4354.550.670.310.36
USFOREX 1651035162.4249.510.520.180.34
TaiwanGTSM 80602675.0043.330.670.330.33
SwedenSTOCKHOLM 112864076.7946.510.560.240.31
Greece ATHENS 49301861.2260.000.470.200.27
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 91644670.3371.881.191.72-0.53
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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