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 1905109960357.6954.876.291.025.26
JapanFUKUOKA 39261366.6750.004.650.584.08
ArgentinaBUE 59833817956.5252.965.251.743.52
PakistanKSE 3317187494656.5050.484.861.383.48
ChinaSSE 133277807420258.5853.824.471.113.36
IndiaNSE 163948896456154.2651.274.531.263.27
ChinaSZSE 1850610556569757.0453.974.501.253.26
South KoreaKOSDAQ 85264950263958.1653.224.401.183.22
IndonesiaIDX 166487442752.5248.864.451.323.13
IndiaBSE 2587614428689955.7647.824.661.702.96
Poland GPW 2383135470856.8252.294.161.212.95
BrazilBOVESPA 2073126766261.1252.254.041.142.89
EgyptEGX 2217118959253.6349.794.141.282.86
USNASDAQ 2328014886790163.9453.084.121.282.83
NorwayOSE 119971335559.4749.794.071.332.75
ChileBCS 81462356.7950.003.350.632.72
USOTC PINK 140518876380063.9542.295.653.052.59
ArgentinaBUE 86653975.5860.002.860.292.57
IsraelTASE 3438188998154.9451.933.671.122.56
Vietnam HOSE 1930104052053.8950.003.701.162.54
RussiaMICEX 152495847662.8649.693.581.112.47
USAMEX 34632185108863.1049.793.661.212.45
Greece ATHENS 40623812958.6254.203.701.322.38
SpainIBEX 116274139263.7752.903.310.982.32
SwedenSTOCKHOLM 45242797140261.8350.133.711.412.30
CanadaCSE 42325210060.0539.376.063.822.24
The World 35254621208810827460.2051.023.411.192.22
TurkeyBIST 96574159.3871.932.300.092.21
Hong KongHKEX 120446790304456.4344.793.831.672.15
JapanTOKYO 3171418836997159.3952.943.141.022.12
BangladeshDSE 2264138960661.4843.533.191.221.98
PhilippinesPSE 115669630260.2143.393.231.321.91
South KoreaKRX 88055097264657.8951.912.760.881.88
DenmarkCOPENHAGEN 85553326562.3449.722.810.981.83
FrancePARIS 62733872200461.7251.762.520.811.70
ThailandSET 3823203488353.2043.412.861.191.68
JapanNAGOYA 2621527758.0250.662.550.881.67
TaiwanTWSE 66003667181355.5649.442.490.831.66
OmanMSM 148693646.6252.172.711.071.64
UKLSE 146219120474462.4451.962.520.901.62
CanadaTSX 110226733342161.0950.812.530.921.61
Austria WIENERBORSE 46328015260.4854.292.420.821.60
USNYSE 29711191971031964.6153.752.470.871.60
MexicoBMV 77593976.6266.101.800.201.59
TaiwanGTSM 53452907137154.3947.162.681.091.59
AustraliaASX 75513868.0074.511.630.061.57
QatarQE 38524211162.8645.872.430.871.57
AustraliaASX 55443361159860.6247.553.081.571.50
BelgiumBRUSSELS 81350224561.7548.802.260.771.49
MexicoBMV 153498548164.2148.832.370.951.42
GermanyXETRA 96106246333564.9953.392.170.791.38
MalaysiaBURSA 3694203587955.0943.192.881.541.35
RussiaMICEX 113824472.5753.661.730.411.32
NetherlandsAMSTERDAM 1856122466365.9554.171.900.581.31
ItalyBORSA 77214924242463.7749.232.180.891.29
Vietnam HNX 60329911249.5937.463.352.061.29
BrazilBOVESPA 71553977.4670.911.490.201.29
USOTCBB 194121.0525.008.257.001.25
Saudi ArabiaTADAWUL 1921110850957.6845.942.231.021.21
UAEUAE 3972339158.6939.062.821.641.18
PortugalLISBON 2811787363.3541.012.371.251.12
Poland GPW 112754566.9660.001.230.171.05
UAEUAE 120754062.5053.331.250.211.04
NorwayOSE 100764976.0064.471.220.181.04
IndiaNSE 74513068.9258.821.200.161.04
SwitzerlandSIX 34062288122067.1853.321.640.631.00
ChinaSSE 90593465.5657.631.050.170.88
CanadaTSX-V 157395535260.7136.864.293.450.84
IndonesiaIDX 88663975.0059.091.020.240.77
SingaporeSGX 166587734552.6739.342.111.360.75
MalaysiaBURSA 64462871.8860.870.980.240.74
ChileBCS 80613776.2560.660.930.210.72
Vietnam HOSE 122824567.2154.880.900.200.71
KuwaitKSE 49929312458.7242.322.441.830.61
South KoreaKOSDAQ 76613780.2660.660.750.180.57
ThailandSET 130944572.3147.870.710.160.55
PhilippinesPSE 114763666.6747.370.710.170.54
USPREFERRED 2048139063967.8745.970.980.450.53
CanadaTSX 93613965.5963.930.750.230.52
Hong KongHKEX 104734370.1958.900.730.220.51
JordanASE 3081626052.6037.042.481.980.50
JapanTOKYO 77573574.0361.400.680.190.49
SwitzerlandSIX 72542775.0050.000.610.130.48
PakistanKSE 69482769.5756.250.770.310.46
FOREXFOREX 1341076179.8557.010.750.310.44
DenmarkCOPENHAGEN 74583478.3858.620.600.170.43
IsraelTASE 114774467.5457.140.660.230.43
TaiwanGTSM 71522373.2444.230.750.330.42
SingaporeSGX 81653180.2547.690.650.250.40
BangladeshDSE 66502675.7652.000.580.200.38
SwedenSTOCKHOLM 105823878.1046.340.570.230.34
USFOREX 156974862.1849.480.530.190.34
USWARRANTS 3218956.2550.002.672.330.33
Greece ATHENS 47291761.7058.620.480.210.28
SpainIBEX 46311867.3958.060.420.230.19
Austria WIENERBORSE 42271564.2955.560.300.220.07
NetherlandsAMSTERDAM 44301568.1850.000.270.230.03
ItalyBORSA 45301566.6750.000.270.230.03
GermanyXETRA 44301568.1850.000.270.230.03
FrancePARIS 45301566.6750.000.270.230.03
BelgiumBRUSSELS 44301568.1850.000.270.230.03
PortugalLISBON 46311767.3954.840.260.29-0.03
UKLSE 86594468.6074.581.271.85-0.58
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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