BEARISH 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 selling decisions.
BEARISH DOJI STAR
Definition
This pattern appears in an uptrend and warns that the trend will change. It consists of a white candlestick and a Doji with a gap up at the opening. If the Doji is in the form of an Umbrella the pattern is called “Bearish Dragonfly Doji”. In case of an Inverted Umbrella it is called “Bearish Gravestone Doji”. Here, all these patterns are subsumed under the name: “Bearish Doji Star”, regardless of the shape of the Doji.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. On the first day a white candlestick is observed.
3. Then, we see a Doji on the second day that gaps up.
Pattern Requirements and Flexibility
The Bearish Doji Star should start with a normal or long white candlestick. It must continue with a Doji gapping up.
Trader’s Behavior
The market is in an uptrend and a strong white candlestick further confirms it. The next day opens higher with a gap up, and the trading is in a small range. The day closes at the opening price, leading to the formation of a Doji. Bulls were in control during the uptrend 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 upward energy is dissipating. Things are not favorable for the continuation of a bull market.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint of the gap between the Doji and the previous candlestick. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 91664272.5363.648.912.945.97
USOTCBB 106460.0066.676.831.335.50
USWARRANTS 69422860.8766.675.050.904.14
USOTC PINK 62954199226166.7053.855.491.813.68
Saudi ArabiaTADAWUL 97958738959.9666.273.830.573.26
South KoreaKOSDAQ 42862831180866.0563.864.090.943.14
IndiaBSE 117906948430858.9362.004.301.193.11
IndiaNSE 77584788302761.7263.224.020.923.10
ChinaSZSE 55183529205363.9558.184.091.053.04
PakistanKSE 172889257851.6264.803.971.022.95
ChileBCS 27171262.9670.593.410.472.94
Hong KongHKEX 46442887160962.1755.734.041.142.90
ChinaSSE 39622551151564.3959.393.670.882.79
Poland GPW 145095860566.0763.153.530.792.74
JapanSAPPORO 1310776.9270.004.101.402.70
PhilippinesPSE 53335623066.7964.613.290.672.62
ArgentinaBUE 33720813661.7265.383.550.972.59
USNASDAQ 123278019466565.1358.103.300.792.52
Vietnam HNX 33721411763.5054.673.951.452.50
OmanMSM 61392063.9351.283.721.282.44
EgyptEGX 102955631154.0355.943.791.352.44
UAEUAE 1611036263.9860.193.290.872.42
CanadaTSX-V 67346924969.6953.095.062.702.36
TaiwanGTSM 2288132879158.0459.563.170.832.34
IndonesiaIDX 80852029264.3656.153.501.162.34
KuwaitKSE 2581467856.5953.423.491.162.33
SwedenSTOCKHOLM 2087132477763.5858.553.280.962.31
NorwayOSE 68045126166.3257.873.511.242.27
TurkeyBIST 1633103661163.4458.983.090.852.25
BangladeshDSE 94261937765.7160.903.130.912.22
IsraelTASE 146986851259.0958.992.940.822.12
PortugalLISBON 1591116469.8157.662.720.632.09
The World 1849911156546500562.5456.192.860.842.02
USAMEX 1774115561165.3952.672.820.822.00
QatarQE 145976366.9064.952.590.611.98
BrazilBOVESPA 127078643261.8954.962.860.891.97
South KoreaKRX 43332673149961.6956.082.640.711.93
AustraliaASX 3001184298161.3853.263.071.191.88
Vietnam HOSE 112564435457.2454.973.181.351.83
BelgiumBRUSSELS 54235920966.2458.222.220.411.81
SingaporeSGX 79649224561.8149.802.730.961.77
JordanASE 177974854.8049.482.811.081.73
CanadaTSX 59753836207464.3853.912.290.661.63
TaiwanTWSE 32341935108759.8356.182.310.691.62
MalaysiaBURSA 1612103654364.2752.412.671.061.61
ItalyBORSA 45152946160865.2554.582.230.651.58
JapanTOKYO 154228944479158.0153.552.430.871.57
SpainIBEX 64841524164.0458.072.140.741.40
UKLSE 88915322283359.8653.232.100.701.39
ThailandSET 1693104851761.9049.332.371.001.38
RussiaMICEX 68045925067.5054.472.200.831.37
ChileBCS 42302071.4366.671.570.201.37
IsraelTASE 28201771.4385.001.350.001.35
USNYSE 1960012458668663.6053.631.950.601.35
FrancePARIS 41542580140362.1154.381.980.641.34
Greece ATHENS 2821749461.7054.022.621.301.32
SingaporeSGX 2413654.1746.151.380.081.31
NetherlandsAMSTERDAM 142890349563.2454.821.860.601.26
Austria WIENERBORSE 2131327761.9758.331.820.581.24
MexicoBMV 85454528463.8252.111.950.761.19
DenmarkCOPENHAGEN 48630516962.7655.411.990.811.18
IndiaNSE 31231374.1956.521.350.171.17
GermanyXETRA 63814185222065.5953.051.800.641.16
FOREXFOREX 54342262.9664.711.380.241.15
TaiwanGTSM 29251886.2172.001.200.121.08
RussiaMICEX 32271584.3855.561.590.521.07
UKLSE 36211458.3366.671.240.191.05
UAEUAE 48332468.7572.731.180.181.00
SwitzerlandSIX 2719970.3747.371.370.371.00
Vietnam HOSE 53372269.8159.461.050.140.92
JapanNAGOYA 149863457.7239.531.590.710.88
GermanyXETRA 32261681.2561.541.080.270.81
BelgiumBRUSSELS 32261681.2561.541.080.270.81
NetherlandsAMSTERDAM 32261681.2561.541.080.270.81
ArgentinaBUE 39291874.3662.071.240.450.79
SpainIBEX 34261676.4761.541.000.270.73
Hong KongHKEX 26181269.2366.670.940.220.72
Poland GPW 46331871.7454.551.030.330.70
SwitzerlandSIX 2131134863263.3546.811.270.570.69
ChinaSSE 33261678.7961.540.810.120.69
MexicoBMV 50321764.0053.130.970.280.69
PortugalLISBON 32251578.1360.000.960.280.68
USFOREX 41281868.2964.290.960.290.68
FrancePARIS 33271681.8259.261.040.370.67
ItalyBORSA 33271681.8259.261.040.370.67
PhilippinesPSE 45261657.7861.540.810.150.65
South KoreaKOSDAQ 1811761.1163.641.090.450.64
BrazilBOVESPA 35221362.8659.091.000.360.64
PakistanKSE 43321974.4259.380.880.250.63
IndonesiaIDX 2417970.8352.940.710.120.59
JapanTOKYO 35241468.5758.330.960.380.58
USPREFERRED 1588105150066.1847.570.860.300.56
Greece ATHENS 32261581.2557.690.920.380.54
Austria WIENERBORSE 32261581.2557.690.920.380.54
MalaysiaBURSA 45291764.4458.620.720.210.52
SwedenSTOCKHOLM 55321558.1846.880.630.160.47
AustraliaASX 46372180.4356.760.680.220.46
CanadaTSX 2012760.0058.330.830.420.42
BangladeshDSE 28251589.2960.000.520.160.36
NorwayOSE 31261683.8761.540.810.460.35
TurkeyBIST 28201071.4350.000.600.300.30
DenmarkCOPENHAGEN 35251671.4364.000.600.320.28
JapanFUKUOKA 63382260.3257.891.531.290.24
ThailandSET 45342075.5658.820.380.240.15
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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