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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 25417812372.4466.8510.822.957.87
USOTCBB 106460.0066.676.831.335.50
USWARRANTS 157446.6757.144.431.433.00
CanadaTSX-V 114083146372.9855.655.692.762.93
USOTC PINK 125178326422567.0950.315.052.292.76
JapanSAPPORO 1310776.9270.004.101.402.70
PakistanKSE 2975157389252.8756.714.001.302.69
IndiaNSE 141888616484160.7856.133.821.282.54
South KoreaKOSDAQ 73084792272965.6056.933.741.202.54
ChileBCS 46342373.9167.653.060.562.50
IndiaBSE 2132712367678557.9954.864.001.572.43
ArgentinaBUE 58033419857.5959.283.611.192.42
Vietnam HNX 54731817158.1453.773.861.442.42
Poland GPW 2374158590566.7657.103.471.072.40
EgyptEGX 167997952758.3153.833.721.342.38
Hong KongHKEX 83205208273762.6152.543.701.342.35
IndonesiaIDX 1602104657865.2955.263.491.182.31
Saudi ArabiaTADAWUL 1686100358059.4957.832.820.782.04
QatarQE 30018610662.0056.992.680.652.04
PortugalLISBON 2671778966.2950.282.880.842.03
BangladeshDSE 1804115165763.8057.083.181.152.03
KuwaitKSE 50429215357.9452.403.171.211.96
SwedenSTOCKHOLM 40872580133463.1351.713.101.191.91
IsraelTASE 2696162188360.1354.472.890.981.90
ChinaSZSE 124807628386861.1250.713.221.331.89
MalaysiaBURSA 31171968100763.1451.173.081.191.89
NorwayOSE 119075340063.2853.123.161.291.87
USNASDAQ 2269614588742364.3150.862.941.081.86
PhilippinesPSE 101367136866.2454.842.830.981.85
UAEUAE 2711728963.4751.742.861.041.82
JordanASE 2941548152.3852.603.111.311.80
TurkeyBIST 31661937100061.1851.632.841.101.74
TaiwanGTSM 45902689146558.5854.482.720.991.72
OmanMSM 151914860.2652.753.081.371.70
ChinaSSE 86275322270361.6950.792.741.081.65
Vietnam HOSE 2004120462660.0851.993.031.401.63
The World 34496721322910770861.8450.492.601.091.51
USAMEX 35512246104663.2546.572.390.961.44
BrazilBOVESPA 2473156674963.3247.832.411.021.39
South KoreaKRX 83975028262759.8852.252.290.901.39
SpainIBEX 119977740764.8052.382.310.931.39
ThailandSET 3337206699761.9148.262.481.101.38
TaiwanTWSE 66904008202959.9150.622.160.831.33
Greece ATHENS 49832615365.4646.932.881.581.30
BelgiumBRUSSELS 87959228567.3548.141.890.621.28
JapanTOKYO 3009217661870958.6949.312.331.071.26
DenmarkCOPENHAGEN 86956027464.4448.932.291.041.24
CanadaTSX 111477038345763.1449.122.000.771.23
AustraliaASX 57683545168561.4647.532.551.321.23
ChileBCS 56402571.4362.501.300.201.10
USNYSE 36729227481095161.9348.141.790.731.06
RussiaMICEX 124285039968.4446.942.151.111.04
RussiaMICEX 43341879.0752.941.530.501.03
UKLSE 61372460.6664.861.240.221.03
SingaporeSGX 140186137661.4643.672.111.130.97
IsraelTASE 44332375.0069.701.030.060.97
SwitzerlandSIX 48352172.9260.001.230.290.94
FrancePARIS 72574494218561.9348.621.770.830.94
MexicoBMV 1553100747864.8447.471.870.950.92
SingaporeSGX 38231260.5352.171.130.260.87
ItalyBORSA 86495460247863.1345.381.650.790.86
UAEUAE 60423170.0073.810.980.140.83
JapanNAGOYA 2311546366.6740.911.680.850.82
FOREXFOREX 75503066.6760.001.080.280.80
MexicoBMV 59382264.4157.891.080.290.79
Austria WIENERBORSE 49129614460.2948.651.590.810.78
GermanyXETRA 121717781353563.9345.431.520.750.77
TaiwanGTSM 48402583.3362.500.980.230.75
Vietnam HOSE 74503067.5760.000.880.160.72
NetherlandsAMSTERDAM 2616163374362.4245.501.420.730.69
JapanTOKYO 47312065.9664.521.000.320.68
IndiaNSE 52372171.1556.760.950.300.65
BelgiumBRUSSELS 48362175.0058.330.890.250.64
GermanyXETRA 47362176.6058.330.890.250.64
NetherlandsAMSTERDAM 48362175.0058.330.890.250.64
Hong KongHKEX 37241664.8666.670.790.170.63
PortugalLISBON 48362175.0058.330.860.250.61
SwitzerlandSIX 42352607115361.5644.231.230.640.59
DenmarkCOPENHAGEN 64463071.8865.220.780.200.59
SpainIBEX 50362172.0058.330.830.250.58
Poland GPW 64462571.8854.350.850.280.57
ArgentinaBUE 51382274.5157.891.000.450.55
ItalyBORSA 48372177.0856.760.860.320.54
FrancePARIS 48372177.0856.760.860.320.54
PhilippinesPSE 68422661.7661.900.640.140.50
MalaysiaBURSA 69512773.9152.940.690.220.47
USFOREX 63392561.9064.100.720.260.46
NorwayOSE 50392378.0058.970.870.410.46
Austria WIENERBORSE 47362076.6055.560.780.330.44
Greece ATHENS 47362076.6055.560.780.330.44
IndonesiaIDX 42301771.4356.670.600.200.40
ChinaSSE 51382174.5155.260.660.260.39
PakistanKSE 60472678.3355.320.660.280.38
TurkeyBIST 59402167.8052.500.800.430.38
BrazilBOVESPA 60311651.6751.610.810.450.35
South KoreaKOSDAQ 33251475.7656.000.720.400.32
AustraliaASX 66522778.7951.920.540.270.27
CanadaTSX 41301873.1760.000.600.330.27
BangladeshDSE 40341985.0055.880.470.210.26
USPREFERRED 2743180071865.6239.890.670.420.25
SwedenSTOCKHOLM 76472061.8442.550.490.300.19
UKLSE 160449621460259.9947.821.861.720.13
ThailandSET 56452380.3651.110.360.220.13
JapanFUKUOKA 87532160.9239.621.131.38-0.25
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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