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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 26518212970.9468.6211.123.048.09
USOTCBB 106460.0066.676.831.335.50
CanadaTSX-V 107978843873.1255.515.912.833.08
IndiaNSE 121257382418160.9656.573.881.172.71
Vietnam HNX 43526516160.9260.754.031.332.70
JapanSAPPORO 1310776.9270.004.101.402.70
ChileBCS 46322169.5765.633.250.562.69
USOTC PINK 112107474375167.3149.715.042.392.65
IndiaBSE 1765810422577759.0255.434.121.502.62
South KoreaKOSDAQ 65994355246166.0656.463.801.232.57
IndonesiaIDX 131785947465.2255.183.751.202.55
ArgentinaBUE 51931218860.1260.263.691.152.54
EgyptEGX 142881644957.1455.023.851.342.51
Poland GPW 1971130474766.1657.293.491.042.45
USWARRANTS 147450.0057.143.861.432.43
PakistanKSE 2558137077053.5656.203.841.412.42
Hong KongHKEX 73734651242263.1052.063.711.362.36
Saudi ArabiaTADAWUL 150991452960.5757.882.930.782.15
UAEUAE 2361548265.2553.253.020.912.11
BangladeshDSE 1599103760364.8558.153.171.181.99
ChinaSZSE 112326993349262.2649.943.401.451.95
TurkeyBIST 2872177593261.8052.513.071.131.94
JordanASE 2151125852.0951.793.131.221.91
USNASDAQ 2052213251670164.6050.543.001.111.89
PhilippinesPSE 85958132367.6455.592.860.991.87
SwedenSTOCKHOLM 37352363121463.2751.383.061.231.83
KuwaitKSE 47028615460.8553.853.021.191.83
OmanMSM 98623163.2750.003.131.321.81
IsraelTASE 2441145678959.6954.152.821.021.80
TaiwanGTSM 39492330126859.0054.422.730.961.77
NorwayOSE 104967434964.2551.783.081.321.76
ChinaSSE 79205040251263.6449.842.921.191.72
MalaysiaBURSA 2563166084164.8550.602.951.251.70
QatarQE 2351478762.5559.182.340.701.64
PortugalLISBON 2251527767.5650.662.400.801.60
Vietnam HOSE 1782105654559.2651.612.981.411.57
The World 3083721924549681662.4550.282.601.051.55
ThailandSET 2790174085362.3749.022.471.021.44
SpainIBEX 102066334765.0052.342.380.941.44
JapanTOKYO 2550715187762859.5450.232.381.031.35
USAMEX 3351209995962.6445.692.310.961.35
South KoreaKRX 75904577232760.3050.842.270.941.33
TaiwanTWSE 57213448171960.2749.852.100.831.27
BelgiumBRUSSELS 73147022864.3048.511.920.681.24
AustraliaASX 52293237149861.9246.262.521.341.19
CanadaTSX 100566352309263.1748.682.020.841.18
DenmarkCOPENHAGEN 76747723562.1949.272.201.061.14
BrazilBOVESPA 2311145665263.0044.782.271.151.11
SingaporeSGX 112769930562.1143.572.251.151.10
ChileBCS 60412668.3363.411.270.201.07
RussiaMICEX 44341877.2752.941.530.501.03
USNYSE 3287520643979662.7947.451.790.771.02
UKLSE 64392660.9466.671.210.211.00
FrancePARIS 65474131201863.1048.851.820.830.99
JapanNAGOYA 2141405665.4240.001.850.860.99
UKLSE 144218699410360.3447.151.820.840.98
IsraelTASE 49362573.4769.441.030.060.97
SwitzerlandSIX 49362173.4758.331.190.310.89
MexicoBMV 137590742365.9646.641.850.960.89
Austria WIENERBORSE 43026513261.6349.811.650.760.89
UAEUAE 61433270.4974.421.020.140.88
SingaporeSGX 40251362.5052.001.120.240.88
ItalyBORSA 78015051233964.7546.311.670.810.86
MexicoBMV 63412465.0858.541.120.270.85
FOREXFOREX 76503065.7960.001.080.280.80
GermanyXETRA 108566990323364.4346.231.550.750.79
RussiaMICEX 114877635967.6046.261.911.130.78
TaiwanGTSM 49412683.6763.410.980.220.76
Vietnam HOSE 76523168.4259.620.880.150.73
NetherlandsAMSTERDAM 2396149167962.2345.541.450.750.70
Greece ATHENS 43628413065.1445.772.291.600.69
JapanTOKYO 49322165.3165.630.970.310.66
IndiaNSE 52372171.1556.760.950.300.65
BelgiumBRUSSELS 49372175.5156.760.860.240.62
GermanyXETRA 48372177.0856.760.860.240.62
NetherlandsAMSTERDAM 49372175.5156.760.860.240.62
Hong KongHKEX 40261765.0065.380.770.150.62
PortugalLISBON 49372175.5156.760.840.240.59
SpainIBEX 51372172.5556.760.810.240.57
ArgentinaBUE 51382274.5157.891.000.450.55
ItalyBORSA 49382177.5555.260.840.320.53
FrancePARIS 49382177.5555.260.840.320.53
PhilippinesPSE 69422660.8761.900.670.140.52
Poland GPW 67492573.1351.020.800.290.51
DenmarkCOPENHAGEN 67493073.1361.220.730.220.51
USFOREX 64402662.5065.000.750.250.50
SwitzerlandSIX 3695230199062.2743.021.150.680.47
MalaysiaBURSA 70522774.2951.920.670.210.46
NorwayOSE 50392378.0058.970.870.410.46
Greece ATHENS 48372077.0854.050.760.320.43
Austria WIENERBORSE 48372077.0854.050.760.320.43
PakistanKSE 65492775.3855.100.670.270.41
IndonesiaIDX 42301771.4356.670.600.200.40
TurkeyBIST 59402167.8052.500.800.430.38
BrazilBOVESPA 62321651.6150.000.780.440.34
ChinaSSE 56412273.2153.660.610.270.34
South KoreaKOSDAQ 35281580.0053.570.710.430.29
BangladeshDSE 42362185.7158.330.470.190.28
USPREFERRED 2511167265366.5939.060.690.420.27
CanadaTSX 41301873.1760.000.600.330.27
AustraliaASX 71572880.2849.120.490.280.21
SwedenSTOCKHOLM 80502062.5040.000.460.300.16
JapanFUKUOKA 82532364.6343.401.471.320.15
ThailandSET 61472577.0553.190.340.210.13
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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