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 1821178665.3872.2710.622.478.15
USOTCBB 106460.0066.676.831.335.50
PakistanKSE 172089151751.8058.024.161.282.89
KuwaitKSE 2901689957.9358.933.861.032.83
JapanSAPPORO 1310776.9270.004.101.402.70
Poland GPW 134589751366.8457.063.521.002.52
Vietnam HNX 32720611863.0057.283.881.412.47
South KoreaKOSDAQ 42412841162367.0457.093.601.182.42
IndiaNSE 81645039281961.7855.893.571.182.39
IndonesiaIDX 85656132365.5457.583.591.212.38
USOTC PINK 73964930238466.7948.264.922.552.37
IndiaBSE 117846964387059.1155.563.791.422.36
ChileBCS 36241566.6762.502.830.502.33
EgyptEGX 94556430759.6854.433.731.402.33
ArgentinaBUE 39022513458.2159.033.381.102.28
CanadaTSX-V 86561433670.9854.725.252.982.27
USAMEX 119377640565.0552.193.531.352.18
UAEUAE 1531045567.9752.882.820.772.05
SwedenSTOCKHOLM 2499158481363.3951.333.171.152.01
TurkeyBIST 1766113161964.0454.733.041.042.00
QatarQE 1581035865.1956.312.620.741.88
Hong KongHKEX 47062934148462.3750.563.161.291.87
USWARRANTS 2213859.0961.542.921.081.85
MalaysiaBURSA 1706110656664.8351.182.981.201.77
USNASDAQ 140738980450963.8750.172.871.131.73
PhilippinesPSE 55838321368.6455.612.691.001.69
IsraelTASE 1695100252859.1252.692.751.061.69
Saudi ArabiaTADAWUL 101864135562.9755.382.540.901.65
Vietnam HOSE 124773038458.5452.603.181.541.63
ChinaSZSE 67434303215963.8150.172.851.301.56
JordanASE 145763552.4146.053.001.451.55
BangladeshDSE 106368037263.9754.712.811.281.52
TaiwanGTSM 2495148577959.5252.462.541.051.49
The World 2039591273966301062.4849.452.471.071.39
PortugalLISBON 146964565.7546.882.200.841.35
ChileBCS 47322268.0968.751.500.191.31
ChinaSSE 48383120151664.4948.592.351.091.26
UKLSE 48281958.3367.861.390.181.21
South KoreaKRX 49302973150160.3050.492.090.881.21
SingaporeSGX 2916855.1750.001.310.131.19
JapanTOKYO 1739610330502559.3848.642.271.101.17
ThailandSET 1789111053562.0548.202.231.071.16
IsraelTASE 39282171.7975.001.140.041.11
BelgiumBRUSSELS 50532315363.9647.371.760.661.10
BrazilBOVESPA 149293643362.7346.262.271.201.07
TaiwanTWSE 36762259111661.4549.401.930.871.07
NorwayOSE 72245323762.7452.322.961.901.06
RussiaMICEX 40331882.5054.551.580.521.06
Greece ATHENS 3051989364.9246.972.471.411.06
SpainIBEX 67945121666.4247.892.020.961.05
DenmarkCOPENHAGEN 50132615665.0747.852.061.021.04
SwitzerlandSIX 37261570.2757.691.270.310.96
UAEUAE 54372868.5275.681.110.160.95
AustraliaASX 35802241102562.6045.742.421.480.94
IndiaNSE 45311968.8961.291.130.190.94
JapanNAGOYA 1611064265.8439.621.920.990.93
USNYSE 2270014195654162.5346.081.740.810.93
FOREXFOREX 63412565.0860.981.170.240.93
UKLSE 98225913268860.2045.461.820.900.92
FrancePARIS 43272698126162.3546.741.740.830.91
CanadaTSX 65264162193163.7846.401.760.870.90
Vietnam HOSE 58412670.6963.411.000.120.88
TaiwanGTSM 39322382.0571.881.000.130.88
ItalyBORSA 53283369154663.2345.891.720.860.85
RussiaMICEX 75550224066.7547.621.861.030.83
MexicoBMV 57372164.9156.761.080.300.78
ArgentinaBUE 43321974.4259.381.190.440.75
MexicoBMV 91058427164.1846.401.751.060.69
GermanyXETRA 43342179.0761.760.940.260.68
BelgiumBRUSSELS 43342179.0761.760.940.260.68
NetherlandsAMSTERDAM 43342179.0761.760.940.260.68
GermanyXETRA 74344749209863.9144.161.420.760.66
PortugalLISBON 44342177.2761.760.910.260.65
JapanTOKYO 41281768.2960.711.000.360.64
Poland GPW 53361967.9252.780.970.330.64
Hong KongHKEX 32221568.7568.180.820.180.64
SpainIBEX 46342173.9161.760.880.260.62
DenmarkCOPENHAGEN 55382569.0965.790.840.240.61
SingaporeSGX 72244618261.7740.811.801.210.59
ItalyBORSA 44352179.5560.000.910.340.57
FrancePARIS 44352179.5560.000.910.340.57
BrazilBOVESPA 50251550.0060.000.920.360.56
OmanMSM 64371657.8143.242.221.680.54
PhilippinesPSE 61392463.9361.540.690.150.54
Austria WIENERBORSE 2291345958.5244.031.350.810.54
USFOREX 53342164.1561.760.820.290.53
ChinaSSE 40311777.5054.840.680.160.52
MalaysiaBURSA 58422372.4154.760.690.190.50
NorwayOSE 42332078.5760.610.880.390.48
Austria WIENERBORSE 43342079.0758.820.820.350.47
Greece ATHENS 43342079.0758.820.820.350.47
SwitzerlandSIX 2486156864963.0741.391.130.720.41
PakistanKSE 55412274.5553.660.680.290.39
IndonesiaIDX 36261472.2253.850.580.190.38
South KoreaKOSDAQ 29211272.4157.140.810.430.38
AustraliaASX 54462585.1954.350.610.240.37
NetherlandsAMSTERDAM 1613101043062.6242.571.170.810.36
SwedenSTOCKHOLM 68401758.8242.500.530.230.30
BangladeshDSE 37321986.4959.380.500.220.28
CanadaTSX 35241468.5758.330.630.380.25
TurkeyBIST 45321571.1146.880.690.470.22
USPREFERRED 1620106742065.8639.360.630.480.15
ThailandSET 48372077.0854.050.350.240.11
JapanFUKUOKA 57341359.6538.240.292.12-1.82
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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