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 1651148270.3070.6910.762.668.09
USOTCBB 106460.0066.676.831.335.50
IndiaNSE 97506001338961.6256.413.871.172.70
JapanSAPPORO 1310776.9270.004.101.402.70
Vietnam HNX 41025715262.6859.143.961.302.67
South KoreaKOSDAQ 51663464200167.1557.683.921.252.66
USOTC PINK 81635505274667.7749.645.012.412.60
Poland GPW 1696113165566.6957.913.570.982.59
Hong KongHKEX 57443639190763.3552.403.901.322.58
PakistanKSE 2114112564253.2257.073.861.312.55
ArgentinaBUE 43126716661.9562.173.701.182.52
IndiaBSE 145118547469458.9254.904.031.522.51
USWARRANTS 3418952.9450.003.501.002.50
CanadaTSX-V 89264735772.6555.095.392.892.49
Saudi ArabiaTADAWUL 122974543860.6258.793.270.792.48
EgyptEGX 119167335556.5152.753.821.442.38
IndonesiaIDX 101165636464.8955.493.501.172.34
TurkeyBIST 2042128671462.9855.523.290.992.30
ChinaSZSE 77805055258164.9751.063.691.442.24
KuwaitKSE 33719711458.4657.873.431.202.23
USAMEX 138892948466.9352.103.481.352.13
PhilippinesPSE 65743825666.6758.453.050.932.12
SwedenSTOCKHOLM 2745176092064.1252.273.211.132.08
OmanMSM 69422060.8747.623.451.382.07
ChileBCS 33221366.6759.092.730.682.05
NorwayOSE 85055129765.0653.713.271.291.98
TaiwanGTSM 2997176396258.8354.572.991.011.98
USNASDAQ 1553910192525465.6551.503.031.081.95
ChinaSSE 53993535179265.4850.693.151.211.95
MalaysiaBURSA 1996129567364.8851.973.141.201.93
BangladeshDSE 122881245966.1256.533.011.181.83
UAEUAE 1911286967.0253.912.831.001.83
PortugalLISBON 1951346868.7250.752.570.831.75
IsraelTASE 1876113761060.7753.512.701.021.68
The World 2319771471067542363.4551.242.711.051.66
Vietnam HOSE 144485043658.8651.293.091.511.58
QatarQE 1881247165.9657.262.300.761.54
SingaporeSGX 93158128162.4148.362.571.121.46
South KoreaKRX 56023443177861.4651.642.380.931.45
JapanTOKYO 1957111603592259.3151.022.451.011.43
JordanASE 2051074952.2045.792.791.361.43
TaiwanTWSE 42292575133760.8951.922.260.841.42
BelgiumBRUSSELS 59939519465.9449.111.970.611.36
AustraliaASX 38472411115562.6747.912.781.421.36
SpainIBEX 80252126864.9651.442.290.941.35
BrazilBOVESPA 1646104549563.4947.372.481.171.32
ChileBCS 47322268.0968.751.500.191.31
ThailandSET 2087129863162.1948.612.391.081.31
CanadaTSX 73974864242465.7849.822.130.821.31
IsraelTASE 36241966.6779.171.290.001.29
SingaporeSGX 2916855.1750.001.310.061.25
FrancePARIS 50463204158663.5649.451.930.761.18
USNYSE 2476316033785064.7848.931.880.731.15
ItalyBORSA 58823883189866.0148.881.940.831.12
UKLSE 46261756.5265.381.270.191.08
DenmarkCOPENHAGEN 58437018363.3649.462.010.951.06
RussiaMICEX 39331884.6254.551.580.521.06
UKLSE 111986840324961.0847.501.910.861.05
IndiaNSE 43291767.4458.621.170.141.03
FOREXFOREX 59382464.4163.161.210.181.03
Greece ATHENS 34722210463.9846.852.541.550.99
SwitzerlandSIX 36261572.2257.691.270.310.96
UAEUAE 54372868.5275.681.110.160.95
GermanyXETRA 81765456259266.7447.501.700.760.93
RussiaMICEX 84458227769.4347.271.991.090.91
TaiwanGTSM 38312281.5870.971.030.130.90
Vietnam HOSE 57402570.1862.501.030.130.90
Austria WIENERBORSE 2651708464.1549.411.630.760.87
NetherlandsAMSTERDAM 1829117756564.3548.001.530.750.78
MexicoBMV 108270432665.0646.311.771.010.77
JapanNAGOYA 1771084361.0239.811.580.820.76
ArgentinaBUE 42321976.1959.381.190.440.75
NetherlandsAMSTERDAM 41332180.4963.640.970.240.73
GermanyXETRA 41332180.4963.640.970.240.73
BelgiumBRUSSELS 41332180.4963.640.970.240.73
JapanTOKYO 39271769.2362.961.040.330.70
PortugalLISBON 42332178.5763.640.940.240.70
MexicoBMV 54352064.8157.141.000.310.69
Poland GPW 51351968.6354.291.000.310.69
SpainIBEX 44332175.0063.640.910.240.67
PhilippinesPSE 57352361.4065.710.800.140.66
Hong KongHKEX 32221568.7568.180.820.180.64
ItalyBORSA 42342180.9561.760.940.320.62
FrancePARIS 42342180.9561.760.940.320.62
ChinaSSE 39301876.9260.000.700.100.60
USFOREX 50322064.0062.500.880.280.59
BrazilBOVESPA 49251551.0260.000.920.360.56
SwitzerlandSIX 2725176677664.8143.941.250.720.54
Greece ATHENS 41332080.4960.610.850.330.52
Austria WIENERBORSE 41332080.4960.610.850.330.52
DenmarkCOPENHAGEN 53372469.8164.860.760.240.51
PakistanKSE 54382170.3755.260.740.260.47
MalaysiaBURSA 56392269.6456.410.640.180.46
USPREFERRED 1896127052766.9841.500.830.400.42
IndonesiaIDX 36261472.2253.850.580.150.42
South KoreaKOSDAQ 27191170.3757.890.840.420.42
AustraliaASX 53462686.7956.520.610.220.39
SwedenSTOCKHOLM 62361658.0644.440.560.170.39
CanadaTSX 32211365.6361.900.710.330.38
NorwayOSE 37291778.3858.620.760.410.34
BangladeshDSE 35311988.5761.290.520.190.32
TurkeyBIST 39301576.9250.000.730.470.27
ThailandSET 46362078.2655.560.360.220.14
JapanFUKUOKA 67421662.6938.100.981.79-0.81
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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