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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 44129318366.4462.469.884.155.73
USOTCBB 106460.0066.676.831.335.50
CanadaTSX-V 1428101256570.8755.835.943.052.89
JapanSAPPORO 1310776.9270.004.101.402.70
IndiaNSE 136887665430156.0656.053.871.242.63
South KoreaKOSDAQ 73114603259763.0056.383.901.302.60
PakistanKSE 2620137576852.4855.854.011.452.55
USOTC PINK 133558821433366.1749.035.342.832.51
Poland GPW 2248149184366.3356.543.761.292.47
IndiaBSE 1894710494578955.4055.153.961.512.45
EgyptEGX 154989047657.4653.483.941.542.39
IndonesiaIDX 148596053164.6555.313.731.352.38
Vietnam HNX 44226014658.8256.153.731.412.32
Hong KongHKEX 77384827248162.3851.403.421.382.04
SwedenSTOCKHOLM 43122699139862.6651.743.391.362.03
BangladeshDSE 1652105159663.6256.713.221.271.95
UAEUAE 2591669264.0955.422.920.981.94
USNASDAQ 2331514723743763.2050.473.191.271.92
ChinaSZSE 124957680403761.4652.573.181.271.91
TurkeyBIST 35592058104557.8350.783.411.521.89
JordanASE 193975250.2653.613.391.521.88
ArgentinaBUE 85247925156.2252.403.511.701.81
Vietnam HOSE 2253121863054.0651.723.191.391.80
USWARRANTS 102602458.8240.007.475.731.73
MalaysiaBURSA 32202054104463.7950.833.171.451.71
Greece ATHENS 51133716565.9548.963.051.381.67
ChinaSSE 89795609288562.4751.442.671.041.63
KuwaitKSE 51232015762.5049.062.791.201.59
ChileBCS 1541006464.9464.002.340.751.59
OmanMSM 118693460.1747.892.901.321.58
PortugalLISBON 2131366463.8547.062.330.761.57
TaiwanGTSM 46642633138556.4352.622.591.041.55
QatarQE 2641648762.1253.052.300.761.55
IsraelTASE 35441990101356.2650.802.661.131.53
DenmarkCOPENHAGEN 84051424761.1948.052.611.081.53
PhilippinesPSE 96064134166.7753.202.681.171.50
The World 36378422159910949460.9449.392.631.131.50
South KoreaKRX 78964579232257.9950.712.400.931.47
NorwayOSE 124878039562.5050.643.021.551.47
SpainIBEX 107168834564.2450.152.420.951.47
ThailandSET 35032092101559.7248.522.631.221.40
Saudi ArabiaTADAWUL 1693103654961.1952.992.320.931.39
JapanTOKYO 2829916853837259.5549.682.501.131.37
USAMEX 44202618114059.3743.452.340.991.35
TaiwanTWSE 69803992200257.1950.152.190.871.32
BrazilBOVESPA 3121196489163.0645.272.431.181.25
MexicoBMV 1600103551464.6949.662.261.061.20
UKLSE 161459531441359.0446.302.070.901.16
CanadaTSX 115877041322660.8145.782.140.981.16
ChileBCS 66473171.2165.961.320.171.15
Austria WIENERBORSE 3091778357.2846.892.321.211.10
USNYSE 36111219441004560.8045.751.920.881.05
BelgiumBRUSSELS 74147622564.2447.271.840.821.03
AustraliaASX 65384027181761.6945.052.641.650.99
IsraelTASE 54412775.9365.851.050.100.95
JapanFUKUOKA 66441866.6740.912.431.500.93
SingaporeSGX 50321764.0053.131.090.190.91
RussiaMICEX 149395045264.0347.281.911.030.89
FrancePARIS 70394288199960.9246.621.780.930.85
SwitzerlandSIX 61442872.1363.641.090.250.84
UAEUAE 69503772.4674.000.980.140.84
JapanNAGOYA 2461626665.8540.741.981.140.84
UKLSE 79523465.8265.381.080.250.83
ItalyBORSA 92645742252461.9843.961.670.890.77
MexicoBMV 78543369.2361.111.020.260.76
RussiaMICEX 66482372.7347.921.310.580.73
GermanyXETRA 132888119357861.1044.071.550.830.72
Hong KongHKEX 42281966.6767.860.860.140.71
BrazilBOVESPA 79412251.9053.661.100.390.71
FOREXFOREX 89613668.5459.021.020.340.67
ArgentinaBUE 70472867.1459.571.110.450.66
IndiaNSE 66472871.2159.570.890.260.64
GermanyXETRA 58442675.8659.090.860.230.64
BelgiumBRUSSELS 59442674.5859.090.860.230.64
NetherlandsAMSTERDAM 59442674.5859.090.860.230.64
Poland GPW 81603174.0751.670.870.230.63
TaiwanGTSM 59493083.0561.220.860.220.63
JapanTOKYO 57382466.6763.160.920.290.63
PortugalLISBON 58442675.8659.090.840.230.61
Vietnam HOSE 89633570.7955.560.780.190.59
SingaporeSGX 121875731162.1541.081.921.340.58
FrancePARIS 59452676.2757.780.840.290.56
SpainIBEX 62452672.5857.780.800.240.56
ItalyBORSA 59452676.2757.780.840.290.56
TurkeyBIST 78532567.9547.170.940.430.51
DenmarkCOPENHAGEN 77573474.0359.650.720.210.51
NorwayOSE 64472773.4457.450.850.360.49
SwitzerlandSIX 43512675112061.7341.701.240.760.48
Greece ATHENS 57442577.1956.820.770.300.48
Austria WIENERBORSE 57442577.1956.820.770.300.48
PhilippinesPSE 79512964.5656.860.590.140.45
USFOREX 83523462.6565.380.710.270.44
NetherlandsAMSTERDAM 2595155665759.9642.221.250.820.43
South KoreaKOSDAQ 42311773.8154.840.810.390.42
PakistanKSE 79573172.1554.390.680.280.40
MalaysiaBURSA 86603169.7751.670.600.250.35
ChinaSSE 67472370.1548.940.600.280.32
USPREFERRED 2796180969764.7038.530.840.540.30
IndonesiaIDX 49331967.3557.580.580.300.27
AustraliaASX 79633479.7553.970.510.250.25
BangladeshDSE 53442583.0256.820.430.180.25
CanadaTSX 47372178.7256.760.570.320.24
SwedenSTOCKHOLM 94612764.8944.260.460.260.20
ThailandSET 77542770.1350.000.370.240.13
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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