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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USOTCBB 106460.0066.676.831.335.50
JapanSAPPORO 1310776.9270.004.101.402.70
RussiaMICEX 85643575.2954.692.390.481.91
OmanMSM 118693460.1747.892.901.321.58
UKLSE 98684269.3961.761.310.261.04
ChileBCS 84593770.2462.711.240.201.03
SwitzerlandSIX 69493271.0165.311.200.220.98
JapanFUKUOKA 745355.417.320.920.010.91
IsraelTASE 80593673.7561.021.000.100.90
Hong KongHKEX 61453273.7771.111.020.130.89
JapanTOKYO 90563562.2262.501.160.290.88
UAEUAE 103714968.9369.010.940.200.75
MexicoBMV 101683867.3355.880.970.290.68
SingaporeSGX 66452568.1855.560.890.220.67
BrazilBOVESPA 101612960.4047.541.080.430.66
Poland GPW 112814472.3254.320.890.250.64
PakistanKSE 107764271.0355.260.920.300.62
TaiwanGTSM 92714177.1757.750.820.230.59
NorwayOSE 92653770.6556.920.920.340.58
FOREXFOREX 118824669.4956.101.270.700.57
IndiaNSE 88583565.9160.340.810.240.57
PortugalLISBON 78613978.2163.930.750.200.56
Vietnam HOSE 103754172.8254.670.750.200.55
USFOREX 112724764.2965.280.740.210.53
GermanyXETRA 76603878.9563.330.720.200.52
BelgiumBRUSSELS 77603877.9263.330.720.200.52
NetherlandsAMSTERDAM 77603877.9263.330.720.200.52
PhilippinesPSE 102673765.6955.220.640.150.49
ChinaSSE 93673472.0450.750.760.270.49
ItalyBORSA 77613879.2262.300.700.250.46
FrancePARIS 77613879.2262.300.700.250.46
SpainIBEX 80603775.0061.670.670.220.45
South KoreaKOSDAQ 59432672.8860.470.740.300.44
ArgentinaBUE 111743766.6750.000.820.410.42
Greece ATHENS 73573578.0861.400.670.260.40
Austria WIENERBORSE 73573578.0861.400.670.260.40
IndonesiaIDX 64472773.4457.450.640.260.38
MalaysiaBURSA 107733868.2252.050.590.220.37
AustraliaASX 99784278.7953.850.590.230.36
DenmarkCOPENHAGEN 111824573.8754.880.570.220.35
TurkeyBIST 101703369.3147.141.090.740.34
CanadaTSX 62492479.0348.980.650.370.29
BangladeshDSE 73603282.1953.330.480.220.27
ThailandSET 98713672.4550.700.480.240.24
SwedenSTOCKHOLM 129804062.0250.000.460.290.18
PortugalLISBON 2213360.632.240.090.000.09
USWARRANTS 3821168.060.380.070.000.07
EgyptEGX 15995457.100.440.050.000.05
The World 4015235719324460.621.330.050.010.03
RussiaMICEX 15323264.030.200.020.000.02
NorwayOSE 15453364.400.300.020.000.02
USAMEX 53292260.350.060.010.000.01
MalaysiaBURSA 35301163.000.040.010.000.01
USOTC PINK 145712267.590.020.010.000.01
DenmarkCOPENHAGEN 9022165.410.170.010.000.00
TaiwanGTSM 53086456.420.130.000.000.00
IndiaBSE 2321513951.230.080.000.000.00
Vietnam HOSE 26113251.700.150.000.000.00
FrancePARIS 700710660.840.140.000.000.00
SwedenSTOCKHOLM 46814162.980.030.010.000.00
USPREFERRED 27808265.430.110.000.000.00
ChinaSSE 102965461.450.060.000.000.00
TaiwanTWSE 78033256.560.050.000.000.00
USNASDAQ 245264164.200.010.000.000.00
IndiaNSE 161046353.220.040.000.000.00
Poland GPW 24905267.510.120.000.000.00
JapanTOKYO 283652259.860.010.000.000.00
IsraelTASE 48342157.030.040.000.000.00
Vietnam HNX 6950053.090.000.000.000.00
TurkeyBIST 42520055.060.000.000.000.00
SingaporeSGX 12920061.760.000.000.000.00
UKLSE 178630059.590.000.000.000.00
Austria WIENERBORSE 5440057.720.000.000.000.00
ArgentinaBUE 15280056.480.000.000.000.00
CanadaCSE 5810069.710.000.000.000.00
CanadaTSX-V 18400070.430.000.000.000.00
BrazilBOVESPA 44250064.070.000.000.000.00
BelgiumBRUSSELS 6900064.200.000.000.000.00
GermanyXETRA 157010060.580.000.000.000.00
SpainIBEX 9970062.090.000.000.000.00
Greece ATHENS 6070067.050.000.000.000.00
ChileBCS 2820056.740.000.000.000.00
SwitzerlandSIX 51830060.700.000.000.000.00
ChinaSZSE 137740059.360.000.000.000.00
Saudi ArabiaTADAWUL 16370059.990.000.000.000.00
MexicoBMV 20010065.770.000.000.000.00
JordanASE 2020047.030.000.000.000.00
South KoreaKOSDAQ 78470062.290.000.000.000.00
South KoreaKRX 90340058.550.000.000.000.00
CanadaTSX 123994059.410.000.000.000.00
USNYSE 368733060.980.000.000.000.00
ItalyBORSA 105151061.510.000.000.000.00
PakistanKSE 25881057.190.000.000.000.00
NetherlandsAMSTERDAM 27986262.120.120.000.000.00
AustraliaASX 74495161.930.020.000.000.00
Hong KongHKEX 78724162.970.020.000.000.00
JapanNAGOYA 2482166.530.610.000.000.00
ThailandSET 39945260.320.080.000.010.00
UAEUAE 2902161.030.560.000.010.00
BangladeshDSE 19344261.690.170.010.020.00
QatarQE 2851058.600.000.000.01-0.01
IndonesiaIDX 18921064.320.000.000.01-0.01
KuwaitKSE 6485165.120.240.000.01-0.01
PhilippinesPSE 10291065.310.000.000.01-0.01
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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