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 121875971.9067.829.942.457.49
USOTCBB 106460.0066.676.831.335.50
USWARRANTS 72412856.9468.295.760.635.12
USOTC PINK 71054745258566.8754.415.471.813.65
IndiaBSE 128137568473959.0762.624.441.153.30
IndiaNSE 84835263337062.0464.034.150.873.28
South KoreaKOSDAQ 46143062198566.4764.724.220.943.27
Saudi ArabiaTADAWUL 110267443961.0765.233.650.563.08
ChinaSZSE 63674083242664.1359.424.121.033.08
PakistanKSE 186598062452.5563.673.941.002.94
ArgentinaBUE 38023615762.1166.533.850.922.93
CanadaTSX-V 76854730271.2255.215.502.582.92
Hong KongHKEX 50673168178162.5256.223.971.112.86
Poland GPW 1534101864666.3663.463.610.792.83
ChinaSSE 44882927176665.2960.273.620.832.78
USAMEX 130686150465.9358.543.710.942.77
ChileBCS 29191465.5273.683.160.422.74
JapanSAPPORO 1310776.9270.004.101.402.70
PhilippinesPSE 58739525867.2965.323.300.692.61
Vietnam HNX 38424414063.5457.383.981.482.50
IndonesiaIDX 88257432565.0856.623.531.112.42
USNASDAQ 137909019524265.4158.123.220.822.40
UAEUAE 1781177265.7361.543.210.802.40
EgyptEGX 111161233555.0954.743.741.372.37
TurkeyBIST 1769111666763.3159.553.190.832.36
SwedenSTOCKHOLM 2343149086363.7657.763.280.942.34
KuwaitKSE 2981719357.3854.393.571.252.32
BangladeshDSE 104269442766.6061.533.170.902.28
TaiwanGTSM 2596150989058.1358.983.120.842.27
NorwayOSE 73947828064.6858.583.411.152.26
OmanMSM 67412061.1948.783.541.292.24
QatarQE 1651127167.8863.392.700.572.13
BrazilBOVESPA 139288450163.5156.672.960.842.12
PortugalLISBON 1761227369.3259.842.690.572.11
IsraelTASE 164099059060.4359.542.920.812.10
The World 2042011282907240062.8556.412.860.832.03
MalaysiaBURSA 1755113159664.4452.703.001.081.92
Vietnam HOSE 122970539457.3655.893.221.321.90
South KoreaKRX 48723000168961.6056.282.560.731.83
AustraliaASX 32962033107361.6852.782.991.191.79
BelgiumBRUSSELS 57638321866.4956.922.160.441.73
SingaporeSGX 85353025962.1348.872.670.971.70
JordanASE 1981065353.5450.002.941.251.70
Greece ATHENS 30819210662.3455.212.801.151.65
CanadaTSX 66344294232864.7354.222.280.661.62
TaiwanTWSE 36392178122359.8556.152.290.711.58
JapanTOKYO 1712210032540458.5953.872.410.861.55
ItalyBORSA 50713283176964.9053.752.120.631.49
SpainIBEX 72446227563.8159.522.110.731.38
RussiaMICEX 74350426967.9753.272.220.841.38
ThailandSET 1829113456362.0049.652.370.991.38
ChileBCS 44302068.1866.671.570.201.37
UKLSE 98985925313059.8652.832.060.711.35
FrancePARIS 45462843155562.5454.701.970.631.35
USNYSE 2207214140758064.0853.601.910.591.32
SingaporeSGX 2613650.0046.151.380.081.31
IsraelTASE 30211770.0080.951.290.001.29
DenmarkCOPENHAGEN 52933418563.1455.391.980.781.19
MexicoBMV 93859130963.3352.021.910.751.16
IndiaNSE 36261672.2261.541.310.151.15
GermanyXETRA 70474629243565.8252.501.770.621.15
Austria WIENERBORSE 2291448262.8856.941.740.601.15
NetherlandsAMSTERDAM 1597102254763.9953.521.740.601.14
FOREXFOREX 59352259.3262.861.340.261.09
RussiaMICEX 38321784.2153.131.470.441.03
UAEUAE 50332466.0072.731.180.181.00
UKLSE 39221556.4168.181.180.181.00
TaiwanGTSM 36302283.3373.331.070.100.97
Vietnam HOSE 52362169.2358.331.030.140.89
SwitzerlandSIX 31211067.7447.621.240.380.86
NetherlandsAMSTERDAM 37291978.3865.521.070.240.83
GermanyXETRA 37291978.3865.521.070.240.83
BelgiumBRUSSELS 37291978.3865.521.070.240.83
JapanNAGOYA 1701003858.8238.001.480.720.76
SpainIBEX 39291974.3665.521.000.240.76
Hong KongHKEX 28181264.2966.670.940.220.72
PortugalLISBON 37281875.6864.290.960.250.71
ArgentinaBUE 41311875.6158.061.160.450.71
ItalyBORSA 38301978.9563.331.030.330.70
FrancePARIS 38301978.9563.331.030.330.70
ChinaSSE 33261678.7961.540.810.120.69
South KoreaKOSDAQ 2013965.0069.231.080.380.69
MexicoBMV 50321864.0056.250.970.280.69
USFOREX 46281860.8764.290.960.290.68
Poland GPW 48341870.8352.941.000.320.68
BrazilBOVESPA 38221357.8959.091.000.360.64
SwitzerlandSIX 2391151570563.3646.531.220.600.63
PhilippinesPSE 52301957.6963.330.770.170.60
Greece ATHENS 37291878.3862.070.930.340.59
Austria WIENERBORSE 37291878.3862.070.930.340.59
IndonesiaIDX 27191170.3757.890.680.110.58
PakistanKSE 47341972.3455.880.820.260.56
MalaysiaBURSA 48311964.5861.290.740.190.55
USPREFERRED 1775115954465.3046.940.850.300.55
JapanTOKYO 36241466.6758.330.920.380.54
SwedenSTOCKHOLM 58331656.9048.480.610.150.45
AustraliaASX 51432484.3155.810.630.230.40
NorwayOSE 33271681.8259.260.780.440.33
BangladeshDSE 29261589.6657.690.500.190.31
DenmarkCOPENHAGEN 41291870.7362.070.590.310.28
CanadaTSX 2515760.0046.670.670.400.27
TurkeyBIST 31211067.7447.620.570.330.24
ThailandSET 45352077.7857.140.370.230.14
JapanFUKUOKA 63402063.4950.001.201.70-0.50
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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