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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 50736123371.2064.5410.443.367.09
USOTCBB 106460.0066.676.831.335.50
CanadaTSX-V 1833126673769.0758.216.652.484.18
Vietnam HNX 75542124055.7657.014.771.323.46
USOTC PINK 128518295422966.3549.605.162.332.84
JapanSAPPORO 1310776.9270.004.101.402.70
Hong KongHKEX 83085289290163.6654.854.051.412.64
South KoreaKOSDAQ 90025661313762.8955.413.941.402.54
EgyptEGX 156887446855.7453.554.061.572.50
USNASDAQ 2715717489910564.4552.023.801.372.43
BangladeshDSE 1769108463761.2858.763.791.372.42
PakistanKSE 2561151982759.3154.443.871.492.38
ChileBCS 38220911854.7156.463.260.992.26
JordanASE 175774944.0063.642.950.742.21
ChinaSZSE 1678710225551760.9153.963.331.142.19
Vietnam HOSE 3007161583453.7151.643.211.271.95
PhilippinesPSE 99967136067.1753.653.041.111.92
ChinaSSE 141928900472762.7153.112.841.011.83
IsraelTASE 55203163162457.4151.252.851.051.80
JapanFUKUOKA 69382155.0755.263.021.271.75
MalaysiaBURSA 32822091103963.7149.693.211.541.67
South KoreaKRX 106076201312858.4650.442.580.941.64
MexicoBMV 2098138568966.0249.752.901.281.62
RussiaMICEX 115854773.9155.292.020.421.60
OmanMSM 118693460.1747.892.901.321.58
TaiwanGTSM 59263389180157.4452.912.621.071.55
JapanTOKYO 3150419236972361.0650.552.491.051.44
BrazilBOVESPA 53783446167364.0848.552.461.031.43
TaiwanTWSE 89145022251956.3450.162.320.941.37
CanadaTSX 136948098387759.1447.882.280.951.34
AustraliaASX 83345227248362.7247.502.881.601.28
ChileBCS 105734469.5260.271.420.211.22
USNYSE 42999266671262862.0247.352.080.901.19
USAMEX 64324024172162.5642.772.040.891.15
The World 4461311821719238360.7434.091.890.751.14
SingaporeSGX 124177034462.0544.682.441.351.09
FOREXFOREX 1531085870.5953.701.720.711.01
JapanNAGOYA 2741768064.2345.451.960.961.00
QatarQE 2991728657.5350.001.710.750.96
KuwaitKSE 67543620664.5947.252.031.120.91
SwitzerlandSIX 82593971.9566.101.120.240.88
IsraelTASE 111774569.3758.440.950.130.82
JapanTOKYO 112643957.1460.941.080.270.81
UKLSE 114794369.3054.431.140.370.77
Hong KongHKEX 82624275.6167.740.940.190.74
UAEUAE 1481137776.3568.140.900.170.73
MexicoBMV 115764566.0959.210.990.260.72
Poland GPW 1381035674.6454.370.970.270.70
NorwayOSE 122875371.3160.920.980.330.64
PortugalLISBON 91714578.0263.380.770.180.59
IndiaNSE 100663966.0059.090.800.240.56
GermanyXETRA 89704478.6562.860.740.190.56
PhilippinesPSE 122834768.0356.630.730.180.55
SingaporeSGX 87612970.1147.540.720.180.54
Vietnam HOSE 122894772.9552.810.720.180.54
BelgiumBRUSSELS 89694377.5362.320.710.190.52
NetherlandsAMSTERDAM 89694377.5362.320.710.190.52
USFOREX 140936066.4364.520.740.230.52
DenmarkCOPENHAGEN 1431136679.0258.410.700.190.51
TaiwanGTSM 128965675.0058.330.740.230.51
South KoreaKOSDAQ 74553474.3261.820.760.250.51
FrancePARIS 90714478.8961.970.730.230.51
ItalyBORSA 90714478.8961.970.730.230.51
SpainIBEX 96704372.9261.430.700.200.50
PakistanKSE 1451055272.4149.520.810.340.47
Austria WIENERBORSE 86674177.9161.190.700.240.46
Greece ATHENS 86664076.7460.610.700.240.45
BrazilBOVESPA 138924466.6747.830.900.460.45
ArgentinaBUE 2671139961253.1343.132.612.190.42
ChinaSSE 113814071.6849.380.690.280.41
BangladeshDSE 97814783.5158.020.520.170.35
AustraliaASX 123954877.2450.530.540.230.31
IndonesiaIDX 83603172.2951.670.570.270.30
ArgentinaBUE 152864156.5847.670.760.470.29
CanadaTSX 93683273.1247.060.620.350.26
MalaysiaBURSA 125874269.6048.280.540.280.26
ThailandSET 126884369.8448.860.480.240.24
TurkeyBIST 129883668.2240.910.900.770.13
PortugalLISBON 2185359.632.310.100.010.09
SwedenSTOCKHOLM 1611034863.9846.600.480.390.09
USWARRANTS 3871168.730.380.070.000.07
Austria WIENERBORSE 9855558.680.870.030.000.03
DenmarkCOPENHAGEN 9164264.300.340.010.000.00
FrancePARIS 757316961.810.190.010.000.00
ItalyBORSA 126603261.580.030.000.000.00
IndiaBSE 2821410651.180.040.000.000.00
SwedenSTOCKHOLM 50794163.770.030.000.000.00
USPREFERRED 27758265.370.110.000.000.00
UKLSE 210711161.140.010.000.000.00
SwitzerlandSIX 58780061.570.000.000.000.00
BelgiumBRUSSELS 6760063.020.000.000.000.00
GermanyXETRA 195520060.520.000.000.000.00
SpainIBEX 11580062.000.000.000.000.00
Greece ATHENS 7220065.650.000.000.000.00
Saudi ArabiaTADAWUL 18160059.090.000.000.000.00
NorwayOSE 19090065.220.000.000.000.00
IndiaNSE 194964154.480.010.000.000.00
Poland GPW 26510068.460.000.000.000.00
RussiaMICEX 16200058.770.000.000.000.00
TurkeyBIST 54711154.120.030.000.000.00
NetherlandsAMSTERDAM 34579362.370.140.000.000.00
ThailandSET 43925261.160.070.000.010.00
UAEUAE 3552159.150.480.000.010.00
IndonesiaIDX 21331065.350.000.000.01-0.01
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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