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 47231820268.2262.739.933.816.12
USOTCBB 106460.0066.676.831.335.50
CanadaTSX-V 1509106659870.6456.106.052.983.08
Vietnam HNX 47828416659.4158.453.981.262.71
JapanSAPPORO 1310776.9270.004.101.402.70
USOTC PINK 137899125449966.4249.135.462.812.65
South KoreaKOSDAQ 75514765266963.1855.943.811.302.51
PakistanKSE 2736142879352.1955.533.941.482.46
IndiaNSE 146778113449755.3555.363.751.292.46
IndonesiaIDX 1570101356164.5255.383.811.392.42
Poland GPW 2375158789266.9556.103.711.312.40
EgyptEGX 163292949556.9253.283.881.572.31
IndiaBSE 2043811107605054.3754.453.841.582.26
Hong KongHKEX 78864937255762.6051.793.451.362.09
TurkeyBIST 36592120109258.0851.393.521.492.03
SwedenSTOCKHOLM 44782795145262.4851.893.371.352.02
USNASDAQ 2443615498782763.4950.453.201.291.91
UAEUAE 2731699261.9054.442.880.981.90
ChinaSZSE 131078049423561.4152.623.141.261.88
Vietnam HOSE 2280123765154.2552.633.171.381.78
BangladeshDSE 1777112162663.0855.843.111.331.78
MalaysiaBURSA 33642150109863.9151.073.191.431.76
PortugalLISBON 2131386864.7949.282.540.781.76
Greece ATHENS 53935817566.4248.883.051.391.66
ChileBCS 1771127263.2864.292.400.751.65
ChinaSSE 95175937306162.3851.562.651.051.60
TaiwanGTSM 49392778145356.2552.302.641.051.59
OmanMSM 118693460.1747.892.901.321.58
QatarQE 2751729162.5552.912.280.741.53
KuwaitKSE 55133916661.5248.972.791.261.53
ArgentinaBUE 96352425955.1448.783.191.661.53
IsraelTASE 38202160109556.7550.512.631.111.52
SpainIBEX 110570135263.4450.212.440.931.51
PhilippinesPSE 99065934966.5752.962.691.181.50
The World 38095323187811421660.9249.222.611.131.48
DenmarkCOPENHAGEN 87154025862.0047.782.551.091.46
South KoreaKRX 81924745241357.9250.852.400.951.45
NorwayOSE 132183041862.8350.362.981.541.45
ThailandSET 36632190106159.7948.452.591.191.40
TaiwanTWSE 73894211210356.9949.942.250.891.37
JapanTOKYO 2928817495871559.7349.812.471.121.35
USAMEX 47262812121659.6343.152.310.961.35
Saudi ArabiaTADAWUL 1763108057261.2652.962.260.931.33
JordanASE 197934947.2152.692.721.561.16
BelgiumBRUSSELS 76548722863.6646.821.940.811.13
CanadaTSX 119247254329760.8845.422.120.991.13
BrazilBOVESPA 3503218898862.8344.892.361.231.12
UKLSE 1712710135464159.1945.782.010.901.10
ChileBCS 70493270.0065.311.270.161.10
MexicoBMV 1751112855164.4248.852.181.091.10
USNYSE 37334227531042460.9845.791.910.871.04
AustraliaASX 69014267192261.9544.962.661.631.03
Austria WIENERBORSE 3722079555.6545.892.161.190.97
JapanFUKUOKA 68451966.1842.222.401.470.93
IsraelTASE 58442875.8663.641.020.110.91
SingaporeSGX 51331764.7151.521.060.180.88
JapanNAGOYA 2441616765.9841.611.981.120.86
SwitzerlandSIX 61442872.1363.641.090.250.84
FrancePARIS 73424498208561.2646.351.750.910.84
RussiaMICEX 160299847463.8046.381.841.020.82
UKLSE 81543566.6764.811.060.240.81
FOREXFOREX 97643965.9860.941.110.330.78
UAEUAE 73523771.2371.150.940.170.77
ItalyBORSA 98446106264162.0343.251.620.870.75
MexicoBMV 81553367.9060.001.000.250.75
Hong KongHKEX 45292064.4468.970.860.140.72
RussiaMICEX 68502373.5346.001.260.560.70
GermanyXETRA 140538582371961.1243.301.490.810.68
BrazilBOVESPA 81432153.0948.841.050.400.65
Poland GPW 85633374.1252.380.870.240.63
TaiwanGTSM 61503081.9760.000.840.220.62
NetherlandsAMSTERDAM 65493075.3861.220.820.200.61
GermanyXETRA 64493076.5661.220.820.200.61
BelgiumBRUSSELS 65493075.3861.220.820.200.61
Vietnam HOSE 94663870.2157.580.790.180.61
PortugalLISBON 64493076.5661.220.800.200.59
IndiaNSE 73513069.8658.820.860.270.59
ArgentinaBUE 78543069.2355.560.960.410.56
JapanTOKYO 61422668.8561.900.860.310.55
FrancePARIS 65503076.9260.000.800.260.54
SpainIBEX 68503073.5360.000.760.220.54
ItalyBORSA 65503076.9260.000.800.260.54
SingaporeSGX 124877631762.1840.851.901.410.49
NorwayOSE 67472770.1557.450.850.360.49
Austria WIENERBORSE 63492977.7859.180.730.270.47
Greece ATHENS 63492977.7859.180.730.270.47
DenmarkCOPENHAGEN 82603673.1760.000.680.220.47
TurkeyBIST 82542565.8546.300.930.460.46
SwitzerlandSIX 46672861118861.5841.341.210.760.44
PhilippinesPSE 81533065.4356.600.580.150.43
NetherlandsAMSTERDAM 2732164468560.1841.671.220.780.43
USFOREX 91563561.5462.500.660.250.41
USWARRANTS 140863761.4343.025.875.470.41
South KoreaKOSDAQ 43321774.4253.130.780.410.38
PakistanKSE 86613370.9354.100.660.300.36
MalaysiaBURSA 94653269.1549.230.580.250.34
USPREFERRED 2746178268264.8938.270.850.510.34
ChinaSSE 70492370.0046.940.570.310.27
IndonesiaIDX 50341968.0055.880.560.290.26
AustraliaASX 81643579.0154.690.500.250.25
BangladeshDSE 57462680.7056.520.410.170.24
SwedenSTOCKHOLM 101673166.3446.270.510.270.24
CanadaTSX 49382277.5557.890.550.320.24
ThailandSET 84582869.0548.280.340.290.05
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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