BULLISH DOWNSIDE GAP TWO RABBITS
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 buying decisions.
BULLISH DOWNSIDE GAP TWO RABBITS
Definition
This is a three-candlestick bullish reversal pattern. The gap between the white body of the second day and the black body of the first day represents the downside gap. The white candlesticks of the second and third day represent the rabbits ready to jump out of their burrow.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A normal or long black candlestick appears on the first day.
3. The second day is a short white candlestick that gaps down.
4. On the last day another white candlestick appears that opens at or below the open, and then closes above the close of the previous day, but still below the close of the first day.
Pattern Requirements and Flexibility
The Downside Gap Two Rabbits should start with a normal or long black body. A short white body characterized by a downside body gap follows. The third day is another white body that engulfs the second day. The third day may open at or below the open of the second day. The third day should close below the body limits of the first day, leaving the gap created between the first and the second days still unfilled.
Trader’s Behavior
A downtrend has been in place, and the black candlestick adds to the bearishness that is already present. The following day opens lower with a gap down. Prices rise a little bit, and a short white candlestick is observed. The bears are not alarmed by this day, because even though a white body appears, prices fail to close above the close of the previous day. The third day opens at or below the open of the second day, but it rallies throughout the day and closes above the previous close. The two consecutive white bodies show that the strength of the downtrend has been questioned.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the last low. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish 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
Greece ATHENS 107470.0057.1418.431.8616.57
KuwaitKSE 53360.00100.0015.330.0015.33
BangladeshDSE 25201080.0050.009.650.409.25
TurkeyBIST 1710658.8260.009.201.407.80
NorwayOSE 2723885.1934.788.911.657.26
SwedenSTOCKHOLM 62402564.5262.508.030.857.18
ArgentinaBUE 108780.0087.506.750.386.38
EgyptEGX 45321871.1156.257.631.446.19
PhilippinesPSE 74357.1475.007.751.756.00
PakistanKSE 90623468.8954.847.481.565.92
IsraelTASE 68463167.6567.396.280.575.72
Saudi ArabiaTADAWUL 2111852.3872.734.730.364.36
USNASDAQ 40828916670.8357.445.271.064.21
IndiaNSE 28619610668.5354.085.401.304.11
Vietnam HOSE 24171070.8358.825.241.293.94
IndiaBSE 66944223766.0753.625.341.573.77
BelgiumBRUSSELS 65383.3360.003.800.203.60
MalaysiaBURSA 2615657.6940.004.070.603.47
UKLSE 44932618772.6157.364.170.783.39
Hong KongHKEX 1631135569.3348.674.801.543.26
CanadaCSE 43175.0033.337.334.333.00
SpainIBEX 32231471.8860.873.780.783.00
The World 72064942273968.6155.404.081.162.91
IndonesiaIDX 2015875.0053.334.071.272.80
ChinaSZSE 2541618563.3952.804.241.482.76
ChinaSSE 2011408269.6558.573.640.892.74
USOTC PINK 48333816470.1948.385.622.882.74
Poland GPW 37221062.1643.484.091.392.70
South KoreaKRX 24516710068.1659.883.400.792.61
South KoreaKOSDAQ 2171417764.9854.613.811.432.38
ThailandSET 27231485.1960.873.260.912.35
AustraliaASX 97723674.2350.003.070.822.25
TaiwanGTSM 79542768.3550.003.000.762.24
GermanyXETRA 27019211671.1160.423.010.772.23
JapanTOKYO 79550128563.0256.893.231.112.13
USNYSE 59642924071.9855.942.830.742.09
SingaporeSGX 107370.0042.862.000.002.00
CanadaTSX 1691146367.4655.262.790.801.99
ItalyBORSA 2191649574.8957.932.741.011.74
UAEUAE 43275.0066.672.000.331.67
SwitzerlandSIX 61503081.9760.002.160.561.60
NetherlandsAMSTERDAM 33201460.6170.001.750.201.55
USWARRANTS 84250.0050.004.002.501.50
USAMEX 96623864.5861.292.210.731.48
TaiwanTWSE 98652966.3344.622.320.881.45
Austria WIENERBORSE 85262.5040.001.400.001.40
QatarQE 64166.6725.002.251.001.25
MexicoBMV 40261365.0050.002.120.881.23
FrancePARIS 86492356.9846.941.690.840.86
USPREFERRED 45281362.2246.431.180.360.82
BrazilBOVESPA 51351568.6342.862.692.090.60
JapanFUKUOKA 221100.0050.000.500.000.50
TaiwanGTSM 1000.000.000.000.000.00
Vietnam HNX 43175.0033.331.001.000.00
JordanASE 110100.000.000.000.000.00
RussiaMICEX 3018560.0027.780.611.00-0.39
DenmarkCOPENHAGEN 2413654.1746.152.002.46-0.46
PortugalLISBON 110100.000.000.001.00-1.00
CanadaTSX-V 87287.5028.572.717.14-4.43
JapanNAGOYA 331100.0033.330.676.67-6.00
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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