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.
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.
Pattern Performance in Stock Exchanges since 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
KuwaitKSE 21150.00100.0023.000.0023.00
BangladeshDSE 1813772.2253.8513.080.6212.46
TurkeyBIST 22151068.1866.678.400.677.73
EgyptEGX 36221561.1168.187.270.736.55
PakistanKSE 94613764.8960.667.151.345.80
TaiwanGTSM 78522766.6751.924.830.774.06
CanadaCSE 54280.0050.007.503.504.00
IsraelTASE 75503266.6764.004.640.644.00
ChinaSZSE 2021267062.3855.565.441.493.95
IndiaNSE 29921311071.2451.645.231.353.88
SwedenSTOCKHOLM 52341765.3850.
ArgentinaBUE 43375.00100.003.670.003.67
IndiaBSE 60439019864.5750.775.321.713.61
USNASDAQ 40728216069.2956.744.450.883.57
ChinaSSE 1721176768.0257.264.380.873.51
SpainIBEX 2218981.8250.004.391.003.39
BelgiumBRUSSELS 86575.0083.333.330.003.33
South KoreaKOSDAQ 2041509073.5360.004.371.153.22
PhilippinesPSE 53260.0066.675.332.333.00
QatarQE 118672.7375.
AustraliaASX 93693574.1950.723.420.872.55
UKLSE 37928315474.6754.423.390.842.55
South KoreaKRX 23117210074.4658.143.440.952.49
The World 66684513244067.7354.033.611.172.44
IndonesiaIDX 1812566.6741.673.831.672.17
JapanTOKYO 89355432362.0458.303.081.032.05
JordanASE 111100.00100.
Hong KongHKEX 1611105068.3245.453.371.451.92
USNYSE 59542723171.7654.102.670.821.85
BrazilBOVESPA 41291470.7348.
TaiwanTWSE 106652761.3241.542.861.171.69
Vietnam HNX 53260.0066.671.670.001.67
NorwayOSE 1813572.2238.463.311.691.62
USPREFERRED 58372563.7967.571.860.351.51
USAMEX 86543362.7961.112.481.001.48
Vietnam HOSE 1915878.9553.332.731.271.47
CanadaTSX 1801175365.0045.302.420.961.46
GermanyXETRA 2321558267.2452.562.240.831.41
MexicoBMV 34221264.7154.552.320.951.36
Austria WIENERBORSE 86375.0050.001.330.001.33
SwitzerlandSIX 55402872.7370.001.650.351.30
SingaporeSGX 1611668.7554.551.730.641.09
UAEUAE 42150.0050.001.500.501.00
ItalyBORSA 2051438269.7657.341.900.910.99
NetherlandsAMSTERDAM 37231362.1656.521.300.390.91
Saudi ArabiaTADAWUL 29171158.6264.711.710.820.88
ThailandSET 30211070.0047.622.331.480.86
DenmarkCOPENHAGEN 2112757.1458.331.580.750.83
RussiaMICEX 2012760.0058.331.250.500.75
JapanFUKUOKA 221100.0050.000.500.000.50
USOTC PINK 38526911370.3941.703.453.060.39
FrancePARIS 84512360.7145.101.310.940.37
TaiwanGTSM 1000.
MalaysiaBURSA 2616561.5431.250.940.940.00
Greece ATHENS 97377.7842.861.712.00-0.29
Poland GPW 3719851.3542.111.531.84-0.32
JapanNAGOYA 43175.0033.330.001.00-1.00
PortugalLISBON 21050.
CanadaTSX-V 95155.5620.004.609.80-5.20
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


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