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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
KuwaitKSE 31133.33100.0023.000.0023.00
PhilippinesPSE 111100.00100.0016.000.0016.00
SwedenSTOCKHOLM 31201164.5255.0010.201.308.90
PakistanKSE 47271457.4551.8510.191.858.33
CanadaCSE 332100.0066.6710.002.008.00
ArgentinaBUE 21150.00100.
EgyptEGX 24141058.3371.435.790.575.21
AustraliaASX 37301881.0860.005.070.604.47
IndonesiaIDX 87487.5057.145.431.144.29
SpainIBEX 129775.0077.784.670.783.89
BelgiumBRUSSELS 222100.00100.003.500.003.50
IsraelTASE 32221368.7559.093.860.503.36
South KoreaKOSDAQ 105744570.4860.814.181.192.99
ChinaSSE 106734568.8761.643.580.822.75
QatarQE 53160.0033.333.000.332.67
IndiaBSE 39425613764.9753.524.221.632.59
IndiaNSE 1691216871.6056.203.831.282.55
ChinaSZSE 108703964.8155.714.061.562.50
USNASDAQ 1851226465.9552.463.390.892.49
Vietnam HOSE 1613781.2553.853.381.232.15
The World 34362347127268.3454.
Austria WIENERBORSE 52140.0050.002.500.502.00
CanadaTSX 82533064.6356.602.620.741.89
Hong KongHKEX 90562562.2244.643.501.711.79
JapanTOKYO 38326816269.9760.452.720.991.73
TaiwanGTSM 34241070.5941.672.460.881.58
UKLSE 2061467870.8753.422.320.741.58
SingaporeSGX 64166.6725.001.500.001.50
USOTC PINK 1871376573.8047.104.182.721.46
GermanyXETRA 119824568.9154.882.270.821.45
South KoreaKRX 1331005675.1956.002.240.851.39
NetherlandsAMSTERDAM 148457.1450.001.750.381.38
SwitzerlandSIX 2513652.0046.151.920.621.31
USNYSE 30122211673.7552.252.050.771.28
TurkeyBIST 94244.4450.001.750.501.25
BrazilBOVESPA 116454.5566.671.330.331.00
Vietnam HNX 111100.00100.
TaiwanTWSE 59391466.1035.901.850.950.90
MalaysiaBURSA 148457.1450.001.380.500.88
Poland GPW 147450.0057.
MexicoBMV 1912663.1650.
FrancePARIS 43221151.1650.001.450.770.68
ItalyBORSA 110723965.4554.171.881.290.58
NorwayOSE 109390.0033.332.331.780.56
USPREFERRED 36221561.1168.180.730.180.55
USAMEX 3220962.5045.001.851.450.40
Saudi ArabiaTADAWUL 116354.5550.000.830.670.17
TaiwanGTSM 1000.
JapanFUKUOKA 220100.
RussiaMICEX 1311484.6236.361.091.36-0.27
UAEUAE 32166.6750.001.502.00-0.50
BangladeshDSE 96266.6733.330.501.17-0.67
ThailandSET 118372.7337.501.001.88-0.88
PortugalLISBON 110100.
DenmarkCOPENHAGEN 114136.3625.000.501.75-1.25
JapanNAGOYA 110100.
Greece ATHENS 64166.6725.000.753.25-2.50
CanadaTSX-V 21050.000.000.0010.00-10.00
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


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