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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
KuwaitKSE 31133.33100.0023.000.0023.00
PhilippinesPSE 111100.00100.0016.000.0016.00
SwedenSTOCKHOLM 33221366.6759.099.360.958.41
CanadaCSE 43275.0066.6710.002.008.00
PakistanKSE 58341758.6250.008.322.006.32
ArgentinaBUE 21150.00100.006.000.006.00
EgyptEGX 26141053.8571.435.790.575.21
IndonesiaIDX 107470.0057.145.431.144.29
AustraliaASX 39321882.0556.254.750.754.00
BelgiumBRUSSELS 222100.00100.003.500.003.50
IsraelTASE 38261568.4257.693.420.462.96
IndiaBSE 45329315864.6853.924.351.612.74
ChinaSZSE 130834263.8550.604.411.722.69
IndiaNSE 1861347272.0453.733.961.282.68
QatarQE 53160.0033.333.000.332.67
SingaporeSGX 85262.5040.002.600.002.60
ChinaSSE 124875070.1657.473.310.912.40
South KoreaKOSDAQ 123884971.5455.683.501.162.34
USNASDAQ 2031296764.0451.543.150.832.32
SpainIBEX 1613781.2553.853.231.082.15
MexicoBMV 2113761.9053.853.311.152.15
Vietnam HOSE 1713776.4753.853.381.232.15
TurkeyBIST 115345.4560.002.400.402.00
The World 39452683144068.0653.633.111.151.96
UKLSE 2231649173.5455.492.590.731.87
CanadaTSX 92593464.1357.632.490.781.71
Hong KongHKEX 104632560.5839.683.441.781.67
Austria WIENERBORSE 73242.8666.672.000.331.67
GermanyXETRA 1511106672.8560.002.310.691.62
NetherlandsAMSTERDAM 2013765.0053.851.920.311.62
JapanTOKYO 42029617570.4859.122.581.001.58
SwitzerlandSIX 2816857.1450.002.060.561.50
TaiwanTWSE 65431866.1541.862.370.881.49
South KoreaKRX 1691216871.6056.202.260.851.40
FrancePARIS 47251353.1952.002.080.681.40
USOTC PINK 2261627572.1246.013.822.501.32
TaiwanGTSM 38271071.0537.042.190.931.26
USNYSE 33724412572.4051.231.870.751.12
ItalyBORSA 137885064.2356.822.351.311.05
UAEUAE 32166.6750.001.500.501.00
Vietnam HNX 111100.00100.001.000.001.00
Poland GPW 158553.3362.502.131.131.00
MalaysiaBURSA 159460.0044.441.220.560.67
USAMEX 48321666.6750.001.661.090.56
BrazilBOVESPA 158553.3362.501.501.000.50
USPREFERRED 37221459.4663.640.730.230.50
NorwayOSE 1211491.6736.362.362.000.36
Saudi ArabiaTADAWUL 126350.0050.000.830.670.17
TaiwanGTSM 1000.000.000.000.000.00
USWARRANTS 2000.000.000.000.000.00
JapanFUKUOKA 220100.000.000.000.000.00
BangladeshDSE 107370.0042.860.861.00-0.14
RussiaMICEX 1612575.0041.671.081.25-0.17
ThailandSET 118372.7337.501.001.88-0.88
PortugalLISBON 110100.000.000.001.00-1.00
JapanNAGOYA 110100.000.000.002.00-2.00
Greece ATHENS 64166.6725.000.753.25-2.50
DenmarkCOPENHAGEN 136146.1516.670.333.83-3.50
CanadaTSX-V 31033.330.000.0010.00-10.00
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

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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