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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
QatarQE 53160.0033.3330.871.0729.80
Greece ATHENS 12128100.0066.6715.990.8615.13
KuwaitKSE 64466.67100.0012.750.0012.75
ChileBCS 333100.00100.0012.290.0012.29
EgyptEGX 28191067.8652.6310.881.859.03
Vietnam HNX 84350.0075.008.380.338.05
TurkeyBIST 1210883.3380.008.971.217.76
BangladeshDSE 53321860.3856.257.680.856.83
IndonesiaIDX 2512948.0075.007.270.826.45
MalaysiaBURSA 2518972.0050.006.590.745.85
UAEUAE 31133.33100.005.460.005.46
ArgentinaBUE 25231492.0060.876.721.425.30
IndiaNSE 2801809664.2953.335.871.204.67
USNASDAQ 69045424565.8053.965.631.284.35
IndiaBSE 74948125864.2253.645.701.474.23
ThailandSET 31211567.7471.434.600.504.10
PakistanKSE 66492874.2457.144.961.213.75
UKLSE 63844024769.1256.014.270.923.36
SingaporeSGX 97577.7871.433.380.293.08
Saudi ArabiaTADAWUL 26191473.0873.683.620.533.08
South KoreaKOSDAQ 2801748862.1450.574.411.353.06
Poland GPW 39271069.2337.045.152.292.86
DenmarkCOPENHAGEN 2510640.0060.003.941.102.84
ChinaSZSE 33020810863.0351.924.051.232.82
ChinaSSE 28818910165.6353.443.450.702.75
The World 95096160335565.3154.033.891.172.72
SwedenSTOCKHOLM 75462761.3358.703.620.912.72
SpainIBEX 31231374.1956.523.540.822.71
JapanTOKYO 86155029463.8853.453.541.072.47
FrancePARIS 165926055.7665.223.150.682.47
Hong KongHKEX 1851246567.0352.424.311.872.44
South KoreaKRX 26616510262.0361.823.130.742.39
TaiwanGTSM 86612870.9345.903.060.682.39
MexicoBMV 38251365.7952.003.250.892.35
USNYSE 102462935561.4356.442.940.772.17
SwitzerlandSIX 90694176.6759.422.720.562.16
Vietnam HOSE 33191157.5857.893.871.752.12
GermanyXETRA 54333019260.7758.182.700.861.84
USOTC PINK 56740617371.7842.514.893.171.72
Austria WIENERBORSE 34231267.6552.172.170.531.64
CanadaTSX 2321619169.4056.522.310.841.47
TaiwanTWSE 100643464.0053.132.340.931.41
JapanFUKUOKA 111100.00100.001.330.001.33
AustraliaASX 147984866.6748.982.531.241.30
ItalyBORSA 33423312069.7651.502.120.911.20
IsraelTASE 95744477.8959.462.241.051.20
USAMEX 1621035163.5849.511.860.711.15
BrazilBOVESPA 76482363.1647.922.221.181.05
BelgiumBRUSSELS 1211491.6736.361.831.010.82
NorwayOSE 54321559.2646.882.532.030.50
JapanNAGOYA 331100.0033.330.680.280.40
USWARRANTS 140035.710.000.000.000.00
USPREFERRED 480062.500.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
RussiaMICEX 210061.900.000.000.000.00
NetherlandsAMSTERDAM 68442864.7163.641.531.71-0.18
PhilippinesPSE 84250.0050.002.012.47-0.47
PortugalLISBON 110100.000.000.000.67-0.67
JordanASE 32066.670.000.000.68-0.68
DenmarkCOPENHAGEN 110100.000.000.002.00-2.00
CanadaTSX-V 1312292.3116.670.345.10-4.76
CanadaCSE 62033.330.000.005.54-5.54
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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