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 42250.00100.0018.000.0018.00
BangladeshDSE 1813772.2253.8513.080.6212.46
TurkeyBIST 2114966.6764.298.860.718.14
EgyptEGX 35211460.0066.677.620.766.86
PakistanKSE 89573364.0457.897.371.445.93
Vietnam HOSE 1915878.9553.335.671.274.40
SwedenSTOCKHOLM 50321664.0050.005.411.254.16
IsraelTASE 70472967.1461.704.770.704.06
CanadaCSE 54280.0050.007.503.504.00
TaiwanGTSM 72472565.2853.194.700.773.94
ChinaSZSE 1981246962.6355.655.391.483.90
IndiaNSE 28820710671.8851.215.181.373.81
IndiaBSE 58237419264.2651.345.421.713.71
ArgentinaBUE 43375.00100.003.670.003.67
SpainIBEX 2017985.0052.944.651.003.65
ChinaSSE 1691156668.0557.394.430.883.55
BelgiumBRUSSELS 86575.0083.333.330.003.33
South KoreaKOSDAQ 1981478974.2460.544.451.163.29
USNASDAQ 38126315069.0357.034.040.873.17
PhilippinesPSE 53260.0066.675.332.333.00
QatarQE 118672.7375.
AustraliaASX 88663575.0053.033.580.852.73
UKLSE 36527715175.8954.513.440.802.64
The World 64764374237167.5954.173.601.172.43
South KoreaKRX 24818110772.9859.123.290.952.34
IndonesiaIDX 1812566.6741.673.831.672.17
Hong KongHKEX 1611074967.0845.373.521.442.07
JapanTOKYO 87353831161.6357.813.091.042.05
JordanASE 111100.00100.
USNYSE 58542422972.4854.012.570.821.75
TaiwanTWSE 107652760.7541.542.861.171.69
Vietnam HNX 53260.0066.671.670.001.67
NorwayOSE 1813572.2238.463.311.691.62
CanadaTSX 1741135164.9445.132.480.961.52
GermanyXETRA 2291548367.2553.902.290.811.49
USPREFERRED 50302160.0070.001.730.301.43
MexicoBMV 33221266.6754.552.320.951.36
BrazilBOVESPA 36261372.2250.002.581.271.31
USAMEX 83523262.6561.542.040.921.12
SingaporeSGX 1611668.7554.551.730.641.09
SwitzerlandSIX 53382671.7068.421.450.371.08
ItalyBORSA 1991367768.3456.621.950.931.01
UAEUAE 42150.0050.001.500.501.00
JapanFUKUOKA 111100.00100.
NetherlandsAMSTERDAM 36231363.8956.521.300.390.91
RussiaMICEX 1911757.8963.641.360.450.91
ThailandSET 2819967.8647.372.471.580.89
Saudi ArabiaTADAWUL 29171158.6264.711.710.820.88
Austria WIENERBORSE 158453.3350.
DenmarkCOPENHAGEN 2112757.1458.331.580.750.83
USOTC PINK 35524810470.4241.603.603.090.51
FrancePARIS 79492262.0344.901.200.940.27
TaiwanGTSM 1000.
MalaysiaBURSA 2315465.2226.670.530.73-0.20
Poland GPW 3417750.0041.181.592.00-0.41
Greece ATHENS 86275.0033.331.502.33-0.83
PortugalLISBON 21050.
JapanNAGOYA 32066.670.000.001.50-1.50
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


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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