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 1/1/2014
Stock Exchange 
Per Trade 
Total Net% Descending
PhilippinesPSE 32266.67100.0018.500.0018.50
Vietnam HNX 32266.67100.
TaiwanGTSM 36221361.1159.097.730.597.14
PakistanKSE 51311860.7858.
SpainIBEX 87787.50100.006.860.006.86
South KoreaKOSDAQ 76564373.6876.796.590.456.14
AustraliaASX 41322078.0562.506.190.415.78
IndiaBSE 2371549364.9860.396.661.365.30
ChinaSZSE 59402667.8065.005.730.735.00
IsraelTASE 36251769.4468.005.320.604.72
IndiaNSE 112844675.0054.765.671.354.32
IndonesiaIDX 108580.0062.505.381.134.25
UAEUAE 31133.33100.
UKLSE 1911429074.3563.384.160.443.72
QatarQE 85462.5080.003.600.003.60
NorwayOSE 74257.1450.005.502.003.50
JapanTOKYO 37124516566.0467.354.000.673.33
TurkeyBIST 107470.0057.143.570.573.00
RussiaMICEX 43375.00100.
ChinaSSE 64442968.7565.913.730.772.95
The World 30972156130369.6560.413.740.862.88
South KoreaKRX 100764776.0061.843.550.752.80
BangladeshDSE 64166.6725.
BrazilBOVESPA 1614887.5057.143.000.502.50
Hong KongHKEX 73532872.6052.833.421.022.40
CanadaTSX 87603468.9756.672.800.532.27
ThailandSET 1610662.5060.003.501.302.20
TaiwanTWSE 50291258.0041.383.381.212.17
USNYSE 29423013778.2359.572.820.762.06
JordanASE 111100.00100.
USNASDAQ 30522613974.1061.502.500.611.88
GermanyXETRA 92643569.5754.692.340.521.83
BelgiumBRUSSELS 43375.00100.001.670.001.67
USOTC PINK 132964673.4847.423.612.111.49
SwitzerlandSIX 29171358.6276.471.760.351.41
Saudi ArabiaTADAWUL 23141160.8778.572.140.791.36
USAMEX 35171148.5764.711.820.471.35
EgyptEGX 158553.3362.502.000.751.25
Vietnam HOSE 107270.0028.572.431.291.14
ItalyBORSA 94583161.7053.452.191.191.00
DenmarkCOPENHAGEN 76485.7166.671.500.830.67
USPREFERRED 36271875.0066.671.811.190.63
MexicoBMV 159660.0066.671.441.000.44
MalaysiaBURSA 138561.5462.501.130.750.38
FrancePARIS 35231165.7147.831.091.000.09
PortugalLISBON 110100.
TaiwanGTSM 1000.
USWARRANTS 31033.330.
Austria WIENERBORSE 43075.
ArgentinaBUE 1000.
Greece ATHENS 76385.7150.001.331.330.00
NetherlandsAMSTERDAM 2112457.1433.330.500.58-0.08
SingaporeSGX 97477.7857.140.711.00-0.29
JapanNAGOYA 220100.
Poland GPW 198242.1125.001.381.88-0.50
SwedenSTOCKHOLM 2517668.0035.290.941.76-0.82
CanadaTSX-V 42050.000.000.0012.00-12.00
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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