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 31133.33100.0023.000.0023.00
BangladeshDSE 1813772.2253.8513.080.6212.46
TurkeyBIST 2114966.6764.298.790.718.07
EgyptEGX 32181356.2572.228.610.618.00
PakistanKSE 88553162.5056.367.561.496.07
SwedenSTOCKHOLM 46311567.3948.396.481.295.19
Vietnam HOSE 1915878.9553.335.671.274.40
CanadaCSE 54280.0050.007.503.504.00
TaiwanGTSM 71462464.7952.174.780.784.00
ChinaSZSE 1851116160.0054.955.441.583.86
ChinaSSE 1601056165.6358.104.670.883.79
IsraelTASE 69462866.6760.874.430.723.72
ArgentinaBUE 43275.0066.673.670.003.67
SpainIBEX 1917989.4752.944.651.003.65
BelgiumBRUSSELS 86575.0083.333.330.003.33
South KoreaKOSDAQ 1971468774.1159.594.361.183.18
IndiaBSE 57536418363.3050.274.791.763.03
PhilippinesPSE 43275.0066.675.332.333.00
IndiaNSE 2802009871.4349.004.341.462.88
QatarQE 118672.7375.
IndonesiaIDX 1811561.1145.454.181.362.82
AustraliaASX 87653474.7152.313.571.032.54
South KoreaKRX 24217610572.7359.663.370.942.43
UKLSE 34926114274.7954.413.210.802.42
The World 62544172222066.7453.193.401.232.17
USNASDAQ 35023812768.0053.363.040.932.11
Hong KongHKEX 1531024866.6747.063.501.452.05
JapanTOKYO 84751229460.4557.423.071.052.02
JordanASE 111100.00100.
Vietnam HNX 53260.0066.671.670.001.67
USNYSE 55640120872.1251.872.490.861.63
NorwayOSE 1613581.2538.463.311.691.62
TaiwanTWSE 106652761.3241.542.661.171.49
CanadaTSX 1671094865.2744.042.350.991.36
MexicoBMV 2818964.2950.002.441.171.28
GermanyXETRA 2151427766.0554.232.000.831.17
USAMEX 82513062.2058.822.040.941.10
SingaporeSGX 1511673.3354.551.730.641.09
ItalyBORSA 1871236965.7856.
UAEUAE 42150.0050.001.500.501.00
RussiaMICEX 1511873.3372.731.450.451.00
USPREFERRED 44251756.8268.001.280.320.96
SwitzerlandSIX 46312267.3970.971.290.390.90
ThailandSET 2718866.6744.442.561.670.89
Saudi ArabiaTADAWUL 29171158.6264.711.710.820.88
Austria WIENERBORSE 158453.3350.
NetherlandsAMSTERDAM 35231265.7152.171.300.430.87
BrazilBOVESPA 3020866.6740.002.101.550.55
DenmarkCOPENHAGEN 178447.0650.001.501.000.50
FrancePARIS 76462160.5345.651.171.000.17
TaiwanGTSM 1000.
USOTC PINK 3472409769.7440.083.343.39-0.05
Poland GPW 3317851.5247.061.711.88-0.18
MalaysiaBURSA 2113361.9023.080.540.85-0.31
PortugalLISBON 21050.
JapanNAGOYA 43175.0033.330.001.00-1.00
Greece ATHENS 85162.5020.000.802.80-2.00
CanadaTSX-V 95055.560.000.009.80-9.80
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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