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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
JapanFUKUOKA 111100.00100.001.340.001.34
The World 8547563664.970.650.040.010.02
ItalyBORSA 2810072.600.
IndiaNSE 2810063.700.
IndiaBSE 6980064.
IsraelTASE 870071.
IndonesiaIDX 230043.480.
Hong KongHKEX 1630071.
Greece ATHENS 100090.
AustraliaASX 1330068.420.
Austria WIENERBORSE 260061.540.
ArgentinaBUE 320090.630.
GermanyXETRA 4630064.580.
ChinaSZSE 2860061.890.
ChinaSSE 2300062.610.
ChileBCS 300100.
SwitzerlandSIX 810077.780.
CanadaTSX 1970066.500.
CanadaCSE 40025.
CanadaTSX-V 120075.
BrazilBOVESPA 610063.930.
BelgiumBRUSSELS 100080.
NorwayOSE 520065.380.
NetherlandsAMSTERDAM 570066.670.
MalaysiaBURSA 230065.
MexicoBMV 390066.670.
UAEUAE 30066.670.
Saudi ArabiaTADAWUL 270070.370.
QatarQE 400100.
KuwaitKSE 60083.330.
EgyptEGX 320078.
JordanASE 20050.
South KoreaKOSDAQ 2540063.390.
South KoreaKRX 2640060.980.
JapanTOKYO 8740061.670.
PortugalLISBON 100100.
Poland GPW 410070.730.
PakistanKSE 620067.740.
PhilippinesPSE 100050.
SpainIBEX 310077.420.
JapanNAGOYA 200100.
Vietnam HOSE 330054.550.
Vietnam HNX 80075.
USWARRANTS 140035.710.
USPREFERRED 480062.500.
USOTC PINK 4470070.690.
USNYSE 8930060.
USNASDAQ 5880063.
USAMEX 1560061.540.
UKLSE 5400072.
TaiwanGTSM 910064.840.
TaiwanTWSE 1100062.730.
TaiwanGTSM 1000.
TurkeyBIST 140071.430.
ThailandSET 290082.760.
SingaporeSGX 60066.670.
SwedenSTOCKHOLM 600053.330.
FrancePARIS 1471054.420.000.000.02-0.02
RussiaMICEX 291068.970.000.000.15-0.15
BangladeshDSE 301083.330.000.000.20-0.20
DenmarkCOPENHAGEN 261042.310.000.000.71-0.71
DenmarkCOPENHAGEN 110100.
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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