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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
Greece ATHENS 95355.5660.0030.600.2030.40
ChileBCS 111100.00100.0016.000.0016.00
KuwaitKSE 75471.4380.0013.401.6011.80
BangladeshDSE 34241270.5950.009.330.548.79
NorwayOSE 37281375.6846.439.111.367.75
SwedenSTOCKHOLM 69402857.9770.007.900.507.40
TurkeyBIST 1812966.6775.008.331.007.33
EgyptEGX 37281475.6850.008.251.616.64
PhilippinesPSE 95455.5680.007.801.406.40
IndiaNSE 29720311568.3556.655.781.094.68
IsraelTASE 74513568.9268.635.350.864.49
PakistanKSE 79522865.8253.855.731.294.44
IndiaBSE 70645824964.8754.375.871.484.39
Vietnam HOSE 2616961.5456.255.381.194.19
USNASDAQ 46431317167.6754.464.951.173.78
Hong KongHKEX 1761165865.9150.005.281.633.66
MalaysiaBURSA 1912463.1633.334.420.833.58
UKLSE 49134619370.6755.624.130.833.30
ThailandSET 31271787.1062.964.040.893.15
ChinaSSE 25216410165.0861.593.790.693.10
ChinaSZSE 3051869860.9852.694.251.243.01
CanadaCSE 73142.8633.337.334.333.00
ArgentinaBUE 2017985.0052.944.351.412.94
The World 79585322294866.9355.354.021.122.90
Poland GPW 37241064.8641.675.422.542.88
SpainIBEX 32231571.8865.223.650.782.87
SingaporeSGX 65483.3380.002.800.002.80
CanadaTSX 1901186162.1151.693.400.792.61
TaiwanGTSM 78532767.9550.943.280.742.55
JapanTOKYO 87155532563.7258.563.490.962.53
BelgiumBRUSSELS 118572.7362.503.000.502.50
TaiwanTWSE 96633765.6358.733.130.672.46
Saudi ArabiaTADAWUL 23161069.5762.503.501.062.44
South KoreaKRX 2351508863.8358.672.870.712.15
FrancePARIS 116683958.6257.352.650.532.12
AustraliaASX 109804173.3951.
South KoreaKOSDAQ 2611598760.9254.723.481.452.03
USNYSE 67347326770.2856.452.670.691.99
IndonesiaIDX 1811661.1154.552.821.001.82
USOTC PINK 48733215268.5845.514.802.991.81
GermanyXETRA 35124413669.5255.742.490.821.67
NetherlandsAMSTERDAM 48261954.1773.081.690.081.62
ItalyBORSA 2531729367.9854.072.280.761.52
USAMEX 116764065.5252.632.300.871.43
MexicoBMV 41271365.8548.152.371.001.37
SwitzerlandSIX 70573481.4359.651.930.581.35
QatarQE 441100.0025.
JapanFUKUOKA 111100.00100.
UAEUAE 221100.0050.001.500.501.00
Vietnam HNX 64266.6750.001.500.750.75
RussiaMICEX 2920668.9730.001.901.300.60
Austria WIENERBORSE 1410371.4330.001.000.500.50
BrazilBOVESPA 62381661.2942.112.612.260.34
TaiwanGTSM 1000.
JordanASE 21050.
USPREFERRED 42271164.2940.740.590.67-0.07
DenmarkCOPENHAGEN 2612646.1550.002.333.25-0.92
PortugalLISBON 110100.
USWARRANTS 156340.0050.003.004.50-1.50
CanadaTSX-V 97277.7828.572.716.00-3.29
JapanNAGOYA 332100.0066.670.676.00-5.33
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.