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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
QatarQE 43175.0033.3330.891.3529.54
Greece ATHENS 1110790.9170.0016.980.8916.09
KuwaitKSE 53360.00100.0012.890.0012.89
ChileBCS 222100.00100.
EgyptEGX 27211177.7852.389.771.738.04
BangladeshDSE 41271665.8559.268.490.507.99
TurkeyBIST 129775.0077.788.781.337.45
ArgentinaBUE 19181194.7461.117.981.416.56
MalaysiaBURSA 26191073.0852.637.000.786.23
SwedenSTOCKHOLM 78472960.2661.706.460.855.61
UAEUAE 31133.33100.005.460.005.46
Vietnam HNX 106360.0050.005.590.724.88
IndiaNSE 2831779862.5455.375.861.284.58
USNASDAQ 70046424566.2952.805.841.334.51
PakistanKSE 64442768.7561.365.371.054.32
IndiaBSE 75548626464.3754.325.381.423.96
IndonesiaIDX 2512848.0066.674.800.993.82
NorwayOSE 53321460.3843.755.712.043.67
ThailandSET 33231669.7069.574.250.633.62
Poland GPW 35241068.5741.675.812.333.48
UKLSE 63644024969.1856.594.340.923.42
ChinaSZSE 31519911263.1756.
SingaporeSGX 97577.7871.433.380.293.09
Hong KongHKEX 1791186565.9255.084.711.842.87
The World 95076104338164.8354.863.931.142.79
South KoreaKRX 28717410560.6360.343.500.802.70
TaiwanGTSM 95633267.3750.003.250.572.68
ChinaSSE 27618010065.2255.563.420.772.65
South KoreaKOSDAQ 2871819163.0750.284.071.462.60
Vietnam HOSE 30171056.6758.824.421.902.52
MexicoBMV 39261466.6753.853.360.862.50
SpainIBEX 34251473.5356.003.420.952.48
JapanTOKYO 95260033663.0356.003.451.012.44
FrancePARIS 164905854.8864.443.130.702.43
DenmarkCOPENHAGEN 2812842.8666.674.442.132.31
USNYSE 100960134159.5656.742.910.752.16
TaiwanTWSE 110684061.8258.822.870.742.12
Saudi ArabiaTADAWUL 30221573.3368.182.620.572.05
USOTC PINK 52736415470.9741.184.912.902.01
SwitzerlandSIX 89704178.6558.572.580.631.94
GermanyXETRA 52532419061.7158.642.810.911.90
BelgiumBRUSSELS 108480.0050.002.550.651.90
CanadaTSX 2301588868.7055.702.410.821.59
Austria WIENERBORSE 2817860.7147.062.110.571.54
AustraliaASX 147975165.9952.582.651.151.49
IsraelTASE 89664374.1665.152.380.891.49
JapanFUKUOKA 111100.00100.001.340.001.34
USAMEX 1581014863.9247.521.890.771.12
JapanNAGOYA 221100.0050.
ItalyBORSA 32722712369.4254.191.780.860.92
BrazilBOVESPA 74492266.2244.901.731.280.45
NetherlandsAMSTERDAM 73473164.3865.961.481.470.01
USWARRANTS 140035.710.
USPREFERRED 480062.500.
RussiaMICEX 210061.900.
TaiwanGTSM 1000.
PortugalLISBON 221100.0050.000.250.33-0.08
JordanASE 32066.670.000.000.68-0.68
DenmarkCOPENHAGEN 110100.
CanadaTSX-V 1311384.6227.271.574.66-3.09
PhilippinesPSE 83137.5033.330.043.29-3.26
CanadaCSE 52040.
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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