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 43175.0033.3330.871.9628.91
ChileBCS 222100.00100.0016.350.0016.35
Greece ATHENS 1312892.3166.6714.590.8513.74
KuwaitKSE 32266.67100.0012.770.0012.77
EgyptEGX 31221074.1943.4810.561.978.60
SwedenSTOCKHOLM 71422759.1564.297.910.867.05
BangladeshDSE 35271477.1451.857.790.777.02
MalaysiaBURSA 2416966.6756.257.500.686.82
TurkeyBIST 1612875.0066.677.691.346.35
ArgentinaBUE 43372586.0567.576.811.015.80
UAEUAE 21150.00100.005.650.005.65
Vietnam HNX 96366.6750.005.601.064.54
USNASDAQ 67943823064.5152.515.431.344.09
IndiaBSE 77149326663.9453.965.481.484.00
IndiaNSE 2861829363.6451.
PakistanKSE 66462769.7058.705.011.133.88
NorwayOSE 56351562.5042.865.471.943.53
South KoreaKRX 28917811061.5961.804.050.603.44
FrancePARIS 163926156.4466.304.000.613.39
IndonesiaIDX 2410741.6770.004.350.993.37
UKLSE 59441823570.3756.224.260.963.30
Poland GPW 36251169.4444.005.702.403.30
ThailandSET 33251675.7664.004.080.823.26
SingaporeSGX 87587.5071.433.390.293.10
ChinaSSE 2721789965.4455.623.810.753.06
SpainIBEX 32241575.0062.503.530.732.81
ChinaSZSE 30519410563.6154.124.081.302.78
The World 93516052334165.3654.663.901.142.77
TaiwanGTSM 85542864.7150.913.090.592.50
USOTC PINK 50035316272.4044.755.142.642.50
South KoreaKOSDAQ 2951909664.4150.533.951.482.47
Hong KongHKEX 1821256568.6852.004.231.772.47
DenmarkCOPENHAGEN 3212737.5058.334.332.122.21
JapanTOKYO 93359533363.7755.973.221.022.20
Saudi ArabiaTADAWUL 29221575.8668.182.760.572.19
USNYSE 98160033361.1655.502.960.792.17
Vietnam HOSE 33181154.5561.
SwitzerlandSIX 92744480.4359.462.600.592.01
TaiwanTWSE 107664061.6860.612.690.781.92
MexicoBMV 38251265.7948.002.750.941.81
BelgiumBRUSSELS 119481.8244.442.270.591.68
GermanyXETRA 50832518063.9855.382.560.901.66
AustraliaASX 144975267.3653.612.781.211.57
CanadaTSX 2201448065.4555.562.320.791.54
Austria WIENERBORSE 2617865.3847.062.100.571.53
JapanFUKUOKA 111100.00100.001.340.001.34
IsraelTASE 93684574.1965.222.090.941.15
USAMEX 153924660.1350.002.020.911.10
ItalyBORSA 31922512470.5355.111.940.861.08
JapanNAGOYA 221100.0050.000.890.180.71
BrazilBOVESPA 74462262.1647.831.861.230.62
PortugalLISBON 111100.00100.000.500.000.50
NetherlandsAMSTERDAM 67442965.6765.911.451.090.36
USWARRANTS 140035.710.
USPREFERRED 480062.500.
TaiwanGTSM 1000.
RussiaMICEX 210061.900.
PhilippinesPSE 94244.4450.002.002.45-0.45
JordanASE 32066.670.000.000.68-0.68
DenmarkCOPENHAGEN 110100.
CanadaTSX-V 1411378.5727.271.574.55-2.98
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


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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