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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
Greece ATHENS 97477.7857.1418.431.8616.57
KuwaitKSE 53360.00100.0015.330.0015.33
USWARRANTS 111100.00100.0014.000.0014.00
TurkeyBIST 159760.0077.7811.670.2211.44
BangladeshDSE 1814777.7850.0011.500.5710.93
ArgentinaBUE 76685.71100.009.500.009.50
EgyptEGX 40271767.5062.968.561.157.41
SwedenSTOCKHOLM 47311765.9654.847.521.066.45
PakistanKSE 82543165.8557.417.091.565.54
BelgiumBRUSSELS 54380.0075.004.750.004.75
CanadaCSE 42175.0033.337.332.674.67
IsraelTASE 64422765.6364.295.240.624.62
USNASDAQ 36125114169.5356.185.651.094.56
Saudi ArabiaTADAWUL 2012960.0075.004.500.334.17
IndiaNSE 2711879869.0052.415.251.323.94
UKLSE 37827116571.6960.894.610.713.90
IndiaBSE 60139620865.8952.535.021.653.36
Hong KongHKEX 146975066.4451.554.751.463.29
SpainIBEX 30231476.6760.874.000.783.22
PhilippinesPSE 53260.0066.675.332.333.00
ChinaSZSE 2131327161.9753.794.381.482.89
The World 63494332240268.2555.443.991.142.85
ChinaSSE 1741186867.8257.633.640.822.81
AustraliaASX 82603173.1751.673.520.722.80
QatarQE 53160.0033.333.000.332.67
IndonesiaIDX 139469.2344.444.221.562.67
Poland GPW 3016953.3356.253.751.132.63
USOTC PINK 38326612469.4546.625.382.802.58
South KoreaKOSDAQ 1821307571.4357.693.881.342.55
SwitzerlandSIX 50392678.0066.672.620.332.28
JapanTOKYO 73645626461.9657.893.371.132.24
USNYSE 52636619969.5854.372.970.752.22
GermanyXETRA 2281659872.3759.392.920.792.13
SingaporeSGX 117363.6442.862.000.002.00
South KoreaKRX 2141558872.4356.772.800.851.95
USAMEX 83523262.6561.542.620.791.83
NetherlandsAMSTERDAM 28181264.2966.671.940.221.72
UAEUAE 43275.0066.672.000.331.67
TaiwanGTSM 64442168.7547.732.520.861.66
MexicoBMV 33231369.7056.522.390.781.61
NorwayOSE 1815683.3340.003.131.601.53
Vietnam HOSE 2216872.7350.002.811.311.50
Austria WIENERBORSE 86375.0050.001.330.001.33
TaiwanTWSE 93602564.5241.672.200.931.27
CanadaTSX 1561035566.0353.402.200.941.26
BrazilBOVESPA 34211061.7647.622.861.671.19
ItalyBORSA 2001498674.5057.722.111.021.09
USPREFERRED 52352167.3160.001.370.311.06
FrancePARIS 79442155.7047.731.800.840.95
ThailandSET 2218981.8250.001.831.170.67
Vietnam HNX 32166.6750.001.501.000.50
JapanFUKUOKA 331100.0033.330.330.000.33
MalaysiaBURSA 2314560.8735.710.860.640.21
TaiwanGTSM 1000.
JapanNAGOYA 221100.0050.
RussiaMICEX 2618669.2333.330.830.94-0.11
DenmarkCOPENHAGEN 2313656.5246.152.002.46-0.46
PortugalLISBON 110100.
CanadaTSX-V 86275.0033.336.508.17-1.67
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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