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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
KuwaitKSE 31133.33100.0023.000.0023.00
USWARRANTS 31133.33100.0014.000.0014.00
BangladeshDSE 2115771.4346.6711.330.7310.60
Greece ATHENS 108480.0050.009.881.758.13
TurkeyBIST 22151068.1866.678.400.677.73
EgyptEGX 39251664.1064.007.000.966.04
PakistanKSE 96623764.5859.687.031.375.66
ArgentinaBUE 54480.00100.
IsraelTASE 78533467.9564.154.810.624.19
SwedenSTOCKHOLM 55361865.4550.005.421.284.14
TaiwanGTSM 79532867.0952.834.770.774.00
USNASDAQ 42329917270.6957.534.820.893.92
ChinaSZSE 2111297361.1456.595.371.473.91
IndiaNSE 30621611170.5951.395.181.363.82
IndiaBSE 62440620565.0650.495.321.733.59
UKLSE 41631017674.5256.774.350.763.59
SpainIBEX 23191082.6152.634.470.953.53
ChinaSSE 1761196867.6157.144.360.873.50
BelgiumBRUSSELS 86575.0083.333.330.003.33
South KoreaKOSDAQ 2061519073.3059.604.341.173.17
PhilippinesPSE 53260.0066.675.332.333.00
AustraliaASX 98744175.5155.413.680.762.92
QatarQE 118672.7375.
Saudi ArabiaTADAWUL 33211563.6471.433.380.672.71
The World 71564867266868.0854.763.821.132.70
Hong KongHKEX 1651115367.2747.754.151.472.68
CanadaCSE 43175.0033.337.334.672.67
South KoreaKRX 24417710472.5458.763.480.942.54
USNYSE 63045425272.0655.512.980.752.23
IndonesiaIDX 1812566.6741.673.831.672.17
SwitzerlandSIX 57433175.4472.092.400.332.07
JapanTOKYO 93557533561.5058.
JordanASE 111100.00100.
DenmarkCOPENHAGEN 2213859.0961.542.540.691.85
TaiwanTWSE 110672860.9141.792.791.151.64
USAMEX 94593662.7761.022.560.931.63
NorwayOSE 1813572.2238.463.311.691.62
GermanyXETRA 2481669067.3453.892.380.781.60
BrazilBOVESPA 42311573.8148.392.871.321.55
CanadaTSX 1861235666.1345.532.480.931.54
Poland GPW 3820952.6345.003.151.751.40
ItalyBORSA 2161488869.4458.672.120.761.36
Austria WIENERBORSE 86375.0050.001.330.001.33
Vietnam HOSE 2016880.0050.002.561.251.31
USPREFERRED 62392462.9061.541.670.381.28
MexicoBMV 36251369.4452.002.160.961.20
SingaporeSGX 1611668.7554.551.730.641.09
UAEUAE 42150.0050.001.500.501.00
JapanFUKUOKA 111100.00100.
NetherlandsAMSTERDAM 38241463.1658.331.330.380.96
USOTC PINK 41428412169.0842.313.752.960.79
ThailandSET 2921972.4142.862.241.480.76
Vietnam HNX 53160.0033.331.330.670.67
RussiaMICEX 2415762.5046.671.000.400.60
FrancePARIS 90542560.0046.301.280.960.31
MalaysiaBURSA 2716559.2631.250.940.940.00
TaiwanGTSM 1000.
JapanNAGOYA 43175.0033.330.671.00-0.33
PortugalLISBON 21050.
CanadaTSX-V 106160.0016.673.839.00-5.17
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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