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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
BangladeshDSE 2412550.0041.6713.251.0012.25
KuwaitKSE 42250.00100.0012.000.0012.00
OmanMSM 32166.6750.0012.003.009.00
PhilippinesPSE 32266.67100.
CanadaCSE 43275.0066.6710.002.008.00
PakistanKSE 91553160.4456.366.801.475.33
SwedenSTOCKHOLM 55382269.0957.896.501.265.24
EgyptEGX 33171151.5264.715.710.595.12
Vietnam HOSE 2015975.0060.
JapanFUKUOKA 111100.00100.
BelgiumBRUSSELS 107770.00100.004.710.004.71
IndiaNSE 30322411973.9353.135.911.374.54
IndonesiaIDX 2112757.1458.335.001.004.00
IndiaBSE 62441021565.7152.445.501.683.82
TaiwanGTSM 78512765.3852.944.350.753.61
ChinaSSE 1741256871.8454.403.911.022.90
Hong KongHKEX 1781165465.1746.554.221.382.84
ThailandSET 2819967.8647.374.051.262.79
ChinaSZSE 2021336765.8450.384.351.642.71
South KoreaKRX 23917210671.9761.633.310.842.48
South KoreaKOSDAQ 2281619170.6156.523.651.172.47
USNASDAQ 37225113767.4754.583.220.942.28
IsraelTASE 64442268.7550.002.930.662.27
SingaporeSGX 1712770.5958.332.830.582.25
The World 67924644247968.4553.323.331.152.18
SpainIBEX 2217977.2752.943.060.882.18
QatarQE 149564.2955.562.670.562.11
JordanASE 111100.00100.
TurkeyBIST 2012760.0058.333.001.081.92
UKLSE 39828816072.3655.562.580.711.87
JapanTOKYO 84158033068.9756.902.750.991.76
Austria WIENERBORSE 168550.0062.502.000.251.75
AustraliaASX 87753686.2148.002.811.081.73
GermanyXETRA 2501719868.4057.312.350.701.65
CanadaTSX 1961326067.3545.452.460.851.61
DenmarkCOPENHAGEN 1810655.5660.002.200.601.60
USNYSE 64146123971.9251.842.330.781.56
ArgentinaBUE 54280.0050.002.751.251.50
MexicoBMV 2918862.0744.442.441.061.39
ItalyBORSA 2041347665.6956.722.120.751.37
NetherlandsAMSTERDAM 37241364.8654.171.710.381.33
SwitzerlandSIX 62422767.7464.291.690.551.14
TaiwanTWSE 108743168.5241.892.151.051.09
BrazilBOVESPA 37251267.5748.
UAEUAE 42150.0050.001.500.501.00
Saudi ArabiaTADAWUL 37231462.1660.871.700.740.96
NorwayOSE 1914573.6835.713.142.210.93
USPREFERRED 53301756.6056.671.100.330.77
Poland GPW 34201258.8260.001.951.350.60
USAMEX 89522558.4348.081.731.130.60
Greece ATHENS 136246.1533.332.331.830.50
FrancePARIS 95592762.1145.761.150.920.24
USOTC PINK 38126611571.1342.443.182.990.20
MalaysiaBURSA 2114466.6728.571.431.290.14
TaiwanGTSM 1000.
RussiaMICEX 1814677.7842.861.141.29-0.14
JapanNAGOYA 442100.0050.000.500.75-0.25
Vietnam HNX 64266.6750.001.001.75-0.75
PortugalLISBON 21050.
CanadaTSX-V 93033.330.000.008.67-8.67
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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