BULLISH DOWNSIDE GAP TWO RABBITS
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.
BULLISH DOWNSIDE GAP TWO RABBITS
Definition
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Greece ATHENS 97477.7857.1418.431.8616.57
KuwaitKSE 53360.00100.0015.330.0015.33
BangladeshDSE 23191082.6152.6310.260.429.84
NorwayOSE 2421887.5038.109.761.578.19
TurkeyBIST 1710658.8260.009.201.407.80
SwedenSTOCKHOLM 54362266.6761.118.280.897.39
ArgentinaBUE 76585.7183.337.830.507.33
EgyptEGX 42291769.0558.627.971.456.52
PakistanKSE 89613468.5455.747.621.496.13
IsraelTASE 66432966.6765.916.500.456.05
PhilippinesPSE 74357.1475.007.751.756.00
BelgiumBRUSSELS 54380.0075.004.750.004.75
USNASDAQ 38426915370.0556.885.281.074.21
Saudi ArabiaTADAWUL 2012960.0075.004.500.334.17
IndiaNSE 27819210269.0653.135.341.314.03
IndiaBSE 64441722564.7553.965.311.603.71
UKLSE 41630417573.0857.574.370.793.59
Hong KongHKEX 1551075569.0351.405.031.463.57
MalaysiaBURSA 2615657.6940.004.070.603.47
SpainIBEX 33241572.7362.503.880.753.13
Poland GPW 36211061.1145.454.271.233.05
IndonesiaIDX 1813772.2253.854.151.153.00
ChinaSZSE 2401538163.7552.944.381.442.94
The World 67894667257968.7955.224.081.162.92
ChinaSSE 1931348069.4359.703.720.902.82
USOTC PINK 44030714669.7747.565.652.942.72
AustraliaASX 90663473.3351.523.320.712.61
South KoreaKRX 2261659873.0159.393.320.802.52
South KoreaKOSDAQ 1911347370.6854.073.901.392.50
ThailandSET 27231485.1960.873.260.912.35
TaiwanGTSM 76542771.0550.003.000.762.24
JapanTOKYO 77648727862.7657.083.261.122.14
GermanyXETRA 24017610373.3358.522.940.832.11
USNYSE 54138120570.4353.812.780.752.03
SingaporeSGX 107370.0042.862.000.002.00
SwitzerlandSIX 55442880.0063.642.360.481.89
Vietnam HOSE 2316869.5750.003.441.561.88
UAEUAE 43275.0066.672.000.331.67
USAMEX 85543163.5357.412.330.781.56
NetherlandsAMSTERDAM 31201464.5270.001.750.201.55
BrazilBOVESPA 40261365.0050.002.921.381.54
ItalyBORSA 2051549175.1259.092.490.981.51
Austria WIENERBORSE 86375.0050.001.330.001.33
TaiwanTWSE 93612665.5942.622.200.921.28
QatarQE 64166.6725.002.251.001.25
MexicoBMV 38261368.4250.002.120.881.23
CanadaTSX 1651095966.0654.132.160.941.21
FrancePARIS 82462256.1047.831.780.800.98
USPREFERRED 50321764.0053.131.190.340.84
CanadaCSE 54180.0025.005.504.750.75
USWARRANTS 64166.6725.003.502.750.75
JapanFUKUOKA 221100.0050.000.500.000.50
TaiwanGTSM 1000.000.000.000.000.00
Vietnam HNX 43175.0033.331.001.000.00
JordanASE 110100.000.000.000.000.00
RussiaMICEX 2718566.6727.780.611.00-0.39
DenmarkCOPENHAGEN 2313656.5246.152.002.46-0.46
PortugalLISBON 110100.000.000.001.00-1.00
CanadaTSX-V 86175.0016.672.678.33-5.67
JapanNAGOYA 331100.0033.330.676.67-6.00
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

Disclaimers:

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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