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 1/1/2015
Stock Exchange 
Per Trade 
Total Net% Descending
KuwaitKSE 31133.33100.0025.000.0025.00
PhilippinesPSE 111100.00100.0017.000.0017.00
CanadaCSE 332100.0066.6712.671.6711.00
PakistanKSE 63392561.9064.109.671.108.56
ArgentinaBUE 31133.33100.
TaiwanGTSM 56372266.0759.465.920.625.30
SpainIBEX 119881.8288.895.670.445.22
SwedenSTOCKHOLM 39241161.5445.836.291.504.79
IndonesiaIDX 139669.2366.675.671.004.67
EgyptEGX 25151060.0066.675.200.674.53
AustraliaASX 59462977.9763.045.090.594.50
IndiaBSE 42927915865.0356.635.431.324.11
ChinaSSE 111765368.4769.744.800.704.11
ChinaSZSE 119734861.3465.754.990.924.07
South KoreaKOSDAQ 135996873.3368.694.920.884.04
QatarQE 107570.0071.433.860.003.86
IsraelTASE 49342469.3970.594.210.473.74
IndiaNSE 1951478375.3856.464.801.073.73
UKLSE 26619311472.5659.073.630.493.14
South KoreaKRX 1641208173.1767.503.660.643.02
USNASDAQ 26817811866.4266.293.430.512.92
The World 44603052183668.4560.143.630.872.76
JapanTOKYO 57638125366.1566.403.430.752.68
BangladeshDSE 106360.0050.002.830.172.67
BelgiumBRUSSELS 54480.00100.002.500.002.50
TurkeyBIST 1610662.5060.002.900.502.40
RussiaMICEX 75471.4380.002.800.402.40
Vietnam HOSE 1613781.2553.853.310.922.38
CanadaTSX 126844666.6754.762.960.602.37
Hong KongHKEX 111754067.5753.333.411.272.15
BrazilBOVESPA 22171077.2758.822.590.532.06
USNYSE 43532619874.9460.742.660.632.03
UAEUAE 42150.0050.
JordanASE 111100.00100.
Austria WIENERBORSE 63150.0033.332.000.002.00
TaiwanTWSE 79472359.4948.942.871.021.85
GermanyXETRA 139985070.5051.021.940.651.29
Saudi ArabiaTADAWUL 26161261.5475.002.000.751.25
ItalyBORSA 143935465.0358.061.960.891.06
USOTC PINK 2141567573.3647.773.212.191.02
Vietnam HNX 32266.67100.
USPREFERRED 44271861.3666.671.220.260.96
SwitzerlandSIX 35221462.8663.641.410.450.95
DenmarkCOPENHAGEN 117563.6471.431.570.710.86
USAMEX 45261157.7842.311.881.040.85
MexicoBMV 2215868.1853.331.871.070.80
ThailandSET 2114666.6742.862.501.710.79
NorwayOSE 117263.6428.572.141.430.71
NetherlandsAMSTERDAM 2616761.5443.750.690.440.25
FrancePARIS 48341770.8350.001.060.850.21
MalaysiaBURSA 159560.0055.561.000.890.11
Poland GPW 2513552.0038.461.851.770.08
JapanFUKUOKA 111100.00100.
TaiwanGTSM 1000.
PortugalLISBON 21050.
SingaporeSGX 107470.0057.140.711.00-0.29
JapanNAGOYA 43175.0033.330.000.33-0.33
Greece ATHENS 75271.4340.001.001.60-0.60
CanadaTSX-V 52040.000.000.0012.00-12.00
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


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