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 42250.00100.0018.000.0018.00
BangladeshDSE 1712670.5950.0014.170.6713.50
PhilippinesPSE 222100.00100.
CanadaCSE 43275.0066.6710.002.008.00
PakistanKSE 83523062.6557.697.791.486.31
ArgentinaBUE 32266.67100.005.500.005.50
Vietnam HOSE 1713876.4761.546.541.085.46
SwedenSTOCKHOLM 46301465.2246.676.101.334.77
EgyptEGX 31171254.8470.595.410.654.76
TaiwanGTSM 63432268.2551.164.980.814.16
BelgiumBRUSSELS 65583.33100.
SpainIBEX 1817994.4452.944.651.003.65
ChinaSZSE 1611005362.1153.005.211.573.64
ChinaSSE 137965670.0758.334.310.933.39
South KoreaKOSDAQ 1881418675.0060.994.481.113.37
QatarQE 107570.0071.433.430.143.29
IndiaBSE 54535118164.4051.574.831.673.16
IndiaNSE 2571929674.7150.004.371.432.94
IsraelTASE 59412569.4960.983.490.592.90
IndonesiaIDX 1811561.1145.454.181.362.82
AustraliaASX 74603281.0853.333.831.072.77
South KoreaKRX 2241659873.6659.393.520.922.59
TurkeyBIST 1912763.1658.333.330.832.50
UKLSE 33524813274.3353.013.180.752.43
USNASDAQ 32122112168.8554.753.160.822.34
The World 57513943211868.6553.653.351.152.20
JordanASE 111100.00100.
Hong KongHKEX 144934164.5844.093.511.561.95
JapanTOKYO 69846927567.1958.642.830.931.90
NorwayOSE 1512580.0041.673.581.751.83
TaiwanTWSE 95592562.1142.372.881.081.80
Vietnam HNX 53260.0066.671.670.001.67
USNYSE 52238320373.3753.002.350.761.59
CanadaTSX 1521054769.0844.762.350.921.43
MexicoBMV 2617865.3847.062.591.181.41
GermanyXETRA 2091387666.5154.681.940.721.22
ThailandSET 2416766.6743.752.751.631.13
SingaporeSGX 1511673.3354.551.730.641.09
ItalyBORSA 1831216766.1255.372.081.041.04
USPREFERRED 43251758.1468.
Austria WIENERBORSE 148457.1450.
UAEUAE 42150.0050.001.500.501.00
USAMEX 78523066.6757.691.961.000.96
NetherlandsAMSTERDAM 34221264.7154.551.360.410.95
BrazilBOVESPA 2819867.8642.112.211.320.89
RussiaMICEX 139669.2366.671.440.560.89
Saudi ArabiaTADAWUL 29171158.6264.711.710.820.88
SwitzerlandSIX 46312067.3964.521.290.420.87
DenmarkCOPENHAGEN 168450.0050.001.501.000.50
USOTC PINK 3312319870.6941.883.533.070.47
FrancePARIS 73452061.6444.441.071.020.04
TaiwanGTSM 1000.
JapanFUKUOKA 110100.
Poland GPW 2714651.8542.861.641.93-0.29
MalaysiaBURSA 1711364.7127.270.641.00-0.36
PortugalLISBON 21050.
JapanNAGOYA 43175.0033.330.001.00-1.00
Greece ATHENS 75171.4320.000.802.80-2.00
CanadaTSX-V 73042.860.000.009.00-9.00
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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