BULLISH UNIQUE THREE RIVER BOTTOM
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 UNIQUE THREE RIVER BOTTOM
Definition
This is a three-candlestick pattern that somewhat looks like the Bullish Morning Star. It appears in a downtrend. The first day’s black candlestick engulfs the following small black body, which characteristically has a long lower shadow. The pattern is completed by a small white body, which closes below the close of the second day.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black candlestick is observed on the first day.
3. The second day is a black body that opens higher, trades at a new low, and then closes near the high.
4. The third day is a short white day below the second day.
Pattern Requirements and Flexibility
The Bullish Unique Three River Bottom should start with a strong black candlestick, and a short black candlestick that opens higher must follow it. The second day must trade at a new low, causing a long lower shadow that reaches lower than the previous day’s low. The body of this candlestick should be engulfed by the first day. The final and the third day of the pattern must be a short white body that is below the second day’s body.
Trader’s Behavior
The market is testing new lows and it produces a black day. The following day unexpectedly opens higher, however the bears show their strength and cause new lows to be reached during the day. The day closes near its open, leading to the formation of a short black candlestick. The strength of the bears is in question and indecision prevails in the market. On the next day, a small white body appears and ensures that the bears are losing strength.
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 lower of the last two lows. 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
USWARRANTS 111100.00100.0087.000.0087.00
Vietnam HNX 51120.00100.009.000.009.00
PortugalLISBON 73242.8666.678.670.008.67
PakistanKSE 2416766.6743.7510.501.888.63
UAEUAE 42250.00100.005.500.005.50
Greece ATHENS 128766.6787.504.750.254.50
MexicoBMV 168550.0062.504.750.504.25
IsraelTASE 2315965.2260.005.130.934.20
CanadaTSX 103693766.9953.624.700.684.01
MalaysiaBURSA 29231579.3165.224.700.833.87
USOTC PINK 1481094873.6544.047.163.303.85
SwedenSTOCKHOLM 48292060.4268.974.210.723.48
South KoreaKOSDAQ 1561086669.2361.114.411.003.41
UKLSE 1551185876.7748.744.180.833.35
USAMEX 41341482.9341.184.120.883.24
CanadaTSX-V 2215568.1833.335.472.333.13
TurkeyBIST 85362.5060.003.400.403.00
QatarQE 65383.3360.004.201.203.00
GermanyXETRA 102794777.4559.493.370.522.85
ChinaSZSE 1491044969.8047.123.500.822.68
EgyptEGX 106460.0066.673.500.832.67
SpainIBEX 1511673.3354.553.000.552.45
TaiwanTWSE 121653753.7256.922.950.632.32
BrazilBOVESPA 33171151.5264.712.940.652.29
Poland GPW 32281387.5046.433.070.792.29
Hong KongHKEX 142954266.9044.213.561.412.15
The World 38922688134569.0950.023.241.112.13
BangladeshDSE 48351872.9251.432.910.862.06
TaiwanGTSM 76472161.8444.682.960.912.04
AustraliaASX 65482773.8556.252.600.562.04
NetherlandsAMSTERDAM 20161080.0062.502.190.192.00
ThailandSET 2612746.1558.332.330.421.92
IndiaBSE 2721898669.4945.503.641.731.91
IndiaNSE 1781125462.9248.213.081.181.90
FrancePARIS 47291761.7058.622.410.551.86
South KoreaKRX 1691225872.1947.542.480.671.81
USNASDAQ 2571879672.7651.343.211.631.59
USNYSE 33824412772.1952.052.270.751.52
Saudi ArabiaTADAWUL 128366.6737.502.000.751.25
ChinaSSE 98753576.5346.672.150.951.20
JapanTOKYO 3172079365.3044.932.161.091.07
RussiaMICEX 27221181.4850.002.051.320.73
SwitzerlandSIX 38321684.2150.001.530.940.59
ItalyBORSA 91632869.2344.441.571.060.51
PhilippinesPSE 1412285.7116.671.501.170.33
ArgentinaBUE 65383.3360.001.601.400.20
USPREFERRED 58381665.5242.110.370.45-0.08
IndonesiaIDX 107370.0042.861.431.57-0.14
BelgiumBRUSSELS 116254.5533.330.671.00-0.33
KuwaitKSE 86275.0033.332.833.33-0.50
DenmarkCOPENHAGEN 84250.0050.001.502.00-0.50
Vietnam HOSE 2011255.0018.180.641.45-0.82
JordanASE 110100.000.000.001.00-1.00
SingaporeSGX 129375.0033.330.561.56-1.00
NorwayOSE 1412485.7133.330.081.50-1.42
Austria WIENERBORSE 221100.0050.001.503.00-1.50
JapanNAGOYA 110100.000.000.002.00-2.00
OmanMSM 110100.000.000.002.00-2.00
CanadaCSE 105250.0040.003.208.60-5.40
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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