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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
PortugalLISBON 21150.00100.0024.000.0024.00
JordanASE 111100.00100.0013.000.0013.00
IsraelTASE 25191476.0073.686.580.536.05
Vietnam HNX 52240.00100.006.000.006.00
CanadaTSX-V 2412550.0041.678.252.675.58
Greece ATHENS 96666.67100.005.330.005.33
PakistanKSE 39271569.2355.566.071.934.15
BrazilBOVESPA 31161251.6175.004.130.134.00
South KoreaKOSDAQ 1681157068.4560.874.420.953.47
IndiaNSE 1841206265.2251.674.601.173.43
JapanNAGOYA 331100.0033.334.000.673.33
Saudi ArabiaTADAWUL 169456.2544.443.560.443.11
ChinaSZSE 135925168.1555.433.780.743.04
UAEUAE 53260.0066.676.673.673.00
TaiwanTWSE 111734265.7757.533.250.602.64
QatarQE 65283.3340.004.001.402.60
UKLSE 1851326471.3548.483.390.862.52
South KoreaKRX 1941427373.2051.412.920.732.18
IndiaBSE 31921710368.0347.473.611.562.06
NetherlandsAMSTERDAM 24181175.0061.112.220.222.00
USAMEX 48351672.9245.713.001.061.94
CanadaTSX 125894871.2053.932.340.401.93
The World 42662913147468.2850.602.941.071.87
USNASDAQ 30721711370.6852.073.081.241.84
SpainIBEX 1612675.0050.002.500.671.83
ItalyBORSA 98633364.2952.382.630.811.83
MalaysiaBURSA 30221273.3354.553.051.271.77
DenmarkCOPENHAGEN 108480.0050.002.881.131.75
JapanTOKYO 37324312565.1551.442.630.911.73
AustraliaASX 72523372.2263.462.120.461.65
USNYSE 45031617170.2254.112.300.671.64
Hong KongHKEX 1711185369.0144.923.051.481.57
BangladeshDSE 46321169.5734.382.471.001.47
GermanyXETRA 92653770.6556.922.060.651.42
PhilippinesPSE 65183.3320.002.801.401.40
FrancePARIS 44231252.2752.171.830.651.17
SwedenSTOCKHOLM 44291765.9158.622.861.721.14
ThailandSET 2316969.5756.251.440.630.81
MexicoBMV 1910452.6340.001.700.900.80
RussiaMICEX 27221181.4850.002.051.410.64
TaiwanGTSM 82552467.0743.641.731.110.62
ChinaSSE 105783274.2941.031.791.180.62
NorwayOSE 1711464.7136.361.551.360.18
USPREFERRED 53391473.5835.900.440.260.18
ArgentinaBUE 32166.6750.002.002.000.00
TurkeyBIST 2112557.1441.671.421.50-0.08
BelgiumBRUSSELS 116354.5550.000.670.83-0.17
SwitzerlandSIX 41291170.7337.930.620.93-0.31
Poland GPW 3426776.4726.921.812.15-0.35
IndonesiaIDX 1912463.1633.330.751.33-0.58
Vietnam HOSE 2313356.5223.080.851.46-0.62
SingaporeSGX 148357.1437.501.001.63-0.63
USOTC PINK 138873063.0434.482.943.62-0.68
Austria WIENERBORSE 230150.000.000.001.00-1.00
OmanMSM 110100.000.000.002.00-2.00
EgyptEGX 113127.2733.331.674.67-3.00
KuwaitKSE 31033.330.000.007.00-7.00
CanadaCSE 73042.860.000.0013.67-13.67
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

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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