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 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.
Pattern Performance in Stock Exchanges since 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
Vietnam HNX 41125.00100.
UAEUAE 53360.00100.007.670.007.67
JordanASE 221100.0050.006.500.506.00
PortugalLISBON 84250.0050.006.500.755.75
IsraelTASE 22181281.8266.676.000.395.61
CanadaTSX-V 2012460.0033.338.252.675.58
Greece ATHENS 85562.50100.004.600.004.60
ChinaSZSE 1471065872.1154.724.920.844.08
South KoreaKOSDAQ 1751177566.8664.104.500.913.58
MexicoBMV 199547.3755.563.890.673.22
SwedenSTOCKHOLM 51312160.7867.743.870.683.19
UKLSE 1701225671.7645.904.030.963.07
PakistanKSE 33231069.7043.485.302.612.70
Saudi ArabiaTADAWUL 1712670.5950.003.751.082.67
BrazilBOVESPA 35181051.4355.563.280.672.61
USAMEX 50391778.0043.593.510.972.54
TaiwanTWSE 129824463.5753.663.260.782.48
South KoreaKRX 1691195670.4147.063.200.742.46
IndiaNSE 1991286564.3250.783.581.122.46
CanadaTSX 118794466.9555.703.080.652.43
QatarQE 86375.0050.003.501.172.33
MalaysiaBURSA 29181062.0755.563.391.112.28
GermanyXETRA 106844779.2555.952.900.682.23
SpainIBEX 1512780.0058.332.750.672.08
Hong KongHKEX 1791185765.9248.313.421.372.05
DenmarkCOPENHAGEN 117463.6457.
The World 42742905145868.0650.
PhilippinesPSE 109290.0022.
IndiaBSE 32121410466.6748.603.541.671.86
NetherlandsAMSTERDAM 23171073.9158.822.060.241.82
AustraliaASX 68482970.5960.422.310.521.79
USNASDAQ 31022911473.8749.783.201.481.72
BangladeshDSE 53361367.9236.112.611.061.56
FrancePARIS 49311863.2758.061.940.451.48
USOTC PINK 1631124669.9440.354.573.121.45
TaiwanGTSM 82542765.8550.002.430.981.44
JapanTOKYO 33121210564.0549.532.260.951.31
Vietnam HOSE 2313556.5238.462.541.231.31
ThailandSET 3115848.3953.331.730.601.13
USNYSE 39727213368.7748.721.870.871.00
ArgentinaBUE 42150.0050.
IndonesiaIDX 147450.0057.141.430.431.00
ItalyBORSA 101754074.2653.332.001.001.00
Poland GPW 35251074.2938.462.231.270.96
ChinaSSE 93642868.8243.752.001.050.95
RussiaMICEX 2619973.0847.371.891.260.63
BelgiumBRUSSELS 105250.0040.000.800.400.40
TurkeyBIST 1712670.5950.001.581.250.33
SwitzerlandSIX 43341579.0744.
USPREFERRED 62421767.7440.480.330.45-0.12
NorwayOSE 1512380.0025.000.671.33-0.67
JapanNAGOYA 220100.
EgyptEGX 115245.4540.000.601.60-1.00
SingaporeSGX 1610362.5030.000.701.90-1.20
KuwaitKSE 95155.5620.001.602.80-1.20
Austria WIENERBORSE 221100.0050.001.503.00-1.50
OmanMSM 110100.
CanadaCSE 64166.6725.003.5011.25-7.75
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.