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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
UAEUAE 42250.00100.0010.000.0010.00
Vietnam HNX 41125.00100.009.000.009.00
PortugalLISBON 53260.0066.678.001.007.00
CanadaTSX-V 2212554.5541.678.252.086.17
JordanASE 221100.0050.006.500.506.00
IsraelTASE 20161080.0062.505.310.444.88
Greece ATHENS 85562.50100.004.600.004.60
SwedenSTOCKHOLM 45271960.0070.374.000.593.41
South KoreaKOSDAQ 1631076765.6462.624.360.953.40
ChinaSZSE 1351005574.0755.004.100.843.26
PakistanKSE 31211067.7447.625.812.573.24
MexicoBMV 199547.3755.563.890.673.22
BrazilBOVESPA 3015950.0060.003.800.733.07
Saudi ArabiaTADAWUL 1712670.5950.003.751.082.67
IndiaNSE 1921216263.0251.243.741.102.64
TaiwanTWSE 124764261.2955.263.140.712.43
South KoreaKRX 1601155271.8845.223.170.772.41
QatarQE 75271.4340.003.801.402.40
USAMEX 46341673.9147.063.411.032.38
UKLSE 1611155171.4344.353.320.962.37
MalaysiaBURSA 29181062.0755.563.391.112.28
PhilippinesPSE 98288.8925.003.501.252.25
SpainIBEX 1512780.0058.332.750.672.08
DenmarkCOPENHAGEN 117463.6457.143.291.292.00
CanadaTSX 114764166.6753.952.610.671.93
USNASDAQ 30622311872.8852.913.241.441.80
The World 40662742137267.4950.002.931.141.79
IndiaBSE 3112069966.2448.063.481.701.78
Hong KongHKEX 1741185667.8247.463.151.381.77
AustraliaASX 65452869.2362.222.240.491.76
USOTC PINK 1571054368.1540.195.013.291.72
Vietnam HOSE 2112557.1441.672.751.081.67
TaiwanGTSM 80542767.5050.002.430.981.44
NetherlandsAMSTERDAM 24171070.8358.821.650.241.41
JapanTOKYO 32620710263.5049.282.160.921.24
GermanyXETRA 92703576.0950.001.970.801.17
ThailandSET 3115848.3953.331.730.601.13
ArgentinaBUE 42150.0050.002.001.001.00
IndonesiaIDX 147450.0057.141.430.431.00
BangladeshDSE 49321165.3134.382.091.130.97
ChinaSSE 89612768.5444.262.031.080.95
ItalyBORSA 99743874.7551.351.961.010.95
USNYSE 39827113968.0951.291.720.780.94
Poland GPW 3122770.9731.822.181.500.68
FrancePARIS 44271461.3651.851.110.520.59
BelgiumBRUSSELS 105250.0040.000.800.400.40
RussiaMICEX 2418875.0044.441.281.33-0.06
USPREFERRED 62411666.1339.020.340.46-0.12
SwitzerlandSIX 41321478.0543.750.841.03-0.19
TurkeyBIST 1510566.6750.001.001.30-0.30
NorwayOSE 1411378.5727.270.731.45-0.73
JapanNAGOYA 220100.000.000.001.00-1.00
SingaporeSGX 159360.0033.331.002.11-1.11
KuwaitKSE 85162.5020.001.602.80-1.20
OmanMSM 110100.000.000.002.00-2.00
EgyptEGX 73042.860.000.002.67-2.67
Austria WIENERBORSE 110100.000.000.006.00-6.00
CanadaCSE 75171.4320.003.209.80-6.60
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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