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 32166.6750.0016.506.0010.50
PortugalLISBON 73242.8666.678.670.008.67
PakistanKSE 2718966.6750.009.891.678.22
UAEUAE 42250.00100.005.500.005.50
QatarQE 76485.7166.675.831.004.83
SwedenSTOCKHOLM 48282158.3375.004.500.504.00
Greece ATHENS 139869.2388.894.220.224.00
IsraelTASE 2316969.5756.254.810.883.94
USOTC PINK 1771295372.8841.097.133.253.88
MalaysiaBURSA 29231579.3165.224.700.833.87
TurkeyBIST 95466.6766.674.170.333.83
CanadaTSX-V 2416666.6737.505.942.193.75
CanadaTSX 108723766.6751.394.560.823.74
South KoreaKOSDAQ 1571066567.5261.324.761.033.74
MexicoBMV 2012860.0066.673.830.333.50
UKLSE 1641276477.4450.394.130.853.28
Vietnam HNX 82125.0050.004.501.503.00
GermanyXETRA 115926080.0065.223.430.462.98
EgyptEGX 106460.0066.673.500.832.67
Hong KongHKEX 1511014366.8942.573.951.362.59
ChinaSZSE 1671175570.0647.013.400.862.54
SpainIBEX 1511673.3354.553.000.552.45
TaiwanGTSM 80522565.0048.083.210.852.37
IndiaNSE 1851175763.2448.723.441.112.33
ThailandSET 3116851.6150.002.880.562.31
IndiaBSE 31121410168.8147.203.951.682.27
TaiwanTWSE 126683853.9755.882.850.652.21
USAMEX 46381682.6142.113.000.842.16
The World 42122925146369.5449.953.251.112.14
BangladeshDSE 49361873.4750.002.830.861.97
Poland GPW 35301385.7143.332.901.031.87
South KoreaKRX 1791286171.5147.662.460.681.78
NetherlandsAMSTERDAM 21181185.7161.112.170.391.78
BrazilBOVESPA 41221353.6659.092.450.681.77
FrancePARIS 58422672.4161.902.240.641.60
USNASDAQ 27720610274.3749.513.221.651.57
AustraliaASX 73552975.3452.732.290.731.56
USNYSE 35925913572.1452.122.130.721.41
Saudi ArabiaTADAWUL 139469.2344.442.000.671.33
ChinaSSE 107803774.7746.252.140.961.18
JapanTOKYO 35523010164.7943.912.071.110.96
SwitzerlandSIX 43371886.0548.651.650.810.84
RussiaMICEX 32261387.5046.431.711.110.61
ArgentinaBUE 64383.3360.001.601.000.60
ItalyBORSA 97693271.1346.381.580.990.59
PhilippinesPSE 1412285.7116.671.501.170.33
Austria WIENERBORSE 332100.0066.672.332.000.33
USPREFERRED 55371567.2740.540.430.270.16
IndonesiaIDX 128466.6750.001.381.380.00
BelgiumBRUSSELS 106260.0033.330.671.00-0.33
SingaporeSGX 118372.7337.500.631.13-0.50
KuwaitKSE 116254.5533.332.833.33-0.50
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
CanadaCSE 116354.5550.006.007.17-1.17
NorwayOSE 1816488.8925.000.311.63-1.31
JapanNAGOYA 21050.000.000.002.00-2.00
OmanMSM 110100.000.000.002.00-2.00
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

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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