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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
SpainIBEX 18131072.2276.926.320.116.20
Vietnam HNX 73242.8666.675.930.645.29
MalaysiaBURSA 35261574.2957.695.450.884.57
Saudi ArabiaTADAWUL 27181466.6777.784.680.194.49
TaiwanGTSM 76502367.1145.105.140.834.32
CanadaTSX 118744162.7155.415.000.704.30
TurkeyBIST 1611668.7554.555.090.834.26
IsraelTASE 26181169.2361.114.810.923.90
PhilippinesPSE 76285.7133.334.351.253.10
IndiaBSE 45130414667.4148.034.581.543.05
EgyptEGX 2012660.0050.004.461.472.99
South KoreaKOSDAQ 1611076266.4657.943.991.042.95
MexicoBMV 2115871.4353.334.091.192.90
SwedenSTOCKHOLM 58382565.5265.793.680.852.83
IndiaNSE 2001306365.0048.463.821.092.73
ChinaSZSE 2011387268.6652.173.590.912.68
Austria WIENERBORSE 84350.0075.002.770.112.66
BangladeshDSE 48301462.5046.674.121.532.59
JapanNAGOYA 21150.00100.002.560.002.56
USNASDAQ 39726412766.5048.114.241.772.47
Hong KongHKEX 1611044764.6045.194.251.842.41
UKLSE 2291537966.8151.633.150.922.22
ArgentinaBUE 2212754.5558.333.931.782.15
USOTC PINK 1921304369.2732.335.343.232.11
TaiwanTWSE 124713857.2653.522.750.652.10
The World 53213502175967.0449.313.221.182.04
ArgentinaBUE 111100.00100.
BrazilBOVESPA 58371963.7951.352.880.882.00
South KoreaKRX 1691165768.6449.142.790.871.92
GermanyXETRA 2091509271.7761.332.610.721.88
USAMEX 74502867.5756.002.610.801.81
Poland GPW 63492677.7853.
FrancePARIS 77543471.4361.822.350.771.58
SwitzerlandSIX 49392179.5953.851.960.481.48
JapanTOKYO 42929114567.8349.832.471.051.42
PortugalLISBON 94344.4475.001.720.311.42
ThailandSET 52301457.6946.672.060.721.35
USNYSE 47931616765.9752.852.110.811.29
ItalyBORSA 127824064.5748.782.040.911.13
AustraliaASX 108723066.6741.672.401.271.12
USFOREX 221100.0050.
UAEUAE 86275.0033.331.880.920.96
NetherlandsAMSTERDAM 24211187.5052.381.390.640.75
Vietnam HOSE 3218856.2544.442.011.340.67
SingaporeSGX 107370.0042.860.670.190.48
KuwaitKSE 2417770.8341.182.922.560.36
Greece ATHENS 98488.8950.
PakistanKSE 3319757.5836.842.342.150.19
ChinaSSE 1991345567.3441.041.461.310.15
USPREFERRED 590069.490.
RussiaMICEX 200080.
DenmarkCOPENHAGEN 110100.
JordanASE 1000.
ChileBCS 1000.
DenmarkCOPENHAGEN 103130.0033.330.710.88-0.17
BelgiumBRUSSELS 119581.8255.560.580.77-0.20
IndonesiaIDX 2215668.1840.001.371.60-0.23
NorwayOSE 2523592.0021.741.372.10-0.73
QatarQE 74257.1450.000.681.44-0.76
CanadaTSX-V 42291169.0537.932.323.13-0.81
CanadaCSE 157446.6757.143.043.96-0.92
OmanMSM 110100.
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


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