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 1/1/2020
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USFOREX 111100.00100.002.000.002.00
SwedenSTOCKHOLM 451171.113.130.170.000.17
The World 4314502367.360.790.080.020.06
JapanNAGOYA 30066.670.000.000.000.00
ItalyBORSA 990065.660.000.000.000.00
IndiaNSE 1470062.590.000.000.000.00
IndiaBSE 3520066.760.000.000.000.00
IsraelTASE 230073.910.000.000.000.00
IndonesiaIDX 200065.000.000.000.000.00
Hong KongHKEX 1300066.150.000.000.000.00
Greece ATHENS 100090.000.000.000.000.00
FrancePARIS 640075.000.000.000.000.00
SpainIBEX 110081.820.000.000.000.00
DenmarkCOPENHAGEN 70028.570.000.000.000.00
GermanyXETRA 1560073.720.000.000.000.00
ChinaSZSE 1810068.510.000.000.000.00
ChinaSSE 1650067.270.000.000.000.00
ChileBCS 1000.000.000.000.000.00
SwitzerlandSIX 380078.950.000.000.000.00
CanadaTSX 830062.650.000.000.000.00
CanadaCSE 200060.000.000.000.000.00
CanadaTSX-V 350068.570.000.000.000.00
BrazilBOVESPA 480066.670.000.000.000.00
BelgiumBRUSSELS 90066.670.000.000.000.00
BangladeshDSE 490059.180.000.000.000.00
AustraliaASX 810066.670.000.000.000.00
Austria WIENERBORSE 50060.000.000.000.000.00
ArgentinaBUE 160056.250.000.000.000.00
NorwayOSE 2100100.000.000.000.000.00
NetherlandsAMSTERDAM 190089.470.000.000.000.00
MalaysiaBURSA 330075.760.000.000.000.00
MexicoBMV 190068.420.000.000.000.00
UAEUAE 81075.000.000.000.000.00
Saudi ArabiaTADAWUL 190073.680.000.000.000.00
QatarQE 70057.140.000.000.000.00
KuwaitKSE 190063.160.000.000.000.00
EgyptEGX 160062.500.000.000.000.00
JordanASE 1000.000.000.000.000.00
South KoreaKOSDAQ 1350067.410.000.000.000.00
South KoreaKRX 1490067.110.000.000.000.00
JapanTOKYO 3640068.960.000.000.000.00
Vietnam HOSE 220063.640.000.000.000.00
Vietnam HNX 80050.000.000.000.000.00
USWARRANTS 40075.000.000.000.000.00
USPREFERRED 590069.490.000.000.000.00
USOTC PINK 1430067.830.000.000.000.00
RussiaMICEX 251088.000.000.000.000.00
PortugalLISBON 70028.570.000.000.000.00
Poland GPW 530077.360.000.000.000.00
PakistanKSE 280060.710.000.000.000.00
PhilippinesPSE 90088.890.000.000.000.00
USAMEX 510070.590.000.000.000.00
UKLSE 1770068.930.000.000.000.00
TaiwanGTSM 720062.500.000.000.000.00
TaiwanTWSE 1010052.480.000.000.000.00
TurkeyBIST 120083.330.000.000.000.00
ThailandSET 410060.980.000.000.000.00
SingaporeSGX 90055.560.000.000.000.00
USNASDAQ 3130066.450.000.000.000.00
USNYSE 3721065.860.000.000.000.00
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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