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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
PortugalLISBON 31133.33100.0024.000.0024.00
PakistanKSE 137353.8542.8620.572.5718.00
Vietnam HOSE 159260.0022.2214.001.3312.67
QatarQE 32166.6750.009.500.509.00
BrazilBOVESPA 156540.0083.336.000.175.83
CanadaTSX-V 1711464.7136.367.452.185.27
Greece ATHENS 86575.0083.334.830.004.83
SwedenSTOCKHOLM 31171254.8470.594.350.413.94
MalaysiaBURSA 1812866.6766.674.921.003.92
South KoreaKOSDAQ 105714267.6259.154.851.143.70
SpainIBEX 117463.6457.144.140.713.43
MexicoBMV 136346.1550.003.330.672.67
TurkeyBIST 83237.5066.672.670.002.67
UKLSE 104773274.0441.563.131.082.05
AustraliaASX 37291978.3865.522.450.412.03
Poland GPW 1917689.4735.292.880.882.00
NetherlandsAMSTERDAM 1510666.6760.
Saudi ArabiaTADAWUL 87387.5042.862.710.712.00
IndiaBSE 1911366671.2048.533.541.651.89
IndiaNSE 125824265.6051.
USOTC PINK 92673272.8347.765.163.371.79
TaiwanTWSE 73372250.6859.462.220.511.70
The World 2629181988969.3048.792.801.121.68
USAMEX 2419779.1736.843.051.421.63
South KoreaKRX 130944372.3145.742.210.671.54
GermanyXETRA 63482476.1950.002.020.581.44
CanadaTSX 77512666.2350.982.080.671.41
USNASDAQ 1741246772.9952.762.741.351.39
ChinaSZSE 97753477.3245.332.110.721.39
ChinaSSE 68532677.9449.062.280.911.38
USNYSE 2661899971.0552.382.050.721.33
ThailandSET 107370.0042.862.000.711.29
IsraelTASE 1411678.5754.552.361.271.09
BangladeshDSE 32221168.7550.001.910.861.05
Hong KongHKEX 90642771.1142.192.341.311.03
Austria WIENERBORSE 111100.00100.
ArgentinaBUE 221100.0050.
JapanTOKYO 2241405962.5042.
ItalyBORSA 56401871.4345.001.530.750.78
FrancePARIS 2717862.9647.061.410.760.65
PhilippinesPSE 1210283.3320.001.801.300.50
RussiaMICEX 1916784.2143.751.811.500.31
USPREFERRED 42271064.2937.040.440.220.22
TaiwanGTSM 56371666.0743.241.000.920.08
UAEUAE 1000.
Vietnam HNX 3000.
BelgiumBRUSSELS 105250.0040.000.801.00-0.20
DenmarkCOPENHAGEN 54280.0050.001.502.00-0.50
SwitzerlandSIX 2317873.9147.060.591.18-0.59
IndonesiaIDX 54280.0050.001.502.25-0.75
EgyptEGX 32166.6750.001.502.50-1.00
JordanASE 110100.
SingaporeSGX 106260.0033.330.672.33-1.67
JapanNAGOYA 110100.
OmanMSM 110100.
NorwayOSE 98288.8925.000.002.00-2.00
KuwaitKSE 32066.670.000.007.50-7.50
CanadaCSE 74057.140.000.0012.00-12.00
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


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.