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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
USFOREX 111100.00100.
SwedenSTOCKHOLM 441170.453.
The World 4696512367.570.720.070.020.05
JapanNAGOYA 30066.670.
ItalyBORSA 1070064.490.
IndiaNSE 1680063.
IndiaBSE 3850067.790.
IsraelTASE 250072.
IndonesiaIDX 210066.670.
Hong KongHKEX 1410066.670.
Greece ATHENS 110090.910.
FrancePARIS 640078.
SpainIBEX 130076.920.
DenmarkCOPENHAGEN 70028.570.
GermanyXETRA 1680075.
ChinaSZSE 1900068.420.
SwitzerlandSIX 400080.
CanadaTSX 920063.
CanadaCSE 210057.
CanadaTSX-V 400070.
BrazilBOVESPA 500064.
BelgiumBRUSSELS 90066.670.
BangladeshDSE 500058.
AustraliaASX 950065.
Austria WIENERBORSE 100050.
ArgentinaBUE 200055.
NorwayOSE 230095.650.
NetherlandsAMSTERDAM 200090.
MalaysiaBURSA 340073.530.
MexicoBMV 200070.
UAEUAE 81075.
Saudi ArabiaTADAWUL 200075.
QatarQE 70057.
KuwaitKSE 200065.
EgyptEGX 160062.500.
JordanASE 1000.
South KoreaKOSDAQ 1490069.800.
South KoreaKRX 1550067.
JapanTOKYO 3910068.540.
RussiaMICEX 261084.620.
PortugalLISBON 80037.500.
Poland GPW 550078.
PakistanKSE 280060.710.
PhilippinesPSE 90088.890.
ChileBCS 1000.
USNASDAQ 3520066.760.
USAMEX 560069.640.
UKLSE 1970069.
TaiwanGTSM 760064.470.
TaiwanTWSE 1100054.550.
TurkeyBIST 120083.330.
ThailandSET 460056.520.
SingaporeSGX 100060.
Vietnam HOSE 270059.
Vietnam HNX 90055.560.
USPREFERRED 590069.490.
USOTC PINK 1660070.480.
USNYSE 4141065.940.
ChinaSSE 1851067.570.000.000.01-0.01
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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