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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 32166.6750.0043.506.0037.50
Vietnam HNX 61116.67100.
PortugalLISBON 73242.8666.678.670.008.67
PakistanKSE 2516764.0043.7510.501.888.63
UAEUAE 42250.00100.005.500.005.50
CanadaTSX-V 2416666.6737.507.132.194.94
QatarQE 76485.7166.675.831.004.83
Greece ATHENS 128766.6787.504.750.254.50
MexicoBMV 179652.9466.674.670.444.22
IsraelTASE 2215968.1860.005.130.934.20
SwedenSTOCKHOLM 47282159.5775.004.500.504.00
CanadaTSX 106703766.0452.864.610.703.91
MalaysiaBURSA 29231579.3165.224.700.833.87
South KoreaKOSDAQ 1601106769.3860.364.631.043.59
USOTC PINK 1591175173.5843.596.803.303.50
UKLSE 1561195976.2849.584.130.843.29
GermanyXETRA 109905882.5764.443.470.443.02
TurkeyBIST 85362.5060.003.400.403.00
ThailandSET 2813746.4353.853.380.542.85
EgyptEGX 106460.0066.673.500.832.67
ChinaSZSE 1561075068.5946.733.420.822.60
TaiwanGTSM 76482263.1645.833.380.902.48
SpainIBEX 1511673.3354.553.000.552.45
Poland GPW 33281384.8546.433.110.792.32
TaiwanTWSE 124673854.0356.722.900.632.27
USAMEX 42351483.3340.003.140.912.23
BrazilBOVESPA 35181251.4366.672.830.612.22
Hong KongHKEX 144964266.6743.753.511.312.20
The World 40182788139969.4450.
NetherlandsAMSTERDAM 20171185.0064.712.290.182.12
IndiaNSE 1811145562.9848.253.321.222.11
BangladeshDSE 48351872.9251.432.910.862.06
IndiaBSE 2841969169.0146.433.661.711.95
South KoreaKRX 1741256071.8448.002.510.681.83
AustraliaASX 69512873.9154.902.450.671.78
FrancePARIS 52382473.0863.162.260.551.71
USNYSE 34224512771.6451.842.250.761.49
USNASDAQ 2701989773.3348.993.081.681.40
Saudi ArabiaTADAWUL 139469.2344.442.000.671.33
ChinaSSE 101783677.2346.152.170.951.22
JapanTOKYO 3302189766.0644.502.161.091.06
SwitzerlandSIX 40341885.0052.941.790.880.91
RussiaMICEX 29231282.7650.
ItalyBORSA 95693272.6346.381.581.000.58
PhilippinesPSE 1412285.7116.671.501.170.33
Austria WIENERBORSE 332100.0066.672.332.000.33
ArgentinaBUE 65383.3360.001.601.400.20
USPREFERRED 57371564.9140.540.350.49-0.14
IndonesiaIDX 117363.6442.861.431.57-0.14
BelgiumBRUSSELS 116254.5533.330.671.00-0.33
KuwaitKSE 86275.0033.332.833.33-0.50
DenmarkCOPENHAGEN 84250.0050.001.502.00-0.50
Vietnam HOSE 2112257.1416.670.581.50-0.92
JordanASE 110100.
SingaporeSGX 129375.0033.330.561.56-1.00
NorwayOSE 1614387.5021.430.001.79-1.79
JapanNAGOYA 110100.
OmanMSM 110100.
CanadaCSE 105250.0040.003.208.60-5.40
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.