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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
PortugalLISBON 21150.00100.0024.000.0024.00
PakistanKSE 107370.0042.8620.572.5718.00
Vietnam HOSE 128266.6725.0015.751.3814.38
QatarQE 32166.6750.009.500.509.00
Greece ATHENS 75571.43100.005.800.005.80
BrazilBOVESPA 157546.6771.435.140.294.86
CanadaTSX-V 1712470.5933.336.832.084.75
SpainIBEX 117463.6457.144.570.713.86
South KoreaKOSDAQ 96643766.6757.814.881.163.72
SwedenSTOCKHOLM 27141051.8571.433.500.433.07
UAEUAE 21150.00100.003.000.003.00
TurkeyBIST 52140.0050.003.000.003.00
MexicoBMV 136346.1550.003.330.672.67
MalaysiaBURSA 159660.0066.673.000.442.56
Poland GPW 16165100.0031.252.940.942.00
ArgentinaBUE 211100.0050.002.000.002.00
NetherlandsAMSTERDAM 1510666.6760.002.000.002.00
USOTC PINK 81593072.8450.855.103.141.97
UKLSE 97752977.3238.673.111.241.87
IndiaNSE 116784067.2451.283.101.271.83
AustraliaASX 36281877.7864.292.290.461.82
IndiaBSE 1711245872.5146.773.531.741.79
ChinaSSE 47331670.2148.482.670.911.76
TaiwanTWSE 67372255.2259.462.220.491.73
The World 2337162077969.4548.002.851.141.70
CanadaTSX 67442365.6752.272.360.661.70
USNASDAQ 1521085972.3753.643.001.421.58
South KoreaKRX 109763369.7243.422.290.721.57
Saudi ArabiaTADAWUL 76285.7133.332.330.831.50
Hong KongHKEX 76532269.7441.512.551.151.40
GermanyXETRA 60452275.0048.891.910.531.38
USAMEX 2114566.6735.713.141.791.36
USNYSE 2431758972.0250.862.080.781.30
BangladeshDSE 27201074.0750.002.100.801.30
ChinaSZSE 69512273.9143.141.940.801.14
IsraelTASE 1310576.9250.002.401.401.00
Austria WIENERBORSE 111100.00100.001.000.001.00
JapanTOKYO 2001305365.0040.772.071.120.95
ItalyBORSA 57411971.9346.341.540.730.80
PhilippinesPSE 1210283.3320.001.801.300.50
FrancePARIS 2113661.9046.151.151.000.15
TaiwanGTSM 53351566.0442.861.030.910.11
USPREFERRED 3722859.4636.360.360.270.09
Vietnam HNX 2000.000.000.000.000.00
ThailandSET 96266.6733.330.670.83-0.17
BelgiumBRUSSELS 94144.4425.001.001.25-0.25
DenmarkCOPENHAGEN 65383.3360.001.201.60-0.40
RussiaMICEX 1613581.2538.461.311.77-0.46
SwitzerlandSIX 2116876.1950.000.631.19-0.56
IndonesiaIDX 54280.0050.001.502.25-0.75
EgyptEGX 32166.6750.001.502.50-1.00
JordanASE 110100.000.000.001.00-1.00
SingaporeSGX 96266.6733.330.672.17-1.50
JapanNAGOYA 110100.000.000.002.00-2.00
NorwayOSE 87187.5014.290.002.29-2.29
KuwaitKSE 21050.000.000.007.00-7.00
CanadaCSE 63050.000.000.0013.33-13.33
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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