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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 43275.0066.6711.671.0010.67
PortugalLISBON 83337.50100.0010.000.0010.00
JordanASE 32166.6750.008.000.008.00
USAMEX 52371571.1540.547.430.866.57
IsraelTASE 25191176.0057.896.371.165.21
PakistanKSE 3017856.6747.066.761.595.18
CanadaTSX 92542958.7053.705.570.694.89
EgyptEGX 137453.8557.145.861.144.71
USOTC PINK 1921335869.2743.617.223.523.70
UAEUAE 63250.0066.673.670.003.67
IndiaBSE 3041939663.4949.745.151.563.59
Vietnam HNX 72128.5750.005.001.503.50
MalaysiaBURSA 33261778.7965.384.350.853.50
Hong KongHKEX 142904563.3850.004.681.283.40
UKLSE 1611186273.2952.543.860.603.25
TaiwanGTSM 80532766.2550.944.110.913.21
South KoreaKOSDAQ 152965163.1653.133.921.152.77
GermanyXETRA 125976577.6067.013.180.442.73
SpainIBEX 97377.7842.863.290.712.57
ThailandSET 35201057.1450.003.200.652.55
PhilippinesPSE 1211291.6718.183.821.272.55
ChinaSZSE 1811276870.1753.543.390.902.50
TaiwanTWSE 109583453.2158.623.030.572.47
USNASDAQ 2761969471.0147.964.111.712.40
Greece ATHENS 119781.8277.782.890.562.33
The World 42682859143467.0350.123.431.122.32
South KoreaKRX 1621115868.5252.252.880.612.27
MexicoBMV 2012860.0066.672.920.672.25
CanadaCSE 2111752.3863.645.553.362.18
BrazilBOVESPA 49291659.1855.172.830.662.17
Saudi ArabiaTADAWUL 19141073.6871.432.290.212.07
Austria WIENERBORSE 53260.0066.672.330.332.00
USFOREX 111100.00100.002.000.002.00
RussiaMICEX 23171078.2655.562.670.672.00
IndiaNSE 156973862.1839.182.981.041.94
TurkeyBIST 1110590.9150.002.100.301.80
FrancePARIS 56442778.5761.362.410.701.70
SwedenSTOCKHOLM 49342271.4362.862.941.291.66
BangladeshDSE 54361366.6736.112.581.081.50
USNYSE 34424012269.7750.832.180.681.50
AustraliaASX 79532467.0945.282.431.041.40
JapanTOKYO 35323410766.2945.732.401.021.38
Poland GPW 42331478.5742.422.701.421.27
NetherlandsAMSTERDAM 2018990.0050.001.720.501.22
SwitzerlandSIX 43301669.7753.331.770.571.20
SingaporeSGX 73142.8633.331.000.001.00
DenmarkCOPENHAGEN 82125.0050.002.001.001.00
ItalyBORSA 101673266.3447.761.610.850.76
ChinaSSE 131904368.7047.781.741.080.67
NorwayOSE 2119690.4831.581.681.050.63
Vietnam HOSE 2215668.1840.001.871.470.40
IndonesiaIDX 138361.5437.501.131.130.00
ChileBCS 1000.000.000.000.000.00
USPREFERRED 55391570.9138.460.280.36-0.08
ArgentinaBUE 138461.5450.002.252.38-0.13
BelgiumBRUSSELS 125241.6740.000.401.00-0.60
QatarQE 74257.1450.000.501.50-1.00
KuwaitKSE 2112457.1433.331.583.17-1.58
CanadaTSX-V 2819867.8642.111.583.26-1.68
JapanNAGOYA 21050.000.000.002.00-2.00
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.

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.