BULLISH STICK SANDWICH
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 STICK SANDWICH
Definition
This pattern has two black bodies with a white body between them. That is why it looks like a sandwich. The closing of both black candlesticks at the same level shows that a support price has been established.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. We see a black candlestick on the first day.
3. A white body that trades above the close of the previous black body follows.
4. The third day is a black day with a close equal to the first day.
Pattern Requirements and Flexibility
The Bullish Stick Sandwich starts with a strong black candlestick, and a white candlestick that opens at the previous close or at a higher level follows it. The white body closes above the black body of the first day. The third day opens with an upside gap but closes exactly at the same level with the first day’s close.
Trader’s Behavior
The market is testing new lows and it produces a black day. The following day unexpectedly opens higher and then trades higher all day, closing at or near its high. This action suggests that the downtrend has reversed and that short traders should be careful. The next day, prices open even higher, which should cause some short covering initially, but then prices drift lower to close at the same price as two days ago. Traders take note of the support price implied by the two same level closes.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint between the last two closes. 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 1/1/2020
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Greece ATHENS 111100.00100.007.870.007.87
DenmarkCOPENHAGEN 222100.00100.007.280.007.28
USAMEX 104240.0050.007.220.986.23
IndiaBSE 3715540.5433.336.721.575.16
FrancePARIS 2312652.1750.005.960.875.09
ItalyBORSA 209445.0044.446.031.284.75
NorwayOSE 85262.5040.006.141.644.50
ThailandSET 3313639.3946.155.591.214.38
USNYSE 74432958.1167.444.580.504.08
Saudi ArabiaTADAWUL 145335.7160.004.850.784.07
TurkeyBIST 2810535.7150.004.910.874.03
South KoreaKRX 43241255.8150.004.200.993.21
TaiwanTWSE 65372056.9254.053.330.712.62
Vietnam HOSE 123225.0066.674.201.612.59
NetherlandsAMSTERDAM 96266.6733.334.041.512.53
TaiwanGTSM 2513652.0046.153.641.122.52
ChinaSSE 47221446.8163.643.130.632.50
SwedenSTOCKHOLM 178447.0650.003.681.352.33
AustraliaASX 52291555.7751.723.641.382.26
IndonesiaIDX 229440.9144.444.652.452.21
The World 128261330948.2150.003.341.322.02
SingaporeSGX 32166.6750.002.480.462.02
BrazilBOVESPA 2512748.0058.333.381.372.01
JapanTOKYO 113553348.6760.002.650.652.00
USNASDAQ 81411750.6241.464.022.041.99
MalaysiaBURSA 1911557.8945.453.271.321.95
GermanyXETRA 33141042.4271.432.490.541.94
ChinaSZSE 60291548.3351.722.860.941.93
Poland GPW 117463.6457.143.171.291.87
UKLSE 34221364.7159.093.031.561.46
PakistanKSE 42150.0050.001.700.421.27
CanadaTSX 3913833.3361.541.630.601.04
SwitzerlandSIX 2110447.6240.002.091.220.87
EgyptEGX 332100.0066.672.171.500.67
BangladeshDSE 184122.2225.002.161.670.49
SpainIBEX 53260.0066.670.480.160.32
CanadaTSX-V 204220.0050.004.824.600.22
IsraelTASE 62133.3350.001.331.300.03
Vietnam HNX 1000.000.000.000.000.00
USWARRANTS 1000.000.000.000.000.00
USPREFERRED 60066.670.000.000.000.00
UKLSE 1000.000.000.000.000.00
USFOREX 111100.00100.000.000.000.00
PortugalLISBON 1000.000.000.000.000.00
DenmarkCOPENHAGEN 111100.00100.000.000.000.00
FOREXFOREX 1000.000.000.000.000.00
UAEUAE 2000.000.000.000.000.00
QatarQE 1000.000.000.000.000.00
KuwaitKSE 1000.000.000.000.000.00
South KoreaKOSDAQ 5022744.0031.821.612.25-0.64
USOTC PINK 2010655.0054.554.615.26-0.65
Hong KongHKEX 72341247.2235.291.722.51-0.79
IndiaNSE 4013332.5023.080.951.80-0.85
Austria WIENERBORSE 52040.000.000.000.91-0.91
ThailandSET 110100.000.000.001.00-1.00
ArgentinaBUE 442100.0050.000.271.46-1.19
PhilippinesPSE 440100.000.000.001.52-1.52
RussiaMICEX 41025.000.000.001.58-1.58
MexicoBMV 21050.000.000.001.93-1.93
BelgiumBRUSSELS 43175.0033.330.582.84-2.26
CanadaCSE 51020.000.000.003.03-3.03
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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