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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
QatarQE 21150.00100.007.000.007.00
IndiaBSE 4415634.0940.008.401.536.87
FrancePARIS 2511644.0054.556.640.735.91
Vietnam HNX 21150.00100.005.000.005.00
DenmarkCOPENHAGEN 43375.00100.005.000.005.00
ItalyBORSA 2211650.0054.555.360.914.45
IsraelTASE 73242.8666.674.000.004.00
South KoreaKRX 49191138.7857.894.470.633.84
ThailandSET 3115548.3933.334.671.133.53
EgyptEGX 222100.00100.003.500.003.50
RussiaMICEX 52140.0050.004.501.003.50
USNYSE 97603961.8665.003.850.483.37
Vietnam HOSE 73242.8666.674.000.673.33
TaiwanTWSE 57301652.6353.333.930.773.17
IndonesiaIDX 2611542.3145.455.002.003.00
Saudi ArabiaTADAWUL 146342.8650.004.001.003.00
SingaporeSGX 64266.6750.003.000.252.75
BrazilBOVESPA 2413854.1761.544.001.312.69
AustraliaASX 48231047.9243.484.351.742.61
TaiwanGTSM 2612646.1550.003.170.582.58
South KoreaKOSDAQ 5221940.3842.864.051.672.38
ChinaSZSE 50261752.0065.383.120.772.35
ChinaSSE 42171140.4864.712.760.592.18
MalaysiaBURSA 2210445.4540.003.501.502.00
GermanyXETRA 36181150.0061.113.111.112.00
UKLSE 34231267.6552.173.131.391.74
The World 134965932448.9349.093.131.391.73
TurkeyBIST 2912641.3850.002.921.251.67
NetherlandsAMSTERDAM 107270.0028.572.711.141.57
JapanTOKYO 122613350.0054.102.480.951.52
USAMEX 93133.3333.332.671.331.33
SwitzerlandSIX 2412650.0050.002.251.001.25
USNASDAQ 92412044.5748.782.511.441.07
SwedenSTOCKHOLM 2316669.5737.502.061.190.88
SpainIBEX 32166.6750.000.500.000.50
IndiaNSE 4518540.0027.782.001.610.39
CanadaTSX 4520944.4445.001.401.250.15
Hong KongHKEX 71361450.7038.892.001.860.14
USWARRANTS 1000.000.000.000.000.00
USPREFERRED 64166.6725.000.750.750.00
USFOREX 111100.00100.000.000.000.00
NorwayOSE 53160.0033.330.670.670.00
KuwaitKSE 1000.000.000.000.000.00
UKLSE 1000.000.000.000.000.00
FOREXFOREX 1000.000.000.000.000.00
BangladeshDSE 205125.0020.001.801.800.00
DenmarkCOPENHAGEN 111100.00100.000.000.000.00
UAEUAE 1000.000.000.000.000.00
Greece ATHENS 1000.000.000.000.000.00
Poland GPW 119381.8233.331.441.67-0.22
Austria WIENERBORSE 21050.000.000.001.00-1.00
ThailandSET 110100.000.000.001.00-1.00
PakistanKSE 31033.330.000.001.00-1.00
ArgentinaBUE 54280.0050.000.251.50-1.25
PhilippinesPSE 87187.5014.290.002.00-2.00
MexicoBMV 41025.000.000.002.00-2.00
BelgiumBRUSSELS 43175.0033.330.673.00-2.33
CanadaCSE 52040.000.000.003.50-3.50
CanadaTSX-V 143121.4333.331.006.67-5.67
USOTC PINK 3217556.2527.780.949.39-8.44
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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