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 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.
Pattern Performance in Stock Exchanges since 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
IndonesiaIDX 42150.0050.0014.001.5012.50
ChinaSSE 51120.00100.0010.000.0010.00
IsraelTASE 111100.00100.
RussiaMICEX 42250.00100.005.500.005.50
USAMEX 53360.00100.005.330.005.33
USNASDAQ 54241344.4454.176.331.295.04
Vietnam HNX 21150.00100.
FrancePARIS 105250.0040.005.801.404.40
South KoreaKOSDAQ 2612746.1558.334.750.923.83
IndiaBSE 188544.4462.505.381.753.63
BrazilBOVESPA 85362.5060.004.200.603.60
CanadaTSX-V 52240.00100.003.500.003.50
TaiwanTWSE 2611642.3154.554.821.453.36
GermanyXETRA 128466.6750.004.381.253.13
AustraliaASX 2110447.6240.004.301.303.00
South KoreaKRX 249637.5066.673.110.332.78
USNYSE 51341966.6755.882.680.502.18
USPREFERRED 332100.0066.672.330.332.00
The World 56827513348.4248.363.011.481.53
CanadaTSX 216428.5766.672.330.831.50
NorwayOSE 222100.00100.001.500.001.50
Vietnam HOSE 42150.0050.004.002.501.50
Hong KongHKEX 2610538.4650.002.401.201.20
TaiwanGTSM 169456.2544.442.561.441.11
KuwaitKSE 111100.00100.
SwitzerlandSIX 93233.3366.671.000.330.67
UKLSE 1310676.9260.003.202.800.40
ItalyBORSA 53160.0033.331.671.330.33
IndiaNSE 187238.8928.571.571.290.29
PortugalLISBON 1000.
PhilippinesPSE 41125.00100.
SingaporeSGX 1000.
UKLSE 1000.
USFOREX 111100.00100.
Greece ATHENS 1000.
SpainIBEX 1000.
DenmarkCOPENHAGEN 111100.00100.
DenmarkCOPENHAGEN 1000.
Austria WIENERBORSE 1000.
ArgentinaBUE 21050.
BangladeshDSE 12000.
MexicoBMV 3000.
UAEUAE 1000.
QatarQE 1000.
EgyptEGX 1000.
SwedenSTOCKHOLM 1911657.8954.551.091.45-0.36
BelgiumBRUSSELS 221100.0050.001.001.50-0.50
Poland GPW 75171.4320.001.001.60-0.60
ThailandSET 110100.
PakistanKSE 31033.330.000.001.00-1.00
JapanTOKYO 2514356.0021.430.791.93-1.14
TurkeyBIST 157146.6714.290.291.43-1.14
ChinaSZSE 117163.6414.290.432.43-2.00
Saudi ArabiaTADAWUL 51020.
MalaysiaBURSA 21050.
ThailandSET 158053.330.000.003.00-3.00
USOTC PINK 2111352.3827.271.007.82-6.82
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


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