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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
DenmarkCOPENHAGEN 21150.00100.0014.000.0014.00
IndiaBSE 3415944.1260.0010.001.408.60
Vietnam HOSE 61116.67100.
IndonesiaIDX 218438.1050.
FrancePARIS 198442.1150.007.000.886.13
ItalyBORSA 148457.1450.006.750.885.88
AustraliaASX 43211148.8452.386.521.105.43
SingaporeSGX 21150.00100.
Vietnam HNX 21150.00100.
South KoreaKRX 39171143.5964.714.820.414.41
USNYSE 80543767.5068.524.560.354.20
IsraelTASE 43275.0066.674.000.004.00
BrazilBOVESPA 2111752.3863.644.270.453.82
South KoreaKOSDAQ 50241448.0058.334.881.173.71
TaiwanTWSE 54251646.3064.004.480.803.68
USNASDAQ 88402245.4555.004.801.253.55
CanadaTSX-V 72228.57100.003.500.003.50
RussiaMICEX 63250.0066.673.670.673.00
TurkeyBIST 2610338.4630.004.401.602.80
MalaysiaBURSA 189450.0044.444.111.442.67
The World 112755829449.6052.593.791.432.36
SwitzerlandSIX 2010650.0060.002.700.402.30
JapanTOKYO 81432653.0960.473.331.052.28
ChinaSSE 2511744.0063.642.910.732.18
EgyptEGX 21150.00100.
IndiaNSE 3914535.9035.713.501.711.79
ChinaSZSE 3118958.0650.002.721.171.56
ThailandSET 3015350.0020.003.672.201.47
UKLSE 34241370.5954.173.251.831.42
BangladeshDSE 233113.0433.333.001.671.33
GermanyXETRA 3016953.3356.252.881.561.31
NetherlandsAMSTERDAM 75171.4320.003.001.801.20
KuwaitKSE 21150.00100.
TaiwanGTSM 2214563.6435.712.001.070.93
CanadaTSX 3515842.8653.331.670.870.80
SwedenSTOCKHOLM 2113661.9046.152.621.850.77
NorwayOSE 63250.0066.671.000.330.67
USAMEX 93233.3366.671.000.330.67
Saudi ArabiaTADAWUL 102120.0050.001.501.000.50
USPREFERRED 43175.0033.331.000.670.33
Poland GPW 1410471.4340.001.801.700.10
Hong KongHKEX 56271148.2140.742.001.960.04
UKLSE 1000.
USFOREX 111100.00100.
MexicoBMV 4000.
UAEUAE 2000.
PortugalLISBON 1000.
SpainIBEX 21050.
DenmarkCOPENHAGEN 111100.00100.
Greece ATHENS 2000.
Austria WIENERBORSE 1000.
QatarQE 1000.
BelgiumBRUSSELS 221100.0050.001.001.50-0.50
ArgentinaBUE 53160.0033.330.000.67-0.67
PakistanKSE 31033.330.000.001.00-1.00
ThailandSET 110100.
PhilippinesPSE 86175.0016.670.001.50-1.50
CanadaCSE 41025.
USOTC PINK 3620758.3333.331.109.10-8.00
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


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