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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
IndonesiaIDX 125341.6760.0010.400.809.60
QatarQE 21150.00100.
BrazilBOVESPA 177541.1871.437.140.436.71
USNYSE 74432458.1155.817.140.586.56
Vietnam HOSE 62233.33100.
USNASDAQ 78372047.4454.056.381.165.22
IndiaBSE 3413938.2469.236.461.385.08
Vietnam HNX 31133.33100.
FrancePARIS 187338.8942.865.140.864.29
CanadaTSX 3813734.2153.854.460.543.92
GermanyXETRA 139669.2366.674.560.783.78
UKLSE 1914973.6864.294.501.143.36
SingaporeSGX 21150.00100.
ChinaSSE 157546.6771.432.710.292.43
TaiwanTWSE 4117841.4647.063.591.242.35
USPREFERRED 43275.0066.672.330.332.00
NorwayOSE 332100.0066.672.330.332.00
The World 90442420647.0148.473.321.461.86
TaiwanGTSM 2211650.0054.552.551.091.45
South KoreaKOSDAQ 3715640.5440.003.402.001.40
Hong KongHKEX 41211051.2247.622.711.481.24
SwitzerlandSIX 145435.7180.
RussiaMICEX 31133.33100.
KuwaitKSE 111100.00100.
South KoreaKRX 3411532.3545.451.550.551.00
MalaysiaBURSA 115245.4540.002.601.800.80
JapanTOKYO 57331557.8945.451.611.030.58
USAMEX 84350.0075.000.750.250.50
IndiaNSE 2811339.2927.271.911.450.45
ChinaSZSE 1812566.6741.671.671.580.08
UKLSE 1000.
USFOREX 111100.00100.
MexicoBMV 3000.
UAEUAE 4000.
EgyptEGX 2000.
IsraelTASE 1000.
ArgentinaBUE 41025.
SpainIBEX 2000.
DenmarkCOPENHAGEN 111100.00100.
Greece ATHENS 2000.
ItalyBORSA 125241.6740.001.201.40-0.20
AustraliaASX 3213440.6330.771.001.23-0.23
BelgiumBRUSSELS 43275.0066.670.671.00-0.33
DenmarkCOPENHAGEN 32166.6750.000.000.50-0.50
Poland GPW 1310376.9230.001.402.00-0.60
PakistanKSE 74157.1425.000.251.00-0.75
Austria WIENERBORSE 21050.
TurkeyBIST 2111252.3818.180.181.18-1.00
ThailandSET 110100.
PhilippinesPSE 84150.0025.000.001.25-1.25
CanadaTSX-V 63250.0066.672.333.67-1.33
ThailandSET 2614353.8521.430.932.29-1.36
BangladeshDSE 21209.520.000.001.50-1.50
SwedenSTOCKHOLM 2513552.0038.460.462.00-1.54
Saudi ArabiaTADAWUL 61016.670.000.002.00-2.00
USOTC PINK 2813550.0035.710.9311.21-10.29
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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