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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
The World 11959648.
SwitzerlandSIX 200055.
CanadaTSX 400032.500.
CanadaCSE 50020.
CanadaTSX-V 200020.
BrazilBOVESPA 240050.
BelgiumBRUSSELS 40075.
BangladeshDSE 180022.
AustraliaASX 470046.810.
Austria WIENERBORSE 40050.
ArgentinaBUE 400100.
ItalyBORSA 200045.
IndiaNSE 370032.430.
IndiaBSE 360038.890.
IsraelTASE 70028.570.
IndonesiaIDX 230039.
Hong KongHKEX 680048.530.
Greece ATHENS 20050.
FrancePARIS 230052.
SpainIBEX 50060.
DenmarkCOPENHAGEN 111100.00100.
DenmarkCOPENHAGEN 200100.
GermanyXETRA 290048.
ChinaSZSE 560044.640.
ChinaSSE 400050.
SingaporeSGX 30066.670.
SwedenSTOCKHOLM 140057.
RussiaMICEX 50020.
Poland GPW 90077.780.
PakistanKSE 40050.
PhilippinesPSE 400100.
NorwayOSE 80062.500.
NetherlandsAMSTERDAM 90066.670.
MalaysiaBURSA 180061.
MexicoBMV 20050.
UAEUAE 1000.
Saudi ArabiaTADAWUL 130038.460.
QatarQE 1000.
KuwaitKSE 1000.
EgyptEGX 300100.
South KoreaKOSDAQ 440050.
South KoreaKRX 410056.
JapanTOKYO 1040046.
Vietnam HOSE 70028.570.
Vietnam HNX 1000.
USPREFERRED 60066.670.
USOTC PINK 200050.
USNYSE 690059.420.
USNASDAQ 750052.
USFOREX 111100.00100.
USAMEX 80037.500.
UKLSE 290062.
UKLSE 1000.
TaiwanGTSM 210052.380.
TaiwanTWSE 610055.740.
TurkeyBIST 260034.620.
ThailandSET 310038.710.
ThailandSET 110100.
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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