BEARISH EVENING DOJI STAR
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 selling decisions.
BEARISH EVENING DOJI STAR
Definition
This is a three-candlestick pattern signaling a major top reversal. It is composed of a white candlestick followed by a Doji, which characteristically gaps up to form a Doji Star. Then, we have a third black candlestick whose closing is well into the first session’s white real body. This is a meaningful top pattern.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. We see a white candlestick on the first day.
3. Then, we see a Doji on the second day that gaps in the direction of the uptrend.
4. A black candlestick is observed on the third day.
Pattern Requirements and Flexibility
The Bearish Evening Doji Star starts with a white candlestick and it should continue with a doji accompanied by a gap opening higher than the close of the first day. The third day of the pattern is a black candlestick, which has the same or lower opening price with the Doji, and it should close well into the white candlestick that appears at the beginning of the pattern. The extent of how low this candlestick must close is defined according to the other candlesticks belonging to the pattern. The third day’s closing must reach the midpoint between the first day’s opening and the second day’s highest body level.
Trader’s Behavior
An uptrend is being observed, and the white candlestick confirms the continuation of the uptrend. The appearance of the Doji accompanied by a gap indicates that bulls are still pushing up the price. However, this tight price action between the open and the close also shows indecision. On the third day, prices gap lower on the open and then close much lower. Bears have taken control of the market.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish 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
USWARRANTS 21150.00100.0022.000.0022.00
UAEUAE 443100.0075.009.500.758.75
TurkeyBIST 1611968.7581.828.730.458.27
BrazilBOVESPA 41125.00100.008.000.008.00
DenmarkCOPENHAGEN 106260.0033.339.002.336.67
MexicoBMV 21141066.6771.437.211.006.21
SingaporeSGX 31133.33100.006.000.006.00
CanadaTSX-V 111100.00100.006.000.006.00
ArgentinaBUE 21150.00100.005.000.005.00
NetherlandsAMSTERDAM 1610762.5070.004.900.004.90
TaiwanTWSE 1713976.4769.235.380.544.85
South KoreaKOSDAQ 75513068.0058.825.670.964.71
TaiwanGTSM 42250.00100.004.500.004.50
IsraelTASE 3519954.2947.375.370.954.42
Poland GPW 148457.1450.005.751.384.38
AustraliaASX 38301578.9550.005.471.304.17
SwedenSTOCKHOLM 60392965.0074.364.670.544.13
PakistanKSE 18151283.3380.003.730.133.60
BelgiumBRUSSELS 552100.0040.003.800.203.60
IndiaNSE 1481056170.9558.104.601.083.52
RussiaMICEX 63350.00100.003.330.003.33
BrazilBOVESPA 58402068.9750.004.180.903.28
EgyptEGX 1615793.7546.674.931.873.07
USAMEX 2819867.8642.114.261.263.00
ChinaSSE 111100.00100.003.000.003.00
ArgentinaBUE 31133.33100.003.000.003.00
ChinaSSE 131925770.2361.963.910.932.98
USPREFERRED 2112757.1458.332.920.172.75
USOTC PINK 91623570.3354.695.593.052.55
USNYSE 34022912467.3554.153.220.812.41
Greece ATHENS 85362.5060.003.601.202.40
Hong KongHKEX 41281568.2953.573.751.432.32
JapanTOKYO 27119210570.8554.693.160.932.22
The World 36622508140768.5456.063.111.072.04
ChileBCS 87487.5057.142.860.862.00
SpainIBEX 115345.4560.003.201.202.00
JapanTOKYO 41125.00100.002.000.002.00
ThailandSET 21150.00100.002.000.002.00
USNASDAQ 36023812866.1153.783.341.401.94
TaiwanGTSM 2014870.0057.142.640.791.86
MalaysiaBURSA 333100.00100.001.670.001.67
ChinaSZSE 1931348369.4361.943.041.381.66
FrancePARIS 61422468.8557.142.360.811.55
RussiaMICEX 118472.7350.002.631.131.50
SwitzerlandSIX 3422964.7140.912.140.641.50
IndiaBSE 1641237475.0060.163.241.851.39
South KoreaKOSDAQ 53360.00100.001.330.001.33
UKLSE 104733070.1941.102.221.001.22
FOREXFOREX 42250.00100.001.000.001.00
SwitzerlandSIX 221100.0050.002.001.001.00
Vietnam HOSE 87487.5057.142.571.710.86
UAEUAE 75471.4380.001.000.200.80
CanadaTSX 51361670.5944.442.221.440.78
South KoreaKRX 69522875.3653.851.670.920.75
ItalyBORSA 72462363.8950.001.410.670.74
USFOREX 332100.0066.670.670.000.67
NorwayOSE 442100.0050.000.500.000.50
Poland GPW 32266.67100.000.500.000.50
Vietnam HNX 222100.00100.000.500.000.50
SwedenSTOCKHOLM 32266.67100.000.500.000.50
SingaporeSGX 43175.0033.330.670.330.33
AustraliaASX 332100.0066.670.670.330.33
GermanyXETRA 95632966.3246.031.521.240.29
ChileBCS 64266.6750.000.250.000.25
NorwayOSE 136346.1550.002.502.330.17
CanadaTSX 31133.33100.000.000.000.00
Austria WIENERBORSE 221100.0050.001.501.500.00
BelgiumBRUSSELS 221100.0050.001.501.500.00
Hong KongHKEX 1000.000.000.000.000.00
Greece ATHENS 221100.0050.001.501.500.00
IndonesiaIDX 42150.0050.000.500.500.00
FrancePARIS 221100.0050.001.501.500.00
GermanyXETRA 221100.0050.001.501.500.00
SpainIBEX 221100.0050.001.501.500.00
DenmarkCOPENHAGEN 31133.33100.000.000.000.00
KuwaitKSE 221100.0050.000.500.500.00
ItalyBORSA 221100.0050.001.501.500.00
IndiaNSE 32266.67100.000.000.000.00
MexicoBMV 1000.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
NetherlandsAMSTERDAM 221100.0050.001.501.500.00
JapanNAGOYA 1000.000.000.000.000.00
PortugalLISBON 42050.000.000.000.000.00
PortugalLISBON 221100.0050.001.501.500.00
IsraelTASE 332100.0066.670.330.67-0.33
BangladeshDSE 138461.5450.001.632.00-0.38
Saudi ArabiaTADAWUL 663100.0050.001.331.83-0.50
UKLSE 43175.0033.330.331.00-0.67
PakistanKSE 32066.670.000.001.00-1.00
PhilippinesPSE 32066.670.000.001.00-1.00
PhilippinesPSE 110100.000.000.001.00-1.00
JapanFUKUOKA 110100.000.000.001.00-1.00
IndonesiaIDX 110100.000.000.001.00-1.00
Vietnam HOSE 32066.670.000.001.00-1.00
CanadaCSE 43175.0033.3311.3317.00-5.67
Austria WIENERBORSE 43175.0033.333.6711.00-7.33
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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