BEARISH TRI 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 TRI STAR
Definition
The pattern is a sequence of three Doji. The occurrence of this pattern is extremely rare, so when it occurs it should not be ignored.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. Three consecutive Doji are seen.
3. The second day gaps above the first and the third.
Pattern Requirements and Flexibility
The Bearish Three Star consists of three consecutive Doji, in which the second Doji gaps above the two other Doji. It is sufficient that the gap is a body gap. There is no need for a gap between shadows.
Trader’s Behavior
In the case of a Bearish Tri Star we have a market, which is in an uptrend for a long time. However, the weakening trend is probably indicated by the bodies that are becoming smaller. The first doji is a matter of concern. The second Doji clearly indicates that market is losing its direction. Finally, the third doji warns that the uptrend is over. This pattern indicates too much indecision leading to the reversal of positions.
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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Vietnam HNX 28181164.2961.119.021.077.96
CanadaCSE 42372188.1056.768.393.325.07
EgyptEGX 30232176.6791.304.810.044.77
NorwayOSE 21150.00100.003.000.003.00
SpainIBEX 2314760.8750.003.690.802.89
CanadaTSX-V 124894471.7749.445.703.092.61
DenmarkCOPENHAGEN 29191065.5252.633.681.122.56
IndiaNSE 32121811967.9154.594.031.632.40
ChinaSZSE 32923611971.7350.423.160.832.34
IndiaBSE 87758130666.2552.674.251.952.30
Poland GPW 1411156381.5654.783.911.792.12
BangladeshDSE 49361873.4750.003.281.172.11
SingaporeSGX 79452256.9648.893.111.022.09
Hong KongHKEX 2351557565.9648.393.581.492.09
BelgiumBRUSSELS 1611568.7545.453.181.152.03
QatarQE 1712770.5958.332.440.551.90
ThailandSET 1641155270.1245.222.630.871.76
TurkeyBIST 59431672.8837.214.873.221.65
USOTC PINK 67048723774.3347.594.843.311.54
SwedenSTOCKHOLM 64366.6775.001.750.251.50
South KoreaKOSDAQ 120854270.8349.412.671.311.36
MalaysiaBURSA 664100.0066.671.330.001.33
TaiwanTWSE 2011407269.6551.432.050.801.25
USNASDAQ 99069828270.5140.402.140.931.22
JapanTOKYO 104073932571.0643.982.100.891.21
TaiwanGTSM 2261517166.8147.022.160.971.18
MexicoBMV 116883575.8639.772.251.071.17
NorwayOSE 45331473.3342.422.531.361.16
The World 1633811099470369.2441.582.041.001.05
FrancePARIS 2341676871.3740.721.600.551.04
ThailandSET 32166.6750.001.000.001.00
BrazilBOVESPA 2742078575.5541.062.171.200.97
AustraliaASX 3652529769.0438.492.421.470.96
MalaysiaBURSA 152924260.5345.652.281.360.91
IndonesiaIDX 54402274.0755.002.221.320.90
IsraelTASE 64043320067.6646.191.500.610.89
ChinaSSE 75058013577.3323.281.110.250.86
PakistanKSE 65383.3360.000.800.000.80
SwedenSTOCKHOLM 92692775.0039.133.132.350.78
UAEUAE 1711564.7145.452.371.610.76
NetherlandsAMSTERDAM 131923470.2336.961.280.530.75
SwitzerlandSIX 35823810966.4845.801.550.820.73
OmanMSM 137453.8557.141.570.860.71
PakistanKSE 77562272.7339.292.481.780.70
South KoreaKRX 4422709961.0936.671.180.480.70
CanadaTSX 13139100.0069.230.920.310.62
GermanyXETRA 72550019868.9739.601.120.510.61
USNYSE 1771124348370.1938.861.150.610.55
USAMEX 63042314167.1433.331.030.530.50
ChinaSSE 32166.6750.000.500.000.50
CanadaTSX 75147519263.2540.421.200.770.43
USFOREX 137453.8557.140.430.000.43
JapanFUKUOKA 63150.0033.330.830.410.43
UKLSE 93159224463.5941.221.050.640.41
KuwaitKSE 3322766.6731.821.951.540.41
ItalyBORSA 57638914367.5336.760.910.540.37
Greece ATHENS 3017856.6747.061.901.570.33
IndiaNSE 662100.0033.330.170.000.17
JordanASE 105250.0040.001.321.170.15
Vietnam HOSE 2120895.2440.000.050.000.05
Austria WIENERBORSE 42150.0050.000.500.500.00
ArgentinaBUE 1000.000.000.000.000.00
FOREXFOREX 111100.00100.000.000.000.00
BelgiumBRUSSELS 42150.0050.000.500.500.00
SpainIBEX 42150.0050.000.500.500.00
DenmarkCOPENHAGEN 222100.00100.000.000.000.00
GermanyXETRA 42150.0050.000.500.500.00
FrancePARIS 42150.0050.000.500.500.00
IndonesiaIDX 331100.0033.330.330.330.00
Hong KongHKEX 552100.0040.000.000.000.00
Greece ATHENS 42150.0050.000.500.500.00
NetherlandsAMSTERDAM 42150.0050.000.500.500.00
Poland GPW 41025.000.000.000.000.00
ItalyBORSA 42150.0050.000.500.500.00
JapanTOKYO 221100.0050.000.500.500.00
PortugalLISBON 42150.0050.000.500.500.00
SingaporeSGX 220100.000.000.000.000.00
TurkeyBIST 21050.000.000.000.000.00
USWARRANTS 190089.470.000.000.000.00
USPREFERRED 1950072.820.000.000.000.00
USOTCBB 2000.000.000.000.000.00
RussiaMICEX 620069.350.000.000.000.00
JapanNAGOYA 2015775.0046.670.931.07-0.14
Saudi ArabiaTADAWUL 54361166.6730.561.371.58-0.21
UAEUAE 342133.3350.000.000.25-0.25
PhilippinesPSE 441100.0025.000.250.50-0.25
Austria WIENERBORSE 1814677.7842.860.300.72-0.42
Vietnam HOSE 63381760.3244.741.131.67-0.54
ChileBCS 21050.000.000.001.00-1.00
AustraliaASX 220100.000.000.001.00-1.00
TaiwanGTSM 110100.000.000.001.00-1.00
BangladeshDSE 73242.8666.670.332.00-1.67
ChileBCS 2512248.0016.670.432.13-1.71
PhilippinesPSE 2315665.2240.002.634.59-1.96
PortugalLISBON 103130.0033.330.022.58-2.56
ArgentinaBUE 1716394.1218.750.824.62-3.80
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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