BEARISH UNIQUE THREE MOUNTAIN TOP
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 UNIQUE THREE MOUNTAIN TOP
Definition
This is a three-candlestick pattern that somewhat looks like the Bearish Evening Star. It appears in an uptrend. The first day’s white candlestick engulfs the following small white body, which characteristically has a long upper shadow. The pattern is completed by a small black body, which closes above the close of the second day.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white candlestick is observed on the first day.
3. The second day is a white body that opens lower, trades at a new high, and then closes near the low.
4. The third day is a short black day above the second day.
Pattern Requirements and Flexibility
The Bearish Unique Three Mountain Top starts with a strong white candlestick, and a short white candlestick that opens lower follows it. The second day trades at a new high, causing a long upper shadow that reaches higher than the previous day’s high. The body of this candlestick is engulfed by the first day. The final and the third day of the pattern is a short black body that is above the second day’s body.
Trader’s Behavior
The market is surging and it produces a white day. The following day unexpectedly opens lower, however the bulls show their strength and cause new highs to be reached during the day. The day closes near its open, leading to the formation of a short white candlestick. The strength of the bulls is in question and indecision prevails in the market. On the next day, a small black body appears and ensures that the bulls are losing strength.
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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 332100.0066.6725.676.3319.33
USAMEX 25181172.0061.117.610.397.22
PakistanKSE 94244.4450.004.500.004.50
USOTC PINK 62452372.5851.116.442.623.82
Hong KongHKEX 64442468.7554.554.300.803.50
USNASDAQ 1591035464.7852.434.151.192.95
GermanyXETRA 49291359.1844.833.691.142.55
CanadaTSX-V 65483.3380.003.200.802.40
South KoreaKOSDAQ 62422169.3548.843.090.702.40
ChinaSSE 88713380.6846.483.491.132.37
EgyptEGX 331100.0033.333.000.672.33
ThailandSET 64266.6750.002.750.502.25
IndiaBSE 104633661.5456.254.031.782.25
NetherlandsAMSTERDAM 54380.0075.002.250.002.25
MalaysiaBURSA 169756.2577.783.331.112.22
DenmarkCOPENHAGEN 75371.4360.003.801.602.20
JapanTOKYO 2111417666.8253.902.910.862.06
TurkeyBIST 97477.7857.143.001.002.00
SwitzerlandSIX 26201176.9255.002.450.452.00
QatarQE 111100.00100.002.000.002.00
KuwaitKSE 221100.0050.004.002.002.00
MexicoBMV 108580.0062.502.380.382.00
NorwayOSE 31133.33100.002.000.002.00
FrancePARIS 23171073.9158.822.760.821.94
South KoreaKRX 53301456.6046.672.871.031.83
The World 2049145971071.3048.602.851.071.77
TaiwanTWSE 31211267.7457.142.140.571.57
USNYSE 2271718175.3347.372.120.591.53
BangladeshDSE 159560.0055.561.780.331.44
AustraliaASX 3219859.3842.112.741.321.42
Poland GPW 885100.0062.502.000.631.38
Saudi ArabiaTADAWUL 74457.14100.001.250.001.25
ItalyBORSA 54452283.3348.891.870.731.13
CanadaTSX 62421567.7435.712.020.951.07
UKLSE 108924085.1943.482.031.001.03
IndiaNSE 78532467.9545.282.451.451.00
Austria WIENERBORSE 111100.00100.001.000.001.00
SingaporeSGX 87387.5042.861.570.571.00
ChinaSZSE 125964876.8050.002.701.800.90
BelgiumBRUSSELS 331100.0033.330.670.000.67
USPREFERRED 37281075.6835.710.930.540.39
BrazilBOVESPA 2112557.1441.671.170.830.33
Vietnam HOSE 96266.6733.330.830.670.17
IsraelTASE 98288.8925.001.000.880.13
SwedenSTOCKHOLM 2110647.6260.001.000.900.10
RussiaMICEX 1915678.9540.001.731.670.07
JapanNAGOYA 1000.000.000.000.000.00
UAEUAE 1000.000.000.000.000.00
PhilippinesPSE 221100.0050.001.001.000.00
Greece ATHENS 52140.0050.002.002.50-0.50
TaiwanGTSM 2418775.0038.890.941.67-0.72
SpainIBEX 661100.0016.670.671.83-1.17
IndonesiaIDX 76285.7133.331.833.17-1.33
Vietnam HNX 220100.000.000.001.50-1.50
ArgentinaBUE 440100.000.000.003.25-3.25
CanadaCSE 21050.000.000.005.00-5.00
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

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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