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 221100.0050.0016.0010.006.00
USAMEX 27191170.3757.895.580.475.11
PakistanKSE 94244.4450.004.500.004.50
Hong KongHKEX 65452569.2355.564.240.843.40
USOTC PINK 63462474.6051.066.403.133.28
USNASDAQ 1701145767.0650.004.121.252.87
TurkeyBIST 108580.0062.503.630.882.75
South KoreaKOSDAQ 65442267.6950.003.110.682.43
IndiaBSE 113693961.9555.714.101.712.39
EgyptEGX 43175.0033.333.000.672.33
ChinaSSE 93733478.4946.583.401.102.30
ThailandSET 64266.6750.002.750.502.25
NetherlandsAMSTERDAM 54380.0075.002.250.002.25
MalaysiaBURSA 169756.2577.783.331.112.22
DenmarkCOPENHAGEN 75371.4360.003.801.602.20
GermanyXETRA 55341661.8247.063.241.062.18
JapanTOKYO 2141437866.8254.552.940.882.06
NorwayOSE 31133.33100.002.000.002.00
SwitzerlandSIX 26201176.9255.002.450.452.00
FrancePARIS 2216972.7356.252.880.882.00
QatarQE 111100.00100.002.000.002.00
KuwaitKSE 221100.0050.004.002.002.00
MexicoBMV 108580.0062.502.380.382.00
The World 2124151774071.5248.722.761.091.67
Austria WIENERBORSE 222100.00100.001.500.001.50
USNYSE 2361768474.5847.732.120.651.47
BangladeshDSE 159560.0055.561.780.331.44
CanadaTSX 59401567.8037.502.130.781.35
TaiwanTWSE 35241368.5754.171.960.631.33
Saudi ArabiaTADAWUL 74457.14100.001.250.001.25
AustraliaASX 3320860.6140.002.651.401.25
Poland GPW 885100.0062.501.750.631.13
IndiaNSE 79532567.0947.172.471.361.11
ItalyBORSA 56452280.3648.891.870.761.11
SingaporeSGX 87387.5042.861.570.571.00
CanadaTSX-V 76485.7166.671.670.671.00
ChinaSZSE 1321025177.2750.002.721.750.97
South KoreaKRX 51291356.8644.831.971.070.90
UKLSE 114964384.2144.791.880.990.89
BelgiumBRUSSELS 331100.0033.330.670.000.67
USPREFERRED 34271279.4144.440.960.520.44
Vietnam HOSE 96266.6733.330.830.670.17
IsraelTASE 98288.8925.001.000.880.13
SwedenSTOCKHOLM 2010650.0060.001.000.900.10
BrazilBOVESPA 2314560.8735.711.000.930.07
PhilippinesPSE 221100.0050.001.001.000.00
UAEUAE 1000.000.000.000.000.00
JapanNAGOYA 1000.000.000.000.000.00
RussiaMICEX 2118685.7133.331.441.50-0.06
SpainIBEX 883100.0037.501.251.38-0.13
TaiwanGTSM 2619873.0842.111.111.58-0.47
Greece ATHENS 52140.0050.002.002.50-0.50
IndonesiaIDX 76285.7133.331.833.17-1.33
Vietnam HNX 220100.000.000.001.50-1.50
ArgentinaBUE 550100.000.000.003.20-3.20
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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