BULLISH THREE GAP DOWNS
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.
BULLISH THREE GAP DOWNS
Definition
This is a four day bullish reversal pattern. It consists of three consecutive days each gapping lower on the open. After Three Gap Downs the market becomes extremely oversold and ready for the reversal of the current downtrend.
Recognition Criteria
1. The first day can be of any color.
2. The second day also can be of any color, so long as its body gaps down away from the first day’s body.
3. The last two days are black and their bodies must gap down from the bodies of the prior days.
Pattern Requirements and Flexibility
The first two days of the Bullish Three Gap Downs can be of any color but the last two days should be black. There must be downside body gaps between the candlesticks.
Trader’s Behavior
The market is oversold with three gaps down in a row and it is time to cover short positions.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the last black body. 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.
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
USOTCBB 21150.00100.0018.000.0018.00
TurkeyBIST 32716310649.8565.0313.230.9212.31
JapanFUKUOKA 2510440.0040.0011.602.509.10
JapanNAGOYA 60362660.0072.229.060.948.11
IndonesiaIDX 197795640.1070.899.141.088.06
USPREFERRED 59433920857.0761.367.181.265.92
ArgentinaBUE 171966956.1471.886.861.075.79
Poland GPW 42023715356.4364.566.971.255.72
Vietnam HNX 46231050.0043.486.831.435.39
ChileBCS 34171150.0064.716.120.765.35
JapanSAPPORO 43275.0066.677.001.675.33
EgyptEGX 67131317846.6556.876.521.355.16
ThailandSET 28615110052.8066.235.460.914.55
PhilippinesPSE 117653855.5658.465.280.974.31
CanadaTSX-V 144934864.5851.617.343.114.24
USNASDAQ 83434764271957.1157.065.641.494.15
Vietnam HOSE 2191267457.5358.735.401.274.13
IsraelTASE 127961735848.2458.025.541.454.09
IndiaNSE 2902144280649.6955.895.331.334.00
Austria WIENERBORSE 147955064.6352.635.361.383.98
South KoreaKOSDAQ 1984109459355.1454.205.131.323.81
IndiaBSE 42762213123751.7555.905.271.473.80
TaiwanGTSM 90942424646.6458.024.590.883.71
Hong KongHKEX 181694353651.9356.844.761.093.66
ArgentinaBUE 138661.5475.003.750.133.63
NorwayOSE 2801557555.3648.395.391.773.62
MalaysiaBURSA 3451408440.5860.004.671.193.48
ChinaSZSE 50012470134349.3954.374.491.163.33
BelgiumBRUSSELS 2221257256.3157.604.371.063.30
PakistanKSE 73133619045.9656.554.251.083.16
SpainIBEX 3091729755.6656.404.481.333.15
USNYSE 140248146464958.0957.074.341.203.14
SwedenSTOCKHOLM 100055429655.4053.434.521.403.13
SingaporeSGX 202814340.1053.094.361.263.10
CanadaCSE 85532264.7140.006.133.152.98
AustraliaASX 178197453054.6954.414.201.262.94
UKLSE 27151155.5673.333.130.202.93
DenmarkCOPENHAGEN 201954847.2650.534.201.272.93
JapanTOKYO 139017672440955.1957.474.061.152.91
The World 116598651243657355.8656.154.081.202.88
KuwaitKSE 36191352.7868.424.581.742.84
USOTC PINK 43092587126860.0848.985.022.292.72
RussiaMICEX 3181789755.9754.494.001.302.70
IndonesiaIDX 2513752.0053.852.850.152.69
South KoreaKRX 2272115563450.8854.843.540.892.65
TaiwanTWSE 158981245051.1055.423.450.902.55
PortugalLISBON 73452761.6460.003.731.202.53
ChinaSSE 3721180992648.6251.193.581.142.44
MexicoBMV 51228014154.6950.363.401.102.30
USAMEX 116767137157.5055.293.751.472.28
CanadaTSX 3460176693051.0452.663.401.202.20
UKLSE 48002865152959.7353.333.381.272.11
FrancePARIS 2207134269460.8151.713.261.252.01
BangladeshDSE 1921305967.7145.383.181.221.96
SwitzerlandSIX 122375943062.0656.652.761.051.71
GermanyXETRA 40232619136365.1352.022.781.111.67
Saudi ArabiaTADAWUL 57130017252.5457.332.671.031.64
RussiaMICEX 45262057.7876.921.730.191.54
ItalyBORSA 34292070103460.3749.952.951.491.46
MexicoBMV 27121044.4483.331.500.081.42
NetherlandsAMSTERDAM 80951027663.0454.122.501.131.37
AustraliaASX 2414958.3364.291.360.071.29
IndiaNSE 21131061.9076.921.380.231.15
Greece ATHENS 48331468.7542.421.970.851.12
Vietnam HOSE 237430.4357.141.290.291.00
PortugalLISBON 147550.0071.431.140.141.00
NetherlandsAMSTERDAM 147550.0071.431.140.141.00
BelgiumBRUSSELS 147550.0071.431.140.141.00
Austria WIENERBORSE 147550.0071.431.140.141.00
GermanyXETRA 147550.0071.431.140.141.00
FrancePARIS 147550.0071.431.140.141.00
SpainIBEX 147550.0071.431.140.141.00
Greece ATHENS 147550.0071.431.140.141.00
ItalyBORSA 147550.0071.431.140.141.00
PhilippinesPSE 2314960.8764.291.000.001.00
BrazilBOVESPA 49930715361.5249.843.652.650.99
ThailandSET 2717762.9641.181.060.120.94
FOREXFOREX 2114766.6750.001.140.210.93
Poland GPW 2715955.5660.001.070.200.87
CanadaTSX 1613581.2538.461.080.230.85
IsraelTASE 35181251.4366.670.940.170.78
QatarQE 74442559.4656.821.590.820.77
ChileBCS 3413638.2446.151.080.310.77
BrazilBOVESPA 1614887.5057.141.140.430.71
UAEUAE 33161148.4868.750.810.130.69
USWARRANTS 136246.1533.332.672.000.67
MalaysiaBURSA 2514956.0064.290.930.290.64
SwedenSTOCKHOLM 3120864.5240.000.800.300.50
ChinaSSE 3315645.4540.000.670.270.40
Hong KongHKEX 4319944.1947.370.630.260.37
South KoreaKOSDAQ 83237.5066.670.330.000.33
NorwayOSE 2919665.5231.580.790.470.32
DenmarkCOPENHAGEN 2214763.6450.000.430.140.29
PakistanKSE 184422.22100.000.250.000.25
SingaporeSGX 1611568.7545.450.550.360.18
USFOREX 2211450.0036.360.270.180.09
SwitzerlandSIX 2110447.6240.000.200.200.00
TurkeyBIST 4013732.5053.850.690.690.00
BangladeshDSE 176135.2916.670.170.33-0.17
UAEUAE 4920940.8245.002.102.40-0.30
TaiwanGTSM 175229.4140.000.000.40-0.40
JapanTOKYO 2312452.1733.330.080.58-0.50
JordanASE 1912563.1641.670.581.58-1.00
OmanMSM 106060.000.000.001.50-1.50
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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