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 1/1/2016
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
JapanFUKUOKA 126350.0050.0019.001.0018.00
JapanNAGOYA 51292356.8679.319.280.418.86
CanadaCSE 32201162.5055.008.702.106.60
Vietnam HNX 3318854.5544.447.831.676.17
JapanSAPPORO 43275.0066.677.001.675.33
IndonesiaIDX 62282045.1671.435.930.715.21
TurkeyBIST 176925152.2755.435.901.124.78
NorwayOSE 152964963.1651.045.601.194.42
ThailandSET 154926559.7470.655.010.654.36
IndiaBSE 2665147288655.2360.195.241.224.03
ArgentinaBUE 91503456.0466.675.081.103.98
PhilippinesPSE 63382160.3255.265.051.083.97
South KoreaKOSDAQ 110661636455.7959.004.941.063.88
ChinaSZSE 2798142978051.0754.584.931.163.76
PakistanKSE 50424514448.6158.784.690.933.76
BelgiumBRUSSELS 126724657.1463.894.420.693.72
IndiaNSE 171391353553.3058.604.781.103.67
ArgentinaBUE 128666.6775.003.750.133.63
IsraelTASE 55827715849.6457.044.581.013.57
TaiwanGTSM 41919911847.4959.304.390.823.57
Vietnam HOSE 118673956.7858.214.811.313.49
Poland GPW 2191207154.7959.174.711.233.48
SpainIBEX 1971116656.3559.464.380.983.40
USNASDAQ 49412687147754.3854.974.581.313.28
JapanTOKYO 84204563270454.1959.264.220.983.25
EgyptEGX 3611628444.8851.854.681.443.24
BrazilBOVESPA 2051226559.5153.283.610.922.70
AustraliaASX 83652529162.8055.433.631.012.63
The World 63691358121984756.2455.413.581.042.54
CanadaTSX-V 94512654.2650.985.613.082.53
South KoreaKRX 146880144754.5655.813.310.812.49
USAMEX 58033219457.2458.433.581.132.45
Hong KongHKEX 99155529556.0053.153.551.162.39
BangladeshDSE 98683069.3944.123.591.242.35
MalaysiaBURSA 157744447.1359.463.421.092.32
UAEUAE 2413854.1761.543.381.082.31
USOTC PINK 2404151373563.0248.514.241.982.26
PortugalLISBON 49311963.2761.293.130.902.23
MexicoBMV 3131567849.8450.003.100.872.22
USNYSE 88414902267855.4554.633.140.952.19
RussiaMICEX 1841055157.0748.573.281.102.18
Saudi ArabiaTADAWUL 40721212252.0957.552.860.792.08
CanadaTSX 1922103956154.0653.992.870.852.02
MexicoBMV 209945.00100.002.000.002.00
ChinaSSE 2156110353251.1648.233.171.181.98
IndonesiaIDX 1610562.5050.002.100.201.90
RussiaMICEX 30171456.6782.352.000.121.88
SingaporeSGX 76401752.6342.502.851.031.83
SwedenSTOCKHOLM 54130516256.3853.112.951.151.80
IndiaNSE 149864.2988.891.890.111.78
UKLSE 1910752.6370.001.900.201.70
ItalyBORSA 2124128966760.6951.752.851.151.70
DenmarkCOPENHAGEN 117613252.1452.462.821.131.69
NetherlandsAMSTERDAM 47029117661.9160.482.280.651.63
KuwaitKSE 189750.0077.782.671.111.56
UKLSE 2770171890862.0252.852.561.051.51
USWARRANTS 116454.5566.672.170.671.50
USPREFERRED 38020311753.4257.641.820.361.46
PhilippinesPSE 189550.0055.561.440.001.44
Vietnam HOSE 195226.3240.001.800.401.40
SwitzerlandSIX 75648427564.0256.822.060.711.34
AustraliaASX 1810755.5670.001.400.101.30
Austria WIENERBORSE 57392368.4258.972.671.381.28
PortugalLISBON 116454.5566.671.330.171.17
Greece ATHENS 116454.5566.671.330.171.17
ItalyBORSA 116454.5566.671.330.171.17
NetherlandsAMSTERDAM 116454.5566.671.330.171.17
FrancePARIS 116454.5566.671.330.171.17
SpainIBEX 116454.5566.671.330.171.17
GermanyXETRA 116454.5566.671.330.171.17
BelgiumBRUSSELS 116454.5566.671.330.171.17
Austria WIENERBORSE 116454.5566.671.330.171.17
GermanyXETRA 2150142073766.0551.902.060.921.14
FrancePARIS 134181241560.5551.112.211.091.12
MalaysiaBURSA 2210745.4570.001.300.201.10
BrazilBOVESPA 1311884.6272.731.450.361.09
ThailandSET 2215668.1840.001.200.131.07
TaiwanTWSE 86044221051.4047.512.010.981.02
QatarQE 44301768.1856.671.770.771.00
ChileBCS 299531.0355.561.440.441.00
FOREXFOREX 2114766.6750.001.140.210.93
IsraelTASE 28141050.0071.430.930.070.86
Poland GPW 2415862.5053.331.000.200.80
UAEUAE 3214943.7564.290.930.140.79
SwedenSTOCKHOLM 2214663.6442.861.000.290.71
ChinaSSE 2411445.8336.360.820.360.45
PakistanKSE 163318.75100.000.330.000.33
DenmarkCOPENHAGEN 1613681.2546.150.380.080.31
NorwayOSE 2214563.6435.710.790.500.29
CanadaTSX 1412485.7133.330.500.250.25
SingaporeSGX 116354.5550.000.500.330.17
South KoreaKOSDAQ 3000.000.000.000.000.00
ChileBCS 1000.000.000.000.000.00
SwitzerlandSIX 2010450.0040.000.200.200.00
Greece ATHENS 2721877.7838.101.191.24-0.05
Hong KongHKEX 3716643.2437.500.250.31-0.06
TurkeyBIST 3711529.7345.450.730.82-0.09
BangladeshDSE 135138.4620.000.200.40-0.20
USFOREX 199247.3722.220.000.22-0.22
TaiwanGTSM 143121.4333.330.000.67-0.67
JapanTOKYO 158253.3325.000.000.88-0.88
OmanMSM 74057.140.000.002.00-2.00
JordanASE 127258.3328.570.142.29-2.14
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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