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.
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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
USOTCBB 21150.00100.0018.000.0018.00
Vietnam HNX 67291943.2865.5216.840.7116.14
TurkeyBIST 52026315850.5860.0811.251.2610.00
IndonesiaIDX 3501478842.0059.8610.021.568.46
JapanFUKUOKA 3212537.5041.679.912.037.89
JapanNAGOYA 61392463.9361.547.711.176.54
EgyptEGX 64931419248.3861.157.711.496.22
ArgentinaBUE 43026418161.6368.306.931.185.75
RussiaMICEX 58362962.0780.565.690.195.50
JapanSAPPORO 43275.0066.677.001.675.33
CanadaCSE 142814357.0453.097.272.924.35
IndiaNSE 3392168597849.6858.045.331.234.10
Vietnam HOSE 45224214053.5457.855.401.304.09
Hong KongHKEX 2874153185253.2755.655.331.343.99
ChinaSZSE 93974870284351.8358.384.951.003.95
Poland GPW 59334019857.3458.245.441.543.90
ThailandSET 35817810649.7259.554.861.043.82
South KoreaKOSDAQ 44932411133653.7955.285.061.353.70
IsraelTASE 189396958551.1960.374.821.153.66
USNASDAQ 158308659464054.7453.555.221.653.57
IndiaBSE 48862524142351.6656.384.981.413.57
ChinaSSE 77854088232052.5156.754.440.973.46
ArgentinaBUE 169756.2577.783.560.113.44
ChileBCS 99492949.4959.184.280.913.36
JordanASE 2922975.8640.914.330.993.34
PakistanKSE 74835120046.9356.984.531.193.34
KuwaitKSE 78432355.1353.494.801.553.24
BelgiumBRUSSELS 2891478150.8755.104.301.083.22
MalaysiaBURSA 43520910948.0552.154.531.423.11
DenmarkCOPENHAGEN 2791367448.7554.414.401.323.08
SwedenSTOCKHOLM 143875639352.5751.984.611.603.01
NorwayOSE 44224912356.3349.404.751.772.98
Greece ATHENS 73492467.1248.983.830.892.95
Austria WIENERBORSE 42924611857.3447.974.281.412.87
JapanTOKYO 1843810458613356.7258.643.881.072.81
SingaporeSGX 2711167442.8063.793.560.802.76
ChileBCS 41191146.3457.893.000.262.74
QatarQE 99523252.5361.543.370.732.64
The World 1853551018835576055.4054.313.801.172.63
TaiwanGTSM 153683347754.2357.263.490.862.63
CanadaTSX-V 2391436259.8343.365.753.192.56
PhilippinesPSE 148713947.9754.934.031.482.55
USOTC PINK 58343351166758.2349.074.441.982.46
SpainIBEX 3311779453.4753.113.591.202.39
USNYSE 2534714666785657.8653.573.471.132.34
FrancePARIS 3389182096553.7652.963.451.182.27
UKLSE 33191157.5857.892.470.212.26
TaiwanTWSE 2747151681655.1953.833.220.982.24
IndonesiaIDX 3420958.8245.002.350.302.05
AustraliaASX 2929165488956.4753.753.311.262.05
CanadaTSX 53432798148252.3752.973.121.112.01
PortugalLISBON 70382254.2957.892.971.041.92
UKLSE 91735437288659.3253.043.161.301.86
UAEUAE 59241140.6845.833.111.261.85
South KoreaKRX 41072140103652.1348.392.921.161.75
MexicoBMV 89550723856.6546.943.461.741.72
BrazilBOVESPA 142479341055.7651.643.381.761.62
GermanyXETRA 95735436289756.7853.292.550.971.58
SwitzerlandSIX 2024119261058.8951.172.741.171.58
BangladeshDSE 2121255158.9640.802.851.311.54
USAMEX 3013184088361.0747.992.621.081.54
MexicoBMV 46211545.6571.431.710.241.48
ItalyBORSA 59053447165458.3747.982.681.291.39
Vietnam HOSE 33141042.4271.431.430.141.29
Saudi ArabiaTADAWUL 65631816848.4852.832.241.081.16
AustraliaASX 27161059.2662.501.190.061.13
IsraelTASE 42241657.1466.671.250.131.13
NetherlandsAMSTERDAM 154188045657.1151.822.251.141.11
ThailandSET 2817760.7141.
BangladeshDSE 237230.4328.571.140.290.86
IndiaNSE 30171056.6758.821.060.240.82
PortugalLISBON 2110747.6270.000.900.100.80
FrancePARIS 2210745.4570.000.900.100.80
SpainIBEX 2210745.4570.000.900.100.80
GermanyXETRA 2210745.4570.000.900.100.80
Austria WIENERBORSE 2210745.4570.000.900.100.80
BelgiumBRUSSELS 2110747.6270.000.900.100.80
NetherlandsAMSTERDAM 2110747.6270.000.900.100.80
ItalyBORSA 2210745.4570.000.900.100.80
PhilippinesPSE 35191154.2957.890.840.050.79
Greece ATHENS 199647.3766.670.890.110.78
NorwayOSE 43261060.4738.461.190.460.73
BrazilBOVESPA 27221281.4854.551.180.450.73
MalaysiaBURSA 33171151.5264.710.940.240.71
UAEUAE 39201351.2865.000.800.150.65
Poland GPW 37201154.0555.000.850.250.60
CanadaTSX 2519876.0042.110.840.260.58
SwedenSTOCKHOLM 4325958.1436.000.680.280.40
DenmarkCOPENHAGEN 2614753.8550.000.430.140.29
Hong KongHKEX 5222942.3140.910.550.270.27
FOREXFOREX 2616761.5443.750.560.310.25
ChinaSSE 4017742.5041.180.590.350.24
SingaporeSGX 2414758.3350.000.500.290.21
TurkeyBIST 4515933.3360.000.800.600.20
South KoreaKOSDAQ 126350.0050.
USFOREX 2514556.0035.710.360.210.14
SwitzerlandSIX 2812542.8641.670.330.330.00
RussiaMICEX 2900055.
USPREFERRED 10000051.600.
TaiwanGTSM 207235.0028.570.000.29-0.29
JapanTOKYO 2413554.1738.460.230.54-0.31
PakistanKSE 248433.3350.000.130.63-0.50
OmanMSM 106060.
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


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