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 1/1/2015
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
JapanNAGOYA 49292359.1879.317.970.697.28
IndonesiaIDX 161795849.0773.427.290.616.68
ArgentinaBUE 105543851.4370.376.460.895.57
JapanSAPPORO 43275.0066.677.001.675.33
TaiwanGTSM 67230219144.9463.256.100.765.33
South KoreaKOSDAQ 147783954056.8764.296.071.104.97
PakistanKSE 53627216950.7562.135.740.814.92
Hong KongHKEX 174693955553.7859.115.911.224.69
TurkeyBIST 2181146552.2957.025.401.084.32
ArgentinaBUE 107670.0085.714.290.004.29
IndiaBSE 30981759104656.7859.475.361.334.02
Vietnam HOSE 137773956.2050.655.321.324.00
IsraelTASE 64532518150.3955.694.991.023.97
NorwayOSE 2161337562.0455.975.481.513.96
CanadaCSE 3018960.0050.005.942.173.78
QatarQE 74432558.1158.144.470.723.74
ThailandSET 2241328758.9365.914.420.753.67
ChinaSZSE 32311788103255.3457.724.781.253.53
IndiaNSE 2113113564853.7257.094.471.183.29
BangladeshDSE 109743867.8951.354.200.953.26
BrazilBOVESPA 2901628855.8654.324.251.093.16
SpainIBEX 28317110360.4260.233.960.883.08
UAEUAE 28181464.2977.783.560.612.94
ChinaSSE 2583147981757.2655.244.091.212.88
USNASDAQ 66003381178451.2452.754.171.352.82
EgyptEGX 53924112544.7151.874.191.422.76
USAMEX 45822212948.4758.114.201.542.67
BelgiumBRUSSELS 2091257959.8163.203.330.682.65
South KoreaKRX 176899056656.0057.173.520.872.65
Poland GPW 2891639656.7558.543.831.232.60
Greece ATHENS 3122970.9740.913.861.272.59
SingaporeSGX 169784646.1558.973.560.992.58
MalaysiaBURSA 2131005346.9553.003.961.402.56
RussiaMICEX 1901125658.9550.003.561.042.52
TaiwanTWSE 118558332049.2054.893.230.862.37
PortugalLISBON 76473261.8468.093.361.022.34
The World 86938476772633654.8655.213.331.072.26
AustraliaASX 109168237062.5154.253.261.022.23
CanadaTSX-V 104572854.8149.125.333.192.14
PhilippinesPSE 86442251.1650.003.551.482.07
USOTC PINK 3367198492159.0746.304.062.002.06
MexicoBMV 188844.44100.002.000.002.00
DenmarkCOPENHAGEN 150824654.6756.102.820.822.00
Vietnam HOSE 184222.2250.002.250.252.00
JapanTOKYO 112866138329354.4253.613.141.191.95
CanadaTSX 2947147378449.9853.222.730.821.90
IndonesiaIDX 1610562.5050.002.100.201.90
RussiaMICEX 30171456.6782.352.000.121.88
ItalyBORSA 31511878101959.6054.262.951.061.88
Vietnam HNX 47231048.9443.483.651.831.83
Saudi ArabiaTADAWUL 69933118147.3554.682.941.141.80
USPREFERRED 46124514553.1559.182.140.361.78
IndiaNSE 139869.2388.891.890.111.78
UKLSE 189650.0066.672.000.221.78
Austria WIENERBORSE 68513175.0060.782.941.181.76
SwedenSTOCKHOLM 69640122957.6157.112.771.021.75
PhilippinesPSE 168450.0050.001.630.001.63
MexicoBMV 3701818848.9248.622.490.971.52
NetherlandsAMSTERDAM 70343726062.1659.502.140.701.44
UKLSE 40092332126758.1754.332.370.981.39
GermanyXETRA 34812192122163.0655.632.160.821.34
AustraliaASX 1810755.5670.001.400.101.30
USNYSE 126626387326050.4551.032.321.041.28
MalaysiaBURSA 209745.0077.781.440.221.22
FrancePARIS 2028118465658.3855.412.100.941.16
BrazilBOVESPA 1311884.6272.731.450.361.09
ThailandSET 2215668.1840.001.200.131.07
ItalyBORSA 94244.4450.001.250.251.00
Greece ATHENS 94244.4450.001.250.251.00
NetherlandsAMSTERDAM 94244.4450.001.250.251.00
ChileBCS 279533.3355.561.440.441.00
GermanyXETRA 94244.4450.001.250.251.00
FrancePARIS 94244.4450.001.250.251.00
SpainIBEX 94244.4450.001.250.251.00
Austria WIENERBORSE 94244.4450.001.250.251.00
BelgiumBRUSSELS 94244.4450.001.250.251.00
PortugalLISBON 94244.4450.001.250.251.00
USWARRANTS 175329.4160.002.601.601.00
SwitzerlandSIX 104765235062.2753.681.710.730.98
Poland GPW 2213759.0953.851.150.230.92
IsraelTASE 27131048.1576.921.000.080.92
FOREXFOREX 2013665.0046.151.150.230.92
UAEUAE 2914948.2864.290.930.140.79
SwedenSTOCKHOLM 1913568.4238.461.000.310.69
ChinaSSE 2310343.4830.000.900.400.50
NorwayOSE 2113561.9038.460.850.460.38
PakistanKSE 163318.75100.000.330.000.33
DenmarkCOPENHAGEN 139469.2344.440.330.000.33
CanadaTSX 1312492.3133.330.500.250.25
SingaporeSGX 106360.0050.000.500.330.17
JordanASE 3020966.6745.001.551.400.15
TurkeyBIST 359525.7155.560.890.780.11
ChileBCS 1000.000.000.000.000.00
SwitzerlandSIX 199447.3744.440.220.220.00
South KoreaKOSDAQ 3000.000.000.000.000.00
BangladeshDSE 135138.4620.000.200.40-0.20
Hong KongHKEX 3413438.2430.770.080.31-0.23
USFOREX 188244.4425.000.000.25-0.25
TaiwanGTSM 143121.4333.330.000.67-0.67
KuwaitKSE 158553.3362.502.002.88-0.88
JapanFUKUOKA 118272.7325.000.631.50-0.88
JapanTOKYO 158253.3325.000.000.88-0.88
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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