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 1/1/2019
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
RussiaMICEX 55352863.6480.005.540.205.34
JapanSAPPORO 43275.0066.677.001.675.33
ArgentinaBUE 159760.0077.783.560.113.44
UKLSE 27151155.5673.333.130.202.93
ChileBCS 3816942.1156.252.750.252.50
IndonesiaIDX 2915751.7246.672.470.272.20
MexicoBMV 30131143.3384.621.460.081.38
AustraliaASX 25151060.0066.671.270.071.20
PhilippinesPSE 2614953.8564.291.000.001.00
ThailandSET 2717762.9641.181.060.120.94
BangladeshDSE 207235.0028.571.140.290.86
Vietnam HOSE 2911737.9363.641.000.180.82
IndiaNSE 2716959.2656.251.060.250.81
PortugalLISBON 199647.3766.670.890.110.78
Greece ATHENS 199647.3766.670.890.110.78
FrancePARIS 199647.3766.670.890.110.78
SpainIBEX 199647.3766.670.890.110.78
GermanyXETRA 199647.3766.670.890.110.78
BelgiumBRUSSELS 199647.3766.670.890.110.78
Austria WIENERBORSE 199647.3766.670.890.110.78
NetherlandsAMSTERDAM 199647.3766.670.890.110.78
ItalyBORSA 199647.3766.670.890.110.78
CanadaTSX 2117880.9547.060.940.180.76
IsraelTASE 38211355.2661.900.860.140.71
Poland GPW 29171058.6258.820.940.240.71
UAEUAE 39201351.2865.000.800.150.65
MalaysiaBURSA 29151051.7266.670.870.270.60
NorwayOSE 3521760.0033.330.950.480.48
SwedenSTOCKHOLM 3622861.1136.360.730.270.45
BrazilBOVESPA 2318978.2650.000.940.500.44
DenmarkCOPENHAGEN 2314760.8750.000.430.140.29
Hong KongHKEX 5222942.3140.910.550.270.27
EgyptEGX 7034350.070.850.260.000.26
South KoreaKOSDAQ 104240.0050.000.250.000.25
ChinaSSE 3817744.7441.180.590.350.24
FOREXFOREX 2414658.3342.860.570.360.21
JapanNAGOYA 681158.822.500.210.000.21
PakistanKSE 205425.0080.000.200.000.20
DenmarkCOPENHAGEN 2783250.361.430.210.050.17
SingaporeSGX 2112557.1441.670.500.330.17
USFOREX 2311447.8336.360.270.180.09
TurkeyBIST 4314832.5657.140.710.640.07
Vietnam HOSE 4042252.720.940.070.000.07
The World 165286145586354.870.950.060.010.05
RussiaMICEX 3421154.090.540.030.000.03
Hong KongHKEX 26253352.530.220.030.000.03
FrancePARIS 30114354.870.180.010.000.01
AustraliaASX 25636555.440.350.010.010.01
SwedenSTOCKHOLM 12751153.250.150.000.000.00
South KoreaKOSDAQ 33392153.610.060.000.000.00
ChinaSSE 64442249.640.060.000.000.00
IndiaNSE 35773250.130.110.000.000.00
IsraelTASE 17851150.760.110.000.000.00
USNYSE 214194256.990.020.000.000.00
JapanTOKYO 178023255.800.020.000.000.00
TaiwanTWSE 23982154.590.080.000.000.00
GermanyXETRA 67582158.380.030.000.000.00
Poland GPW 5800058.280.000.000.000.00
PakistanKSE 8050047.200.000.000.000.00
ThailandSET 3420051.460.000.000.000.00
TurkeyBIST 4430051.690.000.000.000.00
SingaporeSGX 2450042.040.000.000.000.00
USWARRANTS 920051.090.000.000.000.00
USPREFERRED 9340051.930.000.000.000.00
USOTC PINK 58700057.770.000.000.000.00
Vietnam HNX 690044.930.000.000.000.00
USNASDAQ 132910054.490.000.000.000.00
UKLSE 71250060.000.000.000.000.00
TaiwanGTSM 12520051.200.000.000.000.00
NetherlandsAMSTERDAM 11670058.700.000.000.000.00
NorwayOSE 3640055.220.000.000.000.00
UAEUAE 530047.170.000.000.000.00
Saudi ArabiaTADAWUL 7110048.380.000.000.000.00
QatarQE 890056.180.000.000.000.00
MalaysiaBURSA 4450045.390.000.000.000.00
MexicoBMV 8510054.410.000.000.000.00
KuwaitKSE 560062.500.000.000.000.00
JordanASE 270062.960.000.000.000.00
IndonesiaIDX 2930039.250.000.000.000.00
SwitzerlandSIX 17680060.520.000.000.000.00
SwitzerlandSIX 2512548.0041.670.330.330.00
BrazilBOVESPA 12440056.750.000.000.000.00
CanadaCSE 1390057.550.000.000.000.00
CanadaTSX-V 2560062.500.000.000.000.00
BangladeshDSE 2380063.450.000.000.000.00
BelgiumBRUSSELS 2670056.180.000.000.000.00
Austria WIENERBORSE 2950063.050.000.000.000.00
ArgentinaBUE 3290058.360.000.000.000.00
Greece ATHENS 690068.120.000.000.000.00
SpainIBEX 3260057.060.000.000.000.00
ChinaSZSE 87890049.160.000.000.000.00
ChileBCS 770050.650.000.000.000.00
IndiaBSE 51381051.250.000.000.000.00
South KoreaKRX 33712150.280.060.000.000.00
CanadaTSX 48332050.690.000.000.000.00
ItalyBORSA 47982058.710.000.000.01-0.01
USAMEX 23752057.180.000.000.01-0.01
JapanFUKUOKA 301033.330.000.000.04-0.04
PhilippinesPSE 1701048.820.000.000.14-0.14
TaiwanGTSM 207235.0028.570.000.29-0.29
PortugalLISBON 653155.382.780.080.39-0.31
JapanTOKYO 2312452.1733.330.080.58-0.50
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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