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 147450.0057.1416.570.8615.71
JapanNAGOYA 52292355.7779.319.280.418.86
Vietnam HNX 3319857.5842.117.371.535.84
JapanSAPPORO 43275.0066.677.001.675.33
CanadaCSE 46261156.5242.318.353.235.12
TurkeyBIST 196985550.0056.125.951.084.87
IndonesiaIDX 71332546.4875.765.150.614.55
ThailandSET 171996857.8968.694.830.694.14
NorwayOSE 1801115762.2250.895.081.203.88
PhilippinesPSE 70432461.4355.814.981.123.86
USWARRANTS 105350.0060.004.600.803.80
IndiaBSE 3209168897752.6057.885.011.293.72
ArgentinaBUE 128666.6775.003.750.133.63
ArgentinaBUE 97523454.6464.154.871.263.60
Poland GPW 2441318053.6961.074.751.153.60
IndiaNSE 2117109261951.5856.684.701.173.52
South KoreaKOSDAQ 140377943255.6055.384.751.243.50
ChinaSZSE 3423166491448.6154.934.671.193.48
KuwaitKSE 23131056.5276.924.310.853.46
SpainIBEX 2281257654.8260.804.400.973.43
BelgiumBRUSSELS 137805158.3963.754.130.733.40
IsraelTASE 62231318050.3257.514.380.983.40
Vietnam HOSE 128734257.0357.534.591.233.36
PakistanKSE 60428616147.3556.294.401.073.33
BrazilBOVESPA 2391418159.4157.044.120.803.32
EgyptEGX 4351869842.7652.694.601.453.15
TaiwanGTSM 48923213247.4456.903.970.913.06
JapanTOKYO 97795250309053.6958.864.001.003.01
USNASDAQ 56733120168255.1053.814.261.292.97
MexicoBMV 3521768850.0050.003.590.842.74
MalaysiaBURSA 176865148.8659.303.551.002.55
BangladeshDSE 108753269.4442.673.731.232.51
AustraliaASX 97760234261.6256.813.340.982.36
The World 73902410112244355.5254.703.421.072.36
PortugalLISBON 56352062.5057.143.290.942.34
ChileBCS 53260.0066.673.000.672.33
South KoreaKRX 178392850552.0554.423.210.902.31
USOTC PINK 2792172383061.7848.124.332.062.27
CanadaTSX-V 99552858.5948.285.403.142.26
RussiaMICEX 2021175857.9249.573.101.052.05
USNYSE 100875609304155.6254.212.970.962.01
Hong KongHKEX 124965733952.6851.523.241.242.01
MexicoBMV 209945.00100.002.000.002.00
Saudi ArabiaTADAWUL 45123213351.4457.332.740.791.95
IndonesiaIDX 1610562.5050.002.100.201.90
RussiaMICEX 32171453.1382.352.000.121.88
ChinaSSE 2690129364248.0749.653.041.181.86
CanadaTSX 2221117162452.7253.292.720.911.82
IndiaNSE 169856.2588.891.890.111.78
USAMEX 68639722557.8756.682.941.181.76
Austria WIENERBORSE 71482967.6160.422.981.251.73
USPREFERRED 39522013155.7059.552.080.361.72
DenmarkCOPENHAGEN 122623450.8254.842.711.001.71
UKLSE 1910752.6370.001.900.201.70
SwedenSTOCKHOLM 64837819658.3351.852.811.131.67
SingaporeSGX 96492251.0444.902.671.081.59
ItalyBORSA 2371145173261.2050.452.651.161.49
NetherlandsAMSTERDAM 52332919362.9158.662.120.671.45
Vietnam HOSE 195226.3240.001.800.401.40
UKLSE 31481945100661.7951.722.391.061.33
AustraliaASX 1910752.6370.001.400.101.30
PhilippinesPSE 1810655.5660.001.300.001.30
SwitzerlandSIX 83853630363.9656.531.960.711.25
PortugalLISBON 126450.0066.671.330.171.17
SpainIBEX 126450.0066.671.330.171.17
Greece ATHENS 126450.0066.671.330.171.17
ItalyBORSA 126450.0066.671.330.171.17
NetherlandsAMSTERDAM 126450.0066.671.330.171.17
BelgiumBRUSSELS 126450.0066.671.330.171.17
Austria WIENERBORSE 126450.0066.671.330.171.17
FrancePARIS 126450.0066.671.330.171.17
GermanyXETRA 126450.0066.671.330.171.17
UAEUAE 2813746.4353.852.381.231.15
MalaysiaBURSA 2210745.4570.001.300.201.10
TaiwanTWSE 105152325849.7649.332.050.951.09
BrazilBOVESPA 1311884.6272.731.450.361.09
ThailandSET 2215668.1840.001.200.131.07
GermanyXETRA 2547169285566.4350.531.920.901.02
QatarQE 46301765.2256.671.770.771.00
ChileBCS 299531.0355.561.440.441.00
FrancePARIS 151891846160.4750.222.061.070.98
FOREXFOREX 2114766.6750.001.140.210.93
Poland GPW 2515960.0060.001.070.200.87
IsraelTASE 28141050.0071.430.930.070.86
UAEUAE 32151046.8866.670.870.130.73
SwedenSTOCKHOLM 2214663.6442.861.000.290.71
ChinaSSE 2411345.8327.270.820.360.45
DenmarkCOPENHAGEN 1613781.2553.850.460.080.38
PakistanKSE 163318.75100.000.330.000.33
NorwayOSE 2214563.6435.710.790.500.29
CanadaTSX 1412485.7133.330.500.250.25
Greece ATHENS 35261074.2938.461.381.190.19
SingaporeSGX 116354.5550.000.500.330.17
South KoreaKOSDAQ 3000.000.000.000.000.00
SwitzerlandSIX 2010450.0040.000.200.200.00
TurkeyBIST 3912630.7750.000.750.750.00
Hong KongHKEX 3716643.2437.500.250.31-0.06
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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