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 1/1/2017
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 199247.3722.2212.332.1110.22
TurkeyBIST 32616310250.0062.5810.280.949.33
IndonesiaIDX 2611128642.9176.799.380.708.68
JapanNAGOYA 69392956.5274.368.590.927.67
ArgentinaBUE 143755252.4569.337.451.206.25
USPREFERRED 63034921255.4060.746.881.105.78
ChileBCS 2011555.0045.456.821.185.64
JapanSAPPORO 43275.0066.677.001.675.33
TaiwanGTSM 102447028745.9061.065.510.894.62
Hong KongHKEX 2430127174852.4358.715.831.264.57
CanadaTSX-V 129794361.2454.437.713.194.52
IsraelTASE 128762235648.3357.235.961.454.51
South KoreaKOSDAQ 2209123472955.9558.985.751.284.47
ChinaSZSE 45412463142954.2458.025.411.204.21
Poland GPW 42222814354.0362.725.341.134.21
EgyptEGX 79935819944.8155.595.561.424.14
NorwayOSE 3021759657.9554.865.541.474.07
CanadaCSE 76472463.1650.007.002.984.02
Vietnam HOSE 1951095855.9053.215.231.234.00
PakistanKSE 75535920847.5557.945.001.023.98
ThailandSET 33617711352.6863.844.840.933.91
Vietnam HNX 61301349.1843.335.601.733.87
MalaysiaBURSA 3771478438.9957.145.151.373.78
IndiaNSE 3325164792649.5356.225.061.333.73
ArgentinaBUE 138661.5475.003.750.133.63
IndiaBSE 46892442134152.0854.915.171.563.61
USNASDAQ 93385016277253.7255.264.831.503.33
SpainIBEX 37221613058.0660.194.401.183.23
ChinaSSE 35771924107153.7955.674.391.183.21
TaiwanTWSE 176785848048.5655.944.000.913.09
QatarQE 96553457.2961.823.890.823.07
Austria WIENERBORSE 1741015658.0555.454.401.432.97
UKLSE 27151155.5673.333.130.202.93
IndonesiaIDX 2112657.1450.003.000.172.83
SwedenSTOCKHOLM 110061633156.0053.733.961.272.69
BelgiumBRUSSELS 28216710059.2259.883.530.872.66
PortugalLISBON 100634163.0065.083.781.192.59
The World 125088684493795454.7555.423.821.242.58
BangladeshDSE 2101336463.3348.123.821.252.57
JapanTOKYO 174759570541254.7656.553.781.222.56
MexicoBMV 51226113950.9853.263.490.982.51
SingaporeSGX 2831076137.8157.013.591.082.50
RussiaMICEX 3031729156.7752.913.921.422.49
DenmarkCOPENHAGEN 2321126348.2856.253.320.852.47
South KoreaKRX 2822147180552.1354.723.481.032.45
AustraliaASX 1846103656156.1254.153.621.292.33
PhilippinesPSE 127663451.9751.523.671.362.30
CanadaTSX 43072103112548.8353.503.211.102.12
USNYSE 172649192496953.2454.063.301.272.02
USOTC PINK 47522765130158.6746.664.182.172.00
Greece ATHENS 52351567.3142.863.171.172.00
USAMEX 125068438054.7255.563.331.461.87
RussiaMICEX 38201652.6380.001.900.151.75
IndiaNSE 1810955.5690.001.700.101.60
MexicoBMV 24111045.8390.911.640.091.55
UKLSE 56493280175758.1053.532.771.241.54
Saudi ArabiaTADAWUL 85740822047.6153.922.751.251.51
FrancePARIS 2794167788860.0252.952.621.171.45
Vietnam HOSE 215223.8140.001.800.401.40
ItalyBORSA 41392477126059.8550.872.781.401.39
AustraliaASX 2313956.5269.231.460.081.38
GermanyXETRA 48233119165764.6753.132.411.091.32
SwitzerlandSIX 146491150962.2355.872.180.921.26
NetherlandsAMSTERDAM 97661734263.2255.432.241.071.17
PortugalLISBON 136446.1566.671.330.171.17
GermanyXETRA 136446.1566.671.330.171.17
Greece ATHENS 136446.1566.671.330.171.17
FrancePARIS 136446.1566.671.330.171.17
SpainIBEX 136446.1566.671.330.171.17
BelgiumBRUSSELS 136446.1566.671.330.171.17
Austria WIENERBORSE 136446.1566.671.330.171.17
ItalyBORSA 136446.1566.671.330.171.17
NetherlandsAMSTERDAM 136446.1566.671.330.171.17
BrazilBOVESPA 48930115361.5550.833.852.741.11
KuwaitKSE 37211356.7661.903.952.861.10
PhilippinesPSE 2112757.1458.331.080.001.08
ThailandSET 2416766.6743.751.130.131.00
UAEUAE 55271549.0955.563.002.040.96
FOREXFOREX 2114766.6750.001.140.210.93
ChileBCS 3110532.2650.001.300.400.90
IsraelTASE 34171250.0070.591.000.120.88
Poland GPW 2615957.6960.001.070.200.87
CanadaTSX 1613581.2538.461.080.230.85
BrazilBOVESPA 1614887.5057.141.140.430.71
MalaysiaBURSA 2413854.1761.541.000.310.69
UAEUAE 33161148.4868.750.810.130.69
SwedenSTOCKHOLM 2618869.2344.440.890.280.61
South KoreaKOSDAQ 52240.00100.000.500.000.50
ChinaSSE 2913444.8330.770.770.310.46
Hong KongHKEX 4218842.8644.440.670.280.39
DenmarkCOPENHAGEN 2013765.0053.850.460.080.38
PakistanKSE 173317.65100.000.330.000.33
NorwayOSE 2818664.2933.330.830.500.33
SingaporeSGX 1510566.6750.000.600.400.20
USFOREX 2110347.6230.000.300.200.10
SwitzerlandSIX 2110447.6240.000.200.200.00
JordanASE 34231067.6543.481.351.350.00
TurkeyBIST 4013732.5053.850.690.690.00
BangladeshDSE 155133.3320.000.200.40-0.20
TaiwanGTSM 165231.2540.000.000.40-0.40
JapanTOKYO 2211350.0027.270.090.64-0.55
OmanMSM 106060.000.000.001.50-1.50
USWARRANTS 178447.0650.002.887.13-4.25
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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