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
IndonesiaIDX 134695351.4976.818.030.487.55
JapanNAGOYA 31161351.6181.257.250.316.94
South KoreaKOSDAQ 103563446061.2672.567.460.786.68
CanadaTSX-V 52271651.9259.268.482.006.48
ArgentinaBUE 46211945.6590.486.570.196.38
PakistanKSE 33619314157.4473.066.750.456.30
TaiwanGTSM 50723015945.3669.136.740.626.12
Hong KongHKEX 135573446154.1762.817.121.086.04
TurkeyBIST 125674453.6065.676.430.945.49
Greece ATHENS 1914973.6864.296.140.715.43
JapanSAPPORO 43275.0066.677.001.675.33
NorwayOSE 1891238165.0865.856.661.345.32
QatarQE 63352555.5671.435.740.435.31
IsraelTASE 51426517151.5664.535.940.785.16
Vietnam HOSE 102583456.8658.626.261.145.12
IndiaBSE 2043118374857.9163.235.901.074.83
ChinaSZSE 2232127885557.2666.905.510.884.63
ArgentinaBUE 85562.50100.004.600.004.60
Vietnam HOSE 142214.29100.004.500.004.50
ChinaSSE 1804108674560.2068.605.240.864.38
SingaporeSGX 150704546.6764.294.730.534.20
ThailandSET 1851087858.3872.224.820.664.17
PortugalLISBON 65433166.1572.095.021.004.02
BrazilBOVESPA 2051147255.6163.164.880.923.96
BangladeshDSE 87563264.3757.144.630.703.93
USNASDAQ 51652714163052.6659.934.971.083.89
UAEUAE 22131159.0984.624.230.463.77
IndiaNSE 138278349556.6663.224.550.863.69
SpainIBEX 2301449762.6167.364.260.603.65
Austria WIENERBORSE 51372872.5575.683.860.413.46
TaiwanTWSE 84241625749.4161.784.040.613.43
South KoreaKRX 120970545958.3165.114.050.683.37
USOTC PINK 2428140671857.9151.074.971.743.22
USWARRANTS 217433.3357.144.431.293.14
RussiaMICEX 128865367.1961.633.780.713.07
AustraliaASX 77548328862.3259.633.890.853.04
BelgiumBRUSSELS 1911188061.7867.803.520.582.94
The World 66247371412253056.0960.633.800.882.92
Poland GPW 2371388858.2363.773.971.152.82
MalaysiaBURSA 160814650.6356.793.791.112.68
EgyptEGX 40619310347.5453.373.941.282.66
DenmarkCOPENHAGEN 105543651.4366.673.200.592.61
CanadaTSX 2346117770350.3459.533.220.612.60
ItalyBORSA 2502149088759.5559.533.360.872.49
USPREFERRED 37720913555.4464.592.930.442.49
JapanTOKYO 82454717275857.2258.463.501.022.47
Saudi ArabiaTADAWUL 62128817846.3861.813.440.982.46
MexicoBMV 2471206748.5855.833.110.662.45
RussiaMICEX 24141358.3392.862.360.072.29
USAMEX 62232218551.7757.453.301.102.20
SwedenSTOCKHOLM 49830418561.0460.863.030.852.17
UKLSE 167443.7557.142.430.292.14
PhilippinesPSE 64311448.4445.163.811.682.13
UKLSE 30601811106659.1858.862.760.861.90
IndonesiaIDX 1610562.5050.002.100.201.90
NetherlandsAMSTERDAM 56335822163.5961.732.450.621.84
USNYSE 100845181290151.4155.962.690.881.81
MexicoBMV 105550.00100.001.800.001.80
IndiaNSE 139869.2388.891.890.111.78
GermanyXETRA 27771753101563.1357.902.430.711.72
PortugalLISBON 83237.5066.671.670.001.67
NetherlandsAMSTERDAM 83237.5066.671.670.001.67
SpainIBEX 83237.5066.671.670.001.67
ItalyBORSA 83237.5066.671.670.001.67
Austria WIENERBORSE 83237.5066.671.670.001.67
BelgiumBRUSSELS 83237.5066.671.670.001.67
FrancePARIS 83237.5066.671.670.001.67
Greece ATHENS 83237.5066.671.670.001.67
GermanyXETRA 83237.5066.671.670.001.67
PhilippinesPSE 138461.5450.001.630.001.63
FrancePARIS 158393654759.1358.442.410.791.62
CanadaCSE 128266.6725.003.381.881.50
SwitzerlandSIX 76148528463.8658.441.880.541.34
MalaysiaBURSA 209745.0077.781.440.221.22
AustraliaASX 157546.6771.431.290.141.14
BrazilBOVESPA 1311884.6272.731.450.361.09
Poland GPW 2112757.1458.331.250.171.08
ThailandSET 2215668.1840.001.200.131.07
UAEUAE 2412950.0075.001.080.081.00
ChileBCS 279533.3355.561.440.441.00
IsraelTASE 2310843.4880.001.000.100.90
JordanASE 2818964.2950.001.781.000.78
SwedenSTOCKHOLM 1610462.5040.001.000.300.70
FOREXFOREX 1810655.5660.000.800.200.60
DenmarkCOPENHAGEN 95355.5660.000.600.000.60
ChinaSSE 229340.9133.331.000.440.56
PakistanKSE 153320.00100.000.330.000.33
CanadaTSX 1211491.6736.360.550.270.27
SwitzerlandSIX 104340.0075.000.500.250.25
Vietnam HNX 45241053.3341.672.332.130.21
TurkeyBIST 197436.8457.141.000.860.14
South KoreaKOSDAQ 2000.000.000.000.000.00
ChileBCS 1000.000.000.000.000.00
USFOREX 156240.0033.330.000.17-0.17
Hong KongHKEX 3211334.3827.270.090.27-0.18
BangladeshDSE 135138.4620.000.200.40-0.20
NorwayOSE 1810355.5630.000.300.60-0.30
OmanMSM 75071.430.000.000.40-0.40
JapanTOKYO 116254.5533.330.000.50-0.50
TaiwanGTSM 143121.4333.330.000.67-0.67
JapanFUKUOKA 85162.5020.000.201.20-1.00
SingaporeSGX 52140.0050.000.001.00-1.00
KuwaitKSE 126350.0050.002.004.00-2.00
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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