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 1/1/2018
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
TurkeyBIST 41019812648.5463.3212.241.0911.15
USWARRANTS 41271465.8551.8512.852.5910.26
JapanFUKUOKA 2910334.4830.0011.602.509.10
IndonesiaIDX 230966441.7466.678.081.136.96
JapanNAGOYA 67402659.7065.008.151.206.95
USPREFERRED 52629818556.6562.087.051.006.05
EgyptEGX 76036921649.2157.756.941.405.54
ArgentinaBUE 2121218657.0871.076.300.965.34
JapanSAPPORO 43275.0066.677.001.675.33
Vietnam HNX 51251249.0248.006.401.325.08
Poland GPW 49428517057.6959.656.111.444.67
ChileBCS 58292050.0068.975.410.834.59
Vietnam HOSE 2661528957.1458.555.651.194.46
ThailandSET 31917211353.9265.705.330.874.46
South KoreaKOSDAQ 2498137478155.0056.845.601.204.39
NorwayOSE 3091768856.9650.005.901.774.13
CanadaTSX-V 1821185464.8445.767.313.274.04
USNASDAQ 100395659322656.5156.875.491.474.03
IndiaBSE 45652391135852.4456.735.401.384.01
IsraelTASE 147774543550.4458.395.351.354.00
IndiaNSE 3056155588050.9256.565.251.283.97
KuwaitKSE 40251662.5064.005.481.643.84
ArgentinaBUE 148657.1475.003.750.133.63
Hong KongHKEX 2071107760552.0056.174.581.143.44
TaiwanGTSM 103850828748.9456.504.360.943.42
ChinaSZSE 61003129171351.3054.754.531.143.39
PakistanKSE 83440122948.0857.114.471.093.39
PhilippinesPSE 147774352.3855.844.641.263.38
CanadaCSE 112713463.3947.895.962.683.28
DenmarkCOPENHAGEN 2281136049.5653.104.421.193.23
MalaysiaBURSA 4031699341.9455.034.511.313.20
AustraliaASX 1977110260555.7454.904.231.203.03
BelgiumBRUSSELS 2431357555.5655.564.131.123.01
PortugalLISBON 64422665.6361.904.171.173.00
Austria WIENERBORSE 2251447764.0053.474.241.243.00
UKLSE 27151155.5673.333.130.202.93
SwedenSTOCKHOLM 109161132356.0052.864.331.452.88
USNYSE 161849503543958.7457.224.011.152.86
The World 132214746394203156.5256.244.011.172.84
SpainIBEX 31717910156.4756.423.971.182.79
SingaporeSGX 224985543.7556.123.811.032.78
JapanTOKYO 157638773500255.6657.023.901.132.77
ChinaSSE 45842314121950.4852.683.841.092.75
USOTC PINK 48412913142860.6548.644.892.162.73
South KoreaKRX 2707142377652.6854.423.600.892.70
IndonesiaIDX 2713748.1553.852.850.152.69
RussiaMICEX 38321511557.1852.513.891.212.68
TaiwanTWSE 181595151752.4054.363.450.902.55
USAMEX 148785548057.6356.013.691.322.37
UKLSE 56003457188061.7554.373.411.202.22
CanadaTSX 37961973106352.0353.823.361.162.20
MexicoBMV 66837019055.3951.353.271.172.10
FrancePARIS 2460150579961.1853.093.261.202.06
QatarQE 82493059.7661.222.670.761.92
BangladeshDSE 2121406466.0445.713.031.161.86
GermanyXETRA 46283040165265.7154.322.781.031.75
RussiaMICEX 50302460.0080.001.900.171.73
Greece ATHENS 59421871.1942.862.741.051.69
SwitzerlandSIX 143290251063.9055.742.681.041.64
ItalyBORSA 37962330118361.5450.642.781.371.41
MexicoBMV 29131144.8384.621.460.081.38
Saudi ArabiaTADAWUL 61832517552.5953.852.501.121.38
NetherlandsAMSTERDAM 89157231264.2054.552.421.061.35
AustraliaASX 2414958.3364.291.360.071.29
BrazilBOVESPA 76847023661.9849.583.322.221.10
Vietnam HOSE 259636.0066.671.220.221.00
PhilippinesPSE 2614953.8564.291.000.001.00
ThailandSET 2717762.9641.181.060.120.94
FOREXFOREX 2114766.6750.001.140.210.93
IndiaNSE 2515960.0060.001.130.270.87
CanadaTSX 1916784.2143.751.000.190.81
PortugalLISBON 199647.3766.670.890.110.78
NetherlandsAMSTERDAM 199647.3766.670.890.110.78
UAEUAE 36181350.0072.220.890.110.78
ItalyBORSA 199647.3766.670.890.110.78
SpainIBEX 199647.3766.670.890.110.78
FrancePARIS 199647.3766.670.890.110.78
Greece ATHENS 199647.3766.670.890.110.78
GermanyXETRA 199647.3766.670.890.110.78
Austria WIENERBORSE 199647.3766.670.890.110.78
BelgiumBRUSSELS 199647.3766.670.890.110.78
ChileBCS 3413638.2446.151.080.310.77
IsraelTASE 37201354.0565.000.900.150.75
BrazilBOVESPA 1815983.3360.001.130.400.73
Poland GPW 29171058.6258.820.940.240.71
MalaysiaBURSA 2614953.8564.290.930.290.64
UAEUAE 48201041.6750.002.652.150.50
SwedenSTOCKHOLM 3522862.8636.360.730.270.45
Hong KongHKEX 4519942.2247.370.630.260.37
NorwayOSE 2919665.5231.580.790.470.32
DenmarkCOPENHAGEN 2214763.6450.000.430.140.29
South KoreaKOSDAQ 104240.0050.000.250.000.25
ChinaSSE 3516645.7137.500.630.380.25
PakistanKSE 205425.0080.000.200.000.20
SwitzerlandSIX 2211550.0045.450.360.180.18
SingaporeSGX 1811561.1145.450.550.360.18
USFOREX 2211450.0036.360.270.180.09
TurkeyBIST 4214833.3357.140.710.640.07
BangladeshDSE 176135.2916.670.170.33-0.17
TaiwanGTSM 175229.4140.000.000.40-0.40
JapanTOKYO 2312452.1733.330.080.58-0.50
JordanASE 2415762.5046.670.871.60-0.73
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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