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 209245.0022.2212.332.1110.22
TurkeyBIST 32616210249.6962.969.840.918.93
JapanNAGOYA 74402954.0572.508.380.957.43
IndonesiaIDX 2571108442.8076.368.020.677.35
ArgentinaBUE 139714951.0869.016.851.275.58
JapanSAPPORO 43275.0066.677.001.675.33
Hong KongHKEX 2377123472951.9159.085.671.264.41
TaiwanGTSM 100045927745.9060.355.270.904.37
South KoreaKOSDAQ 2193122271955.7258.845.641.304.33
ChinaSZSE 43352335134753.8657.695.491.214.29
ChileBCS 168350.0037.505.501.254.25
NorwayOSE 2881639256.6056.445.531.444.09
PakistanKSE 76336221047.4458.015.071.004.07
Vietnam HNX 58291350.0044.835.791.764.03
IsraelTASE 120356531346.9755.405.561.534.03
EgyptEGX 78234719244.3755.335.471.454.02
Poland GPW 40721513352.8361.865.151.213.94
Vietnam HOSE 1921085756.2552.785.051.243.81
ArgentinaBUE 138661.5475.003.750.133.63
ThailandSET 33017110951.8263.744.520.953.57
IndiaBSE 47022430134151.6855.194.971.553.42
IndiaNSE 3323164591449.5055.564.741.373.37
CanadaTSX-V 132794059.8550.636.653.283.37
ChinaSSE 34741864103953.6655.744.421.183.24
USPREFERRED 58931118552.8059.494.391.203.19
IndonesiaIDX 2011655.0054.553.270.183.09
MalaysiaBURSA 3751478439.2057.144.461.373.09
QatarQE 93533256.9960.383.910.853.06
SpainIBEX 36220512356.6360.004.231.203.03
CanadaCSE 74442260.8148.895.913.112.80
BelgiumBRUSSELS 2761619758.3360.253.580.852.73
UKLSE 25141056.0071.432.930.212.71
USNASDAQ 89854691251552.2153.614.161.552.61
MexicoBMV 48223912549.5952.303.500.902.60
BangladeshDSE 2091336463.6448.123.831.232.59
TaiwanTWSE 170882945848.5455.253.490.922.57
Austria WIENERBORSE 152844655.2654.763.961.392.57
PhilippinesPSE 126643250.7950.003.721.412.31
The World 123286663023628353.8054.713.561.262.30
South KoreaKRX 2783144478151.8954.093.321.032.29
JapanTOKYO 168568986493053.3154.863.531.272.26
AustraliaASX 178198452555.2553.353.541.322.23
DenmarkCOPENHAGEN 2271076047.1456.073.070.882.20
Greece ATHENS 50341568.0044.123.261.092.18
SingaporeSGX 2791015736.2056.443.241.082.16
RussiaMICEX 2961658755.7452.733.631.472.16
SwedenSTOCKHOLM 107859331455.0152.953.361.292.06
PortugalLISBON 94573660.6463.163.321.322.00
CanadaTSX 42232034108148.1653.153.071.121.96
USOTC PINK 47492716124857.5545.664.172.261.92
RussiaMICEX 35191554.2978.951.950.161.79
USNYSE 167938650458651.5153.022.971.311.67
USAMEX 124867136953.7754.993.161.521.63
IndiaNSE 1810955.5690.001.700.101.60
MexicoBMV 24111045.8390.911.640.091.55
AustraliaASX 2112957.1475.001.580.081.50
Saudi ArabiaTADAWUL 85540621947.4953.942.731.271.46
Vietnam HOSE 215223.8140.001.800.401.40
KuwaitKSE 33201360.6165.004.152.751.40
ItalyBORSA 40442383118758.9349.812.751.371.38
UKLSE 55043150165957.2352.672.571.271.30
PhilippinesPSE 2011755.0063.641.180.001.18
GermanyXETRA 136446.1566.671.330.171.17
SpainIBEX 136446.1566.671.330.171.17
FrancePARIS 136446.1566.671.330.171.17
Greece ATHENS 136446.1566.671.330.171.17
BelgiumBRUSSELS 136446.1566.671.330.171.17
Austria WIENERBORSE 136446.1566.671.330.171.17
NetherlandsAMSTERDAM 136446.1566.671.330.171.17
ItalyBORSA 136446.1566.671.330.171.17
PortugalLISBON 136446.1566.671.330.171.17
BrazilBOVESPA 1311884.6272.731.450.361.09
FrancePARIS 2686158382058.9451.802.221.181.04
ThailandSET 2416766.6743.751.130.131.00
GermanyXETRA 46182933149663.5151.012.091.110.98
BrazilBOVESPA 48529714861.2449.833.752.770.98
SwitzerlandSIX 142988648462.0054.631.910.970.95
IsraelTASE 31151148.3973.331.000.070.93
FOREXFOREX 2114766.6750.001.140.210.93
ChileBCS 3110532.2650.001.300.400.90
NetherlandsAMSTERDAM 95159532162.5753.952.001.110.89
UAEUAE 49231346.9456.522.962.090.87
Poland GPW 2615957.6960.001.070.200.87
CanadaTSX 1613581.2538.461.080.230.85
MalaysiaBURSA 2413854.1761.541.000.310.69
UAEUAE 33161148.4868.750.810.130.69
SwedenSTOCKHOLM 2517768.0041.180.820.290.53
South KoreaKOSDAQ 52240.00100.000.500.000.50
ChinaSSE 2913444.8330.770.770.310.46
Hong KongHKEX 4218842.8644.440.670.280.39
DenmarkCOPENHAGEN 1913768.4253.850.460.080.38
SingaporeSGX 149564.2955.560.670.330.33
PakistanKSE 163318.75100.000.330.000.33
JordanASE 35231065.7143.481.391.220.17
NorwayOSE 2717562.9629.410.650.530.12
USFOREX 2110347.6230.000.300.200.10
SwitzerlandSIX 2110447.6240.000.200.200.00
TurkeyBIST 4013732.5053.850.690.690.00
BangladeshDSE 155133.3320.000.200.40-0.20
TaiwanGTSM 154226.6750.000.000.50-0.50
JapanTOKYO 2211350.0027.270.090.64-0.55
OmanMSM 106060.000.000.001.50-1.50
USWARRANTS 168450.0050.002.887.13-4.25
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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