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
JapanNAGOYA 42242057.1483.339.130.338.79
IndonesiaIDX 152725547.3776.397.960.477.49
ArgentinaBUE 74332844.5984.857.300.616.70
South KoreaKOSDAQ 115869749360.2870.637.040.766.28
TaiwanGTSM 55726418147.4068.566.660.606.06
PakistanKSE 38922416057.5871.436.510.506.00
Hong KongHKEX 150981051553.6863.586.811.045.77
TurkeyBIST 163855852.1568.246.180.795.39
JapanSAPPORO 43275.0066.677.001.675.33
NorwayOSE 1961308266.3363.086.391.315.08
Vietnam HOSE 123693956.1056.525.991.034.96
IndiaBSE 2660149496756.1764.735.921.034.89
Greece ATHENS 27171162.9664.715.530.654.88
IsraelTASE 59130419351.4463.495.640.774.87
ChinaSZSE 2663148897855.8865.735.710.894.82
QatarQE 71402656.3465.005.000.554.45
ThailandSET 2031188458.1371.194.920.694.23
IndiaNSE 180797661154.0162.604.860.893.97
ChinaSSE 2180126582158.0364.904.850.903.95
USNASDAQ 54802882172452.6159.804.951.053.89
ArgentinaBUE 96666.67100.003.830.003.83
CanadaTSX-V 77381949.3550.006.182.373.82
SpainIBEX 24815210161.2966.454.280.623.66
BangladeshDSE 103694166.9959.424.290.683.61
BrazilBOVESPA 2651478955.4760.544.350.853.50
UAEUAE 25151260.0080.003.930.533.40
South KoreaKRX 146084154557.6064.803.910.653.26
TaiwanTWSE 94447528450.3259.793.810.633.19
USAMEX 40920012348.9061.504.481.323.16
USWARRANTS 227431.8257.144.431.293.14
PortugalLISBON 67433064.1869.774.071.053.02
SingaporeSGX 153734247.7157.533.810.882.93
BelgiumBRUSSELS 1991218360.8068.603.470.562.91
AustraliaASX 90257233963.4159.273.750.852.90
The World 74283418212541756.3260.753.740.862.89
MalaysiaBURSA 185945250.8155.324.111.222.88
USOTC PINK 2914170686658.5850.734.541.672.88
EgyptEGX 45121811848.3454.134.131.262.87
Poland GPW 2561499558.5963.333.911.042.87
Austria WIENERBORSE 61443272.1372.733.640.912.73
RussiaMICEX 1661056463.2560.953.430.702.72
ItalyBORSA 27621672101260.8360.243.360.822.53
CanadaTSX 2489127675451.2759.093.110.612.50
DenmarkCOPENHAGEN 121654353.7266.153.110.622.49
JapanTOKYO 95605404316656.5358.593.430.992.43
PhilippinesPSE 73361749.3247.223.671.282.39
Saudi ArabiaTADAWUL 66131219447.2062.183.280.932.35
CanadaCSE 2212554.5541.674.332.002.33
RussiaMICEX 25141356.0092.862.360.072.29
MexicoBMV 166637.50100.002.170.002.17
USPREFERRED 37320913156.0362.682.560.442.12
SwedenSTOCKHOLM 55233620960.8762.202.930.842.09
Vietnam HOSE 164225.0050.002.250.252.00
UKLSE 33912057124560.6660.532.770.811.96
IndonesiaIDX 1610562.5050.002.100.201.90
MexicoBMV 3131477546.9651.022.680.791.89
UKLSE 178547.0662.502.130.251.88
NetherlandsAMSTERDAM 63141426365.6163.532.410.581.82
GermanyXETRA 31072027122565.2460.432.450.661.80
USNYSE 108225625315151.9856.022.650.871.78
IndiaNSE 139869.2388.891.890.111.78
FrancePARIS 1746106164060.7760.322.420.731.69
PortugalLISBON 83237.5066.671.670.001.67
Austria WIENERBORSE 83237.5066.671.670.001.67
BelgiumBRUSSELS 83237.5066.671.670.001.67
GermanyXETRA 83237.5066.671.670.001.67
Greece ATHENS 83237.5066.671.670.001.67
FrancePARIS 83237.5066.671.670.001.67
SpainIBEX 83237.5066.671.670.001.67
NetherlandsAMSTERDAM 83237.5066.671.670.001.67
ItalyBORSA 83237.5066.671.670.001.67
PhilippinesPSE 138461.5450.001.630.001.63
SwitzerlandSIX 88358335366.0260.551.940.541.39
AustraliaASX 179652.9466.671.440.111.33
MalaysiaBURSA 209745.0077.781.440.221.22
BrazilBOVESPA 1311884.6272.731.450.361.09
ThailandSET 2215668.1840.001.200.131.07
JordanASE 27171062.9658.821.880.881.00
ChileBCS 279533.3355.561.440.441.00
FOREXFOREX 1911757.8963.641.180.181.00
Poland GPW 2213759.0953.851.150.230.92
Vietnam HNX 47251153.1944.003.002.120.88
UAEUAE 2714951.8564.290.930.140.79
IsraelTASE 2512948.0075.000.830.080.75
SwedenSTOCKHOLM 1711464.7136.360.910.360.55
ChinaSSE 2310343.4830.000.900.400.50
PakistanKSE 153320.00100.000.330.000.33
DenmarkCOPENHAGEN 139469.2344.440.330.000.33
SwitzerlandSIX 114336.3675.000.500.250.25
CanadaTSX 1312492.3133.330.500.250.25
OmanMSM 106160.0016.670.500.330.17
TurkeyBIST 197436.8457.141.000.860.14
JapanFUKUOKA 96266.6733.331.001.000.00
South KoreaKOSDAQ 3000.000.000.000.000.00
ChileBCS 1000.000.000.000.000.00
NorwayOSE 2012460.0033.330.330.50-0.17
SingaporeSGX 95255.5640.000.200.40-0.20
BangladeshDSE 135138.4620.000.200.40-0.20
Hong KongHKEX 3413438.2430.770.080.31-0.23
USFOREX 168250.0025.000.000.38-0.38
JapanTOKYO 137253.8528.570.000.43-0.43
TaiwanGTSM 143121.4333.330.000.67-0.67
KuwaitKSE 147450.0057.142.293.43-1.14
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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