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 36018211650.5663.7412.631.1311.51
JapanFUKUOKA 238234.7825.0014.003.1310.88
USWARRANTS 27171262.9670.5910.530.889.65
IndonesiaIDX 205825840.0070.739.281.058.23
JapanNAGOYA 65372656.9270.278.810.977.84
ArgentinaBUE 181997154.7071.727.170.996.18
USPREFERRED 57233020457.6961.827.281.285.99
JapanSAPPORO 43275.0066.677.001.675.33
Vietnam HNX 47241151.0645.836.671.385.29
Poland GPW 43624715756.6563.566.551.305.25
EgyptEGX 70834420048.5958.146.531.465.08
ThailandSET 28515010052.6366.675.500.904.60
ChileBCS 36191152.7857.895.471.054.42
CanadaTSX-V 1591015163.5250.507.493.084.41
IsraelTASE 132363737548.9057.965.661.404.27
USNASDAQ 87094979287257.2557.605.691.474.22
PhilippinesPSE 126683953.9757.355.070.974.10
KuwaitKSE 36211558.3371.435.671.574.10
IndiaNSE 2938146381449.8655.565.291.333.96
IndiaBSE 43412243126051.6756.175.341.463.89
South KoreaKOSDAQ 2067113362154.9154.715.151.283.87
Vietnam HOSE 2291327757.6458.335.191.333.86
Austria WIENERBORSE 1661075964.4655.144.941.153.79
NorwayOSE 2861597955.5949.695.511.723.79
Hong KongHKEX 184495554251.7956.754.781.103.67
ArgentinaBUE 138661.5475.003.750.133.63
TaiwanGTSM 93844625547.5557.174.390.863.52
CanadaCSE 95602763.1645.006.473.153.32
MalaysiaBURSA 3621468640.3358.904.551.233.32
PakistanKSE 75935520546.7757.754.351.063.30
DenmarkCOPENHAGEN 2091035449.2852.434.491.203.28
BelgiumBRUSSELS 2231267256.5057.144.331.063.27
ChinaSZSE 52102576139349.4454.084.431.173.26
USNYSE 143508380481758.4157.474.331.183.15
SpainIBEX 31617810056.3356.184.411.303.11
SingaporeSGX 205824440.0053.664.331.263.07
SwedenSTOCKHOLM 101456029955.4253.204.471.423.05
AustraliaASX 1839101655655.3054.674.181.242.94
UKLSE 27151155.5673.333.130.202.93
The World 119570671093783756.1756.344.091.192.90
JapanTOKYO 143017935454155.4957.234.021.142.88
USOTC PINK 44112673131560.7349.095.122.242.87
IndonesiaIDX 2513752.0053.852.850.152.69
South KoreaKRX 2346120266351.2455.163.550.872.67
RussiaMICEX 32918710357.1454.793.881.252.63
PortugalLISBON 74482864.8658.333.711.192.52
TaiwanTWSE 163183845851.3854.653.410.912.50
ChinaSSE 3847188997349.1351.483.631.142.49
USAMEX 123371940258.4855.763.911.432.49
MexicoBMV 54930115554.8351.503.501.102.41
UKLSE 49413000162960.7254.303.451.242.20
CanadaTSX 3532181295551.3052.703.371.202.18
FrancePARIS 2255137571860.9852.223.321.232.09
RussiaMICEX 49292359.1879.312.000.171.83
GermanyXETRA 41382711143565.5152.932.851.091.75
BangladeshDSE 1931305867.3644.622.951.221.73
Saudi ArabiaTADAWUL 57830217352.2557.282.671.031.64
SwitzerlandSIX 127679646062.7757.432.641.001.64
ItalyBORSA 34992127107060.7950.312.941.461.47
NetherlandsAMSTERDAM 80852128664.4854.892.501.091.41
MexicoBMV 28131146.4384.621.460.081.38
AustraliaASX 2414958.3364.291.360.071.29
QatarQE 74442659.4659.091.930.821.11
Vietnam HOSE 237430.4357.141.290.291.00
PhilippinesPSE 2614953.8564.291.000.001.00
BrazilBOVESPA 53232716162.0348.793.492.550.95
ThailandSET 2717762.9641.181.060.120.94
IndiaNSE 2314960.8764.291.210.290.93
FOREXFOREX 2114766.6750.001.140.210.93
PortugalLISBON 158653.3375.001.000.130.88
NetherlandsAMSTERDAM 158653.3375.001.000.130.88
GermanyXETRA 158653.3375.001.000.130.88
Greece ATHENS 158653.3375.001.000.130.88
FrancePARIS 158653.3375.001.000.130.88
SpainIBEX 158653.3375.001.000.130.88
BelgiumBRUSSELS 158653.3375.001.000.130.88
Austria WIENERBORSE 158653.3375.001.000.130.88
ItalyBORSA 158653.3375.001.000.130.88
Poland GPW 2715955.5660.001.070.200.87
Greece ATHENS 50351470.0040.001.891.110.77
ChileBCS 3413638.2446.151.080.310.77
CanadaTSX 1916784.2143.750.940.190.75
IsraelTASE 36191252.7863.160.890.160.74
BrazilBOVESPA 1614887.5057.141.140.430.71
UAEUAE 34171150.0064.710.760.120.65
MalaysiaBURSA 2514956.0064.290.930.290.64
SwedenSTOCKHOLM 3120864.5240.000.800.300.50
Hong KongHKEX 4319944.1947.370.630.260.37
NorwayOSE 2919665.5231.580.790.470.32
DenmarkCOPENHAGEN 2214763.6450.000.430.140.29
South KoreaKOSDAQ 94244.4450.000.250.000.25
ChinaSSE 3416647.0637.500.630.380.25
UAEUAE 50211042.0047.622.522.290.24
PakistanKSE 205425.0080.000.200.000.20
SingaporeSGX 1611568.7545.450.550.360.18
USFOREX 2211450.0036.360.270.180.09
SwitzerlandSIX 2110447.6240.000.200.200.00
TurkeyBIST 4013732.5053.850.690.690.00
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 2013665.0046.150.621.46-0.85
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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