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 1/1/2021
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
Vietnam HNX 64281743.7560.7116.661.0015.66
JapanFUKUOKA 227231.8228.5715.221.6013.62
TurkeyBIST 53927416050.8358.3910.711.369.35
IndonesiaIDX 3461498943.0659.739.871.468.41
ArgentinaBUE 46629720465.0267.337.291.096.20
EgyptEGX 60430018249.6760.677.661.546.13
RussiaMICEX 58362962.0780.565.690.195.50
JapanSAPPORO 43275.0066.677.001.675.33
ChinaSZSE 116085712342249.2159.915.560.984.58
Poland GPW 59233820157.6058.945.591.424.17
IndiaNSE 3148158692650.4158.355.311.244.07
Hong KongHKEX 2863153684753.6555.145.421.364.06
ChileBCS 99533153.5458.494.910.933.97
ChinaSSE 95754793278150.0658.024.880.983.90
BelgiumBRUSSELS 2961468149.3255.484.951.093.86
ThailandSET 35417710950.0061.584.841.003.84
USNASDAQ 163458917482854.6354.065.381.613.77
IsraelTASE 184894457451.1960.684.811.133.68
Vietnam HOSE 45924713853.8155.874.991.313.68
NorwayOSE 44524812955.7352.025.171.533.65
South KoreaKOSDAQ 45602460134853.9554.804.991.373.62
JapanNAGOYA 55321858.1856.255.201.673.54
IndiaBSE 46672419135551.9455.904.921.403.52
Greece ATHENS 76492364.4746.944.400.903.50
PakistanKSE 71533719547.1357.864.631.183.45
ArgentinaBUE 169756.2577.783.560.113.44
KuwaitKSE 77442457.1454.554.721.333.40
CanadaCSE 143813956.6448.156.623.263.36
DenmarkCOPENHAGEN 2751387550.1854.354.591.343.25
SwedenSTOCKHOLM 145375939652.2452.174.651.643.01
CanadaTSX-V 2351446361.2843.755.802.842.96
Austria WIENERBORSE 44025312557.5049.414.331.382.95
MalaysiaBURSA 42220110647.6352.744.361.412.94
QatarQE 102533551.9666.043.520.582.94
JapanTOKYO 1809510312607256.9958.883.941.062.89
SingaporeSGX 2751157541.8265.223.540.722.83
JordanASE 30231076.6743.484.161.352.81
ChileBCS 43201246.5160.003.000.252.75
The World 1903011041315744855.1654.733.901.162.75
TaiwanGTSM 158987650955.1358.113.480.832.65
USOTC PINK 61183443170657.5748.444.461.992.48
USNYSE 2554514789802157.8954.243.521.102.43
TaiwanTWSE 2829158387555.9655.273.370.962.41
PhilippinesPSE 156734046.7954.793.781.402.38
SpainIBEX 3351829954.3354.403.501.152.35
FrancePARIS 3257176092854.0452.733.591.262.34
UKLSE 33191157.5857.892.470.212.26
FOREXFOREX 28201071.4350.002.550.302.25
UAEUAE 58241141.3845.833.571.372.20
CanadaTSX 53822823154452.4554.693.191.082.10
IndonesiaIDX 3420958.8245.002.350.302.05
MexicoBMV 88150824857.6648.823.631.701.93
AustraliaASX 2908164688356.6053.653.201.281.92
UKLSE 91025462291760.0453.383.151.301.85
South KoreaKRX 41922199108852.4849.452.931.151.78
BrazilBOVESPA 144480941256.0250.933.451.721.74
USAMEX 3038181789759.8149.372.701.031.67
SwitzerlandSIX 2030120663159.4152.322.861.211.65
GermanyXETRA 96705519292957.0753.072.620.971.64
PortugalLISBON 74402154.0552.502.861.241.62
MexicoBMV 47211544.6871.431.710.241.48
BangladeshDSE 1961134457.6538.942.721.321.41
ItalyBORSA 58973471167758.8648.312.591.281.31
Vietnam HOSE 33141042.4271.431.430.141.29
NetherlandsAMSTERDAM 155890446858.0251.772.311.151.16
IsraelTASE 46271958.7070.371.260.111.15
AustraliaASX 28161057.1462.501.190.061.13
Saudi ArabiaTADAWUL 63330715648.5050.812.281.181.10
ThailandSET 2917758.6241.181.060.120.94
FrancePARIS 2210745.4570.000.900.100.80
SpainIBEX 2210745.4570.000.900.100.80
GermanyXETRA 2210745.4570.000.900.100.80
BelgiumBRUSSELS 2110747.6270.000.900.100.80
Austria WIENERBORSE 2210745.4570.000.900.100.80
ItalyBORSA 2210745.4570.000.900.100.80
PortugalLISBON 2110747.6270.000.900.100.80
NetherlandsAMSTERDAM 2110747.6270.000.900.100.80
PhilippinesPSE 35191154.2957.890.840.050.79
Greece ATHENS 199647.3766.670.890.110.78
NorwayOSE 44261059.0938.461.190.460.73
BrazilBOVESPA 27221281.4854.551.180.450.73
IndiaNSE 31181058.0655.561.000.280.72
MalaysiaBURSA 34181252.9466.670.890.220.67
UAEUAE 39201351.2865.000.800.150.65
BangladeshDSE 248233.3325.001.000.380.63
Poland GPW 37201154.0555.000.850.250.60
CanadaTSX 2519876.0042.110.840.260.58
SwedenSTOCKHOLM 4626956.5234.620.650.270.38
TurkeyBIST 46161034.7862.500.940.560.38
South KoreaKOSDAQ 137453.8557.140.290.000.29
Hong KongHKEX 5222942.3140.910.550.270.27
DenmarkCOPENHAGEN 2915851.7253.330.400.130.27
SingaporeSGX 2414758.3350.000.500.290.21
USFOREX 2514556.0035.710.360.210.14
ChinaSSE 4118743.9038.890.560.440.11
RussiaMICEX 2900055.170.000.000.000.00
USWARRANTS 920052.170.000.000.000.00
USPREFERRED 10000051.600.000.000.000.00
SwitzerlandSIX 2812542.8641.670.330.330.00
TaiwanGTSM 217233.3328.570.000.29-0.29
JapanTOKYO 2413554.1738.460.230.54-0.31
PakistanKSE 248433.3350.000.130.63-0.50
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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