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 1/1/2016
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 45262057.7876.929.920.389.54
JapanFUKUOKA 86375.0050.007.831.006.83
Vietnam HNX 3218856.2544.447.831.676.17
IndonesiaIDX 61271944.2670.376.110.745.37
JapanSAPPORO 43275.0066.677.001.675.33
TurkeyBIST 170875051.1857.476.211.115.09
NorwayOSE 150944763.3349.475.941.124.82
CanadaCSE 3018960.0050.006.562.174.39
ThailandSET 153926460.1369.574.970.654.32
ArgentinaBUE 107670.0085.714.290.004.29
USAMEX 2921499551.0363.765.531.284.26
ArgentinaBUE 85463156.4764.585.211.174.04
PakistanKSE 45622012948.2558.644.900.953.95
IndiaBSE 2616143585454.8559.515.131.233.90
PhilippinesPSE 61382062.3052.635.031.163.87
South KoreaKOSDAQ 106359135155.6959.294.891.093.80
Vietnam HOSE 113643856.6459.384.921.193.73
IsraelTASE 53826415249.0757.584.641.033.61
TaiwanGTSM 40018811147.0059.044.400.833.57
BelgiumBRUSSELS 123694356.1062.324.290.723.57
SpainIBEX 1871076357.2258.884.390.993.40
IndiaNSE 165888150653.1457.434.541.143.40
JapanTOKYO 79714303257054.0559.664.340.993.35
USNASDAQ 46472495132953.7153.254.621.393.22
EgyptEGX 3331497844.7452.354.491.423.07
ChinaSZSE 2750139675950.7654.374.151.182.98
BrazilBOVESPA 1861105959.1453.643.730.952.77
Poland GPW 2021126455.4557.143.971.262.71
AustraliaASX 80751128363.3255.383.680.992.69
The World 60873340921876456.0555.003.541.062.48
South KoreaKRX 135274141054.8155.333.300.832.47
RussiaMICEX 1781025157.3050.003.371.002.37
UAEUAE 2413854.1761.543.381.082.31
Hong KongHKEX 95153228055.9452.633.421.142.28
USOTC PINK 2277143069163.1148.094.222.002.22
PortugalLISBON 48301862.5060.003.130.932.20
USNYSE 85344708255555.1754.273.140.962.18
Saudi ArabiaTADAWUL 39620712152.2758.452.920.762.16
MexicoBMV 2971477049.4947.623.050.902.15
MexicoBMV 199947.37100.002.110.002.11
MalaysiaBURSA 151724347.6859.723.381.292.08
CanadaTSX 185399453753.6454.022.920.862.06
BangladeshDSE 79592574.6842.373.191.142.05
IndonesiaIDX 1610562.5050.002.100.201.90
CanadaTSX-V 91502454.9548.005.463.561.90
RussiaMICEX 30171456.6782.352.000.121.88
SingaporeSGX 74401754.0542.502.851.001.85
IndiaNSE 149864.2988.891.890.111.78
DenmarkCOPENHAGEN 114583050.8851.722.811.071.74
UKLSE 1910752.6370.001.900.201.70
ItalyBORSA 2038124563861.0951.242.861.171.68
SwedenSTOCKHOLM 50928815256.5852.782.881.211.67
PhilippinesPSE 168450.0050.001.630.001.63
Vietnam HOSE 195326.3260.001.800.201.60
NetherlandsAMSTERDAM 45127716561.4259.572.270.671.60
USPREFERRED 39221112553.8359.241.920.341.58
ChinaSSE 2119107951850.9248.012.711.201.52
USWARRANTS 116454.5566.672.170.671.50
KuwaitKSE 168650.0075.002.751.251.50
UKLSE 2630162284561.7152.062.541.081.46
AustraliaASX 1810755.5670.001.400.101.30
SwitzerlandSIX 73647226164.1355.302.050.761.29
FrancePARIS 129778639960.6050.762.211.101.11
MalaysiaBURSA 2210745.4570.001.300.201.10
BrazilBOVESPA 1311884.6272.731.450.361.09
GermanyXETRA 2068138070766.8851.121.990.921.07
ThailandSET 2215668.1840.001.200.131.07
TaiwanTWSE 82842520551.3348.242.020.981.05
SpainIBEX 94244.4450.001.250.251.00
Greece ATHENS 94244.4450.001.250.251.00
ItalyBORSA 94244.4450.001.250.251.00
QatarQE 41281568.2953.571.820.821.00
Austria WIENERBORSE 94244.4450.001.250.251.00
BelgiumBRUSSELS 94244.4450.001.250.251.00
ChileBCS 299531.0355.561.440.441.00
GermanyXETRA 94244.4450.001.250.251.00
FrancePARIS 94244.4450.001.250.251.00
PortugalLISBON 94244.4450.001.250.251.00
NetherlandsAMSTERDAM 94244.4450.001.250.251.00
Austria WIENERBORSE 49362073.4755.562.471.500.97
FOREXFOREX 2114766.6750.001.140.210.93
Poland GPW 2213759.0953.851.150.230.92
IsraelTASE 28141050.0071.430.930.070.86
UAEUAE 3014946.6764.290.930.140.79
SwedenSTOCKHOLM 1913568.4238.461.000.310.69
ChinaSSE 2310343.4830.000.900.400.50
NorwayOSE 2113561.9038.460.850.460.38
PakistanKSE 163318.75100.000.330.000.33
DenmarkCOPENHAGEN 1411578.5745.450.360.090.27
CanadaTSX 1412485.7133.330.500.250.25
SingaporeSGX 116354.5550.000.500.330.17
Greece ATHENS 2721877.7838.101.331.240.10
South KoreaKOSDAQ 3000.000.000.000.000.00
SwitzerlandSIX 199447.3744.440.220.220.00
ChileBCS 1000.000.000.000.000.00
TurkeyBIST 3711529.7345.450.730.82-0.09
BangladeshDSE 135138.4620.000.200.40-0.20
Hong KongHKEX 3514540.0035.710.070.29-0.21
USFOREX 199347.3733.330.000.22-0.22
TaiwanGTSM 143121.4333.330.000.67-0.67
JapanTOKYO 158253.3325.000.000.88-0.88
OmanMSM 74057.140.000.002.00-2.00
JordanASE 127258.3328.570.142.29-2.14
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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