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 1/1/2019
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 42222113452.3760.6311.281.2310.05
JapanFUKUOKA 3010333.3330.0011.602.509.10
USWARRANTS 82462456.1052.1710.592.468.13
IndonesiaIDX 258966137.2163.549.361.437.94
JapanNAGOYA 69402557.9762.507.581.156.43
ArgentinaBUE 28016110857.5067.087.071.375.70
EgyptEGX 68333819849.4958.586.991.495.50
USPREFERRED 64534420453.3359.306.420.985.44
CanadaCSE 136794258.0953.167.732.345.39
JapanSAPPORO 43275.0066.677.001.675.33
RussiaMICEX 55352763.6477.145.510.205.31
Vietnam HNX 60291748.3358.626.341.345.00
Poland GPW 52030518958.8561.766.211.354.86
KuwaitKSE 49321965.3159.386.251.594.66
Hong KongHKEX 2443129877153.1359.405.761.164.60
Vietnam HOSE 33318510755.5657.845.611.104.51
ThailandSET 31516410652.0664.635.441.014.43
South KoreaKOSDAQ 2862162194056.7457.885.381.174.21
ChinaSZSE 84284123237248.9257.535.061.054.01
IndiaNSE 3411171099250.1358.015.241.234.01
IndiaBSE 49192506143651.0157.235.211.383.84
USNASDAQ 112606230343555.3855.085.381.613.78
ArgentinaBUE 148657.1475.003.750.133.63
RussiaMICEX 3031699155.7853.854.981.383.60
IsraelTASE 162182346650.7756.624.831.303.53
ChinaSSE 61283019168149.3155.634.421.003.42
ChileBCS 67321947.7659.384.471.063.41
MalaysiaBURSA 41618810645.1956.384.581.303.28
BelgiumBRUSSELS 2381387957.9857.254.301.043.26
NorwayOSE 3271869756.8852.155.081.873.21
DenmarkCOPENHAGEN 2451297352.6556.594.351.143.21
TaiwanGTSM 113358833651.9057.144.070.863.21
PakistanKSE 78937020546.8955.414.401.243.16
SwedenSTOCKHOLM 114663334855.4154.804.461.403.06
JapanTOKYO 172009634568256.0158.984.051.062.99
PhilippinesPSE 158764148.1053.954.381.392.99
UKLSE 27151155.5673.333.130.202.93
The World 146865821474650155.9956.554.071.142.92
Austria WIENERBORSE 2661708863.9151.764.181.332.85
USNYSE 1769110306582858.3156.503.931.112.82
QatarQE 84483257.1466.673.350.562.79
SpainIBEX 2981719657.3856.143.740.982.76
AustraliaASX 2342131772956.4555.143.921.182.74
CanadaTSX-V 2221395963.9641.556.103.372.73
SingaporeSGX 2391036143.1059.223.630.922.71
USOTC PINK 50182960149759.5550.104.681.992.69
IndonesiaIDX 2713748.1553.852.850.152.69
South KoreaKRX 2946154783752.5854.033.470.942.53
USAMEX 1872105055356.0952.673.671.162.51
FrancePARIS 2534151482359.7554.363.541.122.41
TaiwanTWSE 2131118565755.6155.443.250.872.39
Greece ATHENS 63442369.8452.273.110.892.23
CanadaTSX 41762167117951.8954.413.331.122.22
JordanASE 1912563.1641.673.251.082.17
UKLSE 60193675198361.1253.903.341.222.12
PortugalLISBON 60362060.0055.563.251.142.11
UAEUAE 50221344.0059.093.451.452.00
SwitzerlandSIX 148794053763.2157.132.961.011.94
GermanyXETRA 52413405183464.9753.862.730.991.74
MexicoBMV 73140219354.9948.013.241.501.73
BangladeshDSE 2231446064.5741.672.881.191.69
MexicoBMV 29131144.8384.621.460.081.38
Saudi ArabiaTADAWUL 62432118351.4457.012.380.991.38
ItalyBORSA 39532411121261.0950.192.671.301.37
NetherlandsAMSTERDAM 94259632763.2754.872.391.031.37
AustraliaASX 25151060.0066.671.270.071.20
BrazilBOVESPA 101259930359.1950.583.282.081.20
PhilippinesPSE 2614953.8564.291.000.001.00
ThailandSET 2717762.9641.181.060.120.94
IndiaNSE 2515960.0060.001.130.270.87
Vietnam HOSE 2811739.2963.641.000.180.82
FrancePARIS 199647.3766.670.890.110.78
Greece ATHENS 199647.3766.670.890.110.78
GermanyXETRA 199647.3766.670.890.110.78
BelgiumBRUSSELS 199647.3766.670.890.110.78
Austria WIENERBORSE 199647.3766.670.890.110.78
NetherlandsAMSTERDAM 199647.3766.670.890.110.78
ItalyBORSA 199647.3766.670.890.110.78
SpainIBEX 199647.3766.670.890.110.78
PortugalLISBON 199647.3766.670.890.110.78
ChileBCS 3513637.1446.151.080.310.77
CanadaTSX 2117880.9547.060.940.180.76
IsraelTASE 37201354.0565.000.900.150.75
FOREXFOREX 2215768.1846.671.070.330.73
Poland GPW 29171058.6258.820.940.240.71
UAEUAE 38201352.6365.000.800.150.65
MalaysiaBURSA 2714951.8564.290.930.290.64
BrazilBOVESPA 2217977.2752.941.000.410.59
SwedenSTOCKHOLM 3522862.8636.360.730.270.45
Hong KongHKEX 4820941.6745.000.600.250.35
DenmarkCOPENHAGEN 2314760.8750.000.430.140.29
South KoreaKOSDAQ 104240.0050.000.250.000.25
NorwayOSE 3320660.6130.000.750.500.25
ChinaSSE 3617747.2241.180.590.350.24
PakistanKSE 205425.0080.000.200.000.20
SwitzerlandSIX 2311547.8345.450.360.180.18
SingaporeSGX 1811561.1145.450.550.360.18
USFOREX 2211450.0036.360.270.180.09
TurkeyBIST 4214833.3357.140.710.640.07
BangladeshDSE 186133.3316.670.170.33-0.17
TaiwanGTSM 186233.3333.330.000.33-0.33
JapanTOKYO 2312452.1733.330.080.58-0.50
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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