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.
This is a pattern formed by four black candlesticks. After two falling Black Marubozu days, a short down day engulfed by a fourth black day shows that the downtrend has eroded significantly, despite the final close is at a new low.
Recognition Criteria
1. Two falling Black Marubozu days at the beginning confirms the downtrend.
2. The third day is a short black with downside gap. However, this day trades into the previous day’s body, producing a long upper shadow.
3. The fourth black day completely engulfs the third day including the shadow.
Pattern Requirements and Flexibility
The first two days of the Bullish Concealing Baby Swallow are types of Black Marubozu. The third day is a short black candlestick with an upper shadow that extends into the previous day’s trading range. The fourth black day makes a new low and engulfs the trading range of the third day completely.
Trader’s Behavior
Two black Marubozu show that downtrend is continuing to the satisfaction of the bears. On the third day, we see a downward gap further confirming the downtrend. However, prices on the third day start going above the close of the previous day causing some doubts about the bearish direction even though the day closes at or near its low. The next day shows us a significantly higher gap in the opening. After the opening, however, prices again go down closing at a new low. This last day may be interpreted as a good chance for the short-sellers to cover their short positions. An upside reversal still requires confirmation with a white candlestick.
Buy/Stop Loss Levels
The confirmation level is defined as the midpoint of the previous short 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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
ChileBCS 111100.00100.0025.120.0025.12
NorwayOSE 72128.5750.009.011.337.69
MexicoBMV 31133.33100.
JapanTOKYO 137653.8585.715.980.125.86
MalaysiaBURSA 21150.00100.004.800.004.80
IndiaNSE 3012840.0066.675.330.764.57
NetherlandsAMSTERDAM 32266.67100.003.810.003.81
BrazilBOVESPA 53360.00100.003.600.003.60
CanadaTSX 116254.5533.332.761.531.24
The World 3521004929.5547.122.771.571.21
Poland GPW 41125.00100.
UKLSE 225422.7380.001.750.910.84
IndiaBSE 6315723.8146.672.812.100.72
USOTC PINK 102140.0025.001.300.610.69
ItalyBORSA 91111.11100.000.610.000.61
USNASDAQ 175329.4160.003.252.650.60
GermanyXETRA 105250.0040.000.510.220.30
FrancePARIS 72128.5750.001.481.270.21
Vietnam HNX 1000.
TaiwanTWSE 3000.
TurkeyBIST 1000.
ThailandSET 3000.
SingaporeSGX 1000.
PakistanKSE 3000.
Saudi ArabiaTADAWUL 1000.
South KoreaKOSDAQ 3000.
South KoreaKRX 5000.
AustraliaASX 4000.
Austria WIENERBORSE 1000.
CanadaTSX-V 2000.
SwitzerlandSIX 2000.
ChinaSSE 1000.
IndonesiaIDX 4000.
USNYSE 144128.5725.000.620.80-0.17
ArgentinaBUE 41025.
TaiwanGTSM 61016.670.000.000.27-0.27
PhilippinesPSE 110100.
SwedenSTOCKHOLM 83137.5033.332.913.50-0.59
RussiaMICEX 21050.
IsraelTASE 93133.3333.330.231.45-1.22
ChinaSZSE 110100.
SpainIBEX 21050.
BangladeshDSE 143021.430.000.003.07-3.07
BelgiumBRUSSELS 32066.670.000.003.15-3.15
Hong KongHKEX 195026.320.000.005.03-5.03
USAMEX 52040.000.000.0010.06-10.06
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


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