BULLISH CONCEALING BABY SWALLOW
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 CONCEALING BABY SWALLOW
Definition
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.
Title
Pattern Performance in Stock Exchanges since 1/1/2014
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
IndiaBSE 236626.09100.007.170.007.17
USOTC PINK 111100.00100.007.000.007.00
USNYSE 42250.00100.006.500.006.50
Poland GPW 331100.0033.336.330.006.33
BangladeshDSE 21150.00100.005.000.005.00
Vietnam HOSE 111100.00100.003.000.003.00
FrancePARIS 32266.67100.003.000.003.00
The World 112422637.5061.902.830.672.17
UKLSE 147550.0071.432.290.571.71
ItalyBORSA 21150.00100.001.000.001.00
EgyptEGX 21150.00100.001.000.001.00
USNASDAQ 42250.00100.000.500.000.50
GermanyXETRA 52140.0050.001.000.500.50
ChinaSSE 1000.000.000.000.000.00
CanadaTSX 1000.000.000.000.000.00
IsraelTASE 1000.000.000.000.000.00
IndonesiaIDX 3000.000.000.000.000.00
South KoreaKOSDAQ 2000.000.000.000.000.00
South KoreaKRX 1000.000.000.000.000.00
TaiwanTWSE 5000.000.000.000.000.00
USAMEX 221100.0050.000.500.500.00
PakistanKSE 1000.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
MexicoBMV 1000.000.000.000.000.00
USPREFERRED 21050.000.000.000.000.00
IndiaNSE 92022.220.000.000.50-0.50
TaiwanGTSM 110100.000.000.001.00-1.00
Hong KongHKEX 31033.330.000.001.00-1.00
JapanTOKYO 42050.000.000.001.50-1.50
CanadaTSX-V 110100.000.000.003.00-3.00
AustraliaASX 31033.330.000.004.00-4.00
BrazilBOVESPA 21050.000.000.009.00-9.00
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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