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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
TaiwanTWSE 41125.00100.0015.000.0015.00
Vietnam HOSE 111100.00100.0010.000.0010.00
NetherlandsAMSTERDAM 222100.00100.004.000.004.00
IndiaBSE 3310530.3050.005.202.003.20
RussiaMICEX 111100.00100.003.000.003.00
MalaysiaBURSA 221100.0050.002.500.502.00
JapanTOKYO 52140.0050.001.500.001.50
The World 123422134.1550.002.481.121.36
CanadaTSX-V 21150.00100.001.000.001.00
ItalyBORSA 41125.00100.001.000.001.00
USNYSE 111100.00100.001.000.001.00
Hong KongHKEX 42150.0050.001.000.500.50
Poland GPW 21050.000.000.000.000.00
PakistanKSE 2000.000.000.000.000.00
NorwayOSE 2000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
USNASDAQ 2000.000.000.000.000.00
USPREFERRED 2000.000.000.000.000.00
USOTC PINK 1000.000.000.000.000.00
EgyptEGX 111100.00100.000.000.000.00
South KoreaKOSDAQ 1000.000.000.000.000.00
South KoreaKRX 1000.000.000.000.000.00
JapanNAGOYA 1000.000.000.000.000.00
BangladeshDSE 1000.000.000.000.000.00
ArgentinaBUE 21050.000.000.000.000.00
GermanyXETRA 41125.00100.000.000.000.00
IndonesiaIDX 1000.000.000.000.000.00
USAMEX 32066.670.000.000.50-0.50
IsraelTASE 61016.670.000.001.00-1.00
UKLSE 63150.0033.330.331.67-1.33
IndiaNSE 92022.220.000.002.00-2.00
ChinaSZSE 110100.000.000.002.00-2.00
CanadaTSX 63150.0033.330.333.00-2.67
FrancePARIS 41025.000.000.003.00-3.00
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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