BEARISH THREE GAP UPS
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 selling decisions.
BEARISH THREE GAP UPS
Definition
This is a four day bearish reversal pattern. It consists of three consecutive days each gapping higher on the open. After Three Gap Ups the market becomes extremely overbought and ready for the reversal of the current uptrend.
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 up away from the first day’s body.
3. The last two days are white and their bodies must gap up from the bodies of the prior days.
Pattern Requirements and Flexibility
The first two days of the Bearish Three Gap Ups can be of any color but the last two days should be white. There must be upside body gaps between the candlesticks.
Trader’s Behavior
The market is overbought with three gaps up in a row and it is time for profit taking.
Sell/Stop Loss Levels
The confirmation level is defined as the midpoint of the last white body. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 34181452.9477.7823.832.1121.72
CanadaCSE 2331218154.5163.7812.492.589.91
JapanFUKUOKA 23111047.8390.916.090.096.00
Vietnam HNX 57302152.6370.006.531.305.23
JapanNAGOYA 82472757.3257.456.571.774.81
JapanSAPPORO 114336.3675.004.750.004.75
CanadaTSX-V 41926716163.7260.307.403.064.34
NorwayOSE 61733818954.7855.925.621.524.09
TurkeyBIST 3221138479842.9757.665.371.374.00
IndiaBSE 93104585279049.2560.854.991.243.75
JordanASE 85352341.1865.714.861.263.60
IndiaNSE 84664262252850.3459.314.671.163.50
IndonesiaIDX 56729316551.6856.315.271.783.49
USOTC PINK 64423801192859.0050.725.472.013.46
ArgentinaBUE 60225915143.0258.304.961.593.37
SwedenSTOCKHOLM 2388120270250.3458.404.671.313.35
Poland GPW 81944427354.2161.494.771.473.30
PakistanKSE 152276648350.3363.054.531.313.22
MalaysiaBURSA 77739922151.3555.394.621.563.06
BangladeshDSE 77241225153.3760.924.111.192.92
South KoreaKOSDAQ 3390172496050.8855.654.571.812.76
Vietnam HOSE 53926813749.7251.124.471.752.72
IsraelTASE 170280145647.0656.933.891.302.59
USNASDAQ 160428239431351.3652.353.891.352.54
ThailandSET 55526714948.1155.813.621.102.52
Hong KongHKEX 2949151885751.4856.463.951.432.52
UAEUAE 94453047.8766.673.240.802.44
SpainIBEX 50227016053.7859.263.410.962.44
PhilippinesPSE 42023114655.0063.203.601.192.41
EgyptEGX 109749227844.8556.504.021.682.34
RussiaMICEX 73337020150.4854.323.130.792.34
DenmarkCOPENHAGEN 47025914555.1155.983.361.072.29
PhilippinesPSE 2012860.0066.672.420.172.25
SingaporeSGX 3051608252.4651.253.441.232.21
ChinaSZSE 41762127111250.9352.283.621.452.17
BrazilBOVESPA 165378640347.5551.273.341.232.12
BelgiumBRUSSELS 42922913553.3858.953.050.942.11
Austria WIENERBORSE 2731538356.0454.253.271.192.08
ChileBCS 100483048.0062.504.192.132.06
TaiwanGTSM 2167111862451.5955.813.291.361.93
South KoreaKRX 40281937102948.1453.073.201.301.90
ChinaSSE 3022157082251.9552.363.191.301.89
The World 2068261067985437651.6450.913.011.141.88
QatarQE 106512848.1154.902.730.861.86
JapanTOKYO 162448858468054.5352.833.021.171.85
AustraliaASX 2863164679457.4948.243.091.321.76
CanadaTSX 52232708136751.8550.482.731.021.72
USPREFERRED 122960530349.2350.082.350.731.61
TaiwanGTSM 1310576.9250.001.800.201.60
TaiwanTWSE 39542000103450.5851.702.621.061.56
Greece ATHENS 105653561.9053.852.711.201.51
OmanMSM 249341.6730.002.701.201.50
MexicoBMV 99155627456.1049.283.041.561.48
PortugalLISBON 100502350.0046.002.441.041.40
FrancePARIS 39982205108755.1549.302.300.941.36
KuwaitKSE 142764153.5253.952.861.511.34
SingaporeSGX 148557.1462.501.250.001.25
USNYSE 2635913642631451.7746.272.221.041.17
USAMEX 2274120656153.0346.522.541.371.16
ItalyBORSA 55553146146056.6346.412.151.021.14
UKLSE 74034076183755.0945.052.211.091.12
UKLSE 2011755.0063.641.270.181.09
SwitzerlandSIX 1958104047953.1246.061.860.861.00
NorwayOSE 1811761.1163.641.090.091.00
IsraelTASE 116554.5583.331.000.001.00
NetherlandsAMSTERDAM 165895745457.7247.441.780.780.99
MexicoBMV 57301952.6363.331.400.470.93
DenmarkCOPENHAGEN 26161061.5462.501.130.250.88
Saudi ArabiaTADAWUL 105751725248.9148.742.191.320.86
TurkeyBIST 4014635.0042.861.360.500.86
ChileBCS 2111752.3863.641.000.180.82
GermanyXETRA 76104445207658.4146.701.730.910.81
SwedenSTOCKHOLM 2414958.3364.290.710.000.71
ArgentinaBUE 60211435.0066.670.810.190.62
RussiaMICEX 105350.0060.001.000.400.60
MalaysiaBURSA 2713748.1553.850.540.000.54
BrazilBOVESPA 2915651.7240.000.930.400.53
ChinaSSE 219542.8655.560.780.330.44
Poland GPW 2012860.0066.670.830.420.42
JapanTOKYO 2512648.0050.000.500.080.42
IndiaNSE 30181060.0055.560.720.330.39
IndonesiaIDX 2814750.0050.000.640.290.36
South KoreaKOSDAQ 73142.8633.330.670.330.33
AustraliaASX 139669.2366.670.560.220.33
ThailandSET 2411745.8363.640.450.180.27
CanadaTSX 2111452.3836.360.550.270.27
PakistanKSE 219642.8666.670.330.110.22
UAEUAE 2613550.0038.460.540.460.08
Vietnam HOSE 2312452.1733.330.250.250.00
PortugalLISBON 114336.3675.000.250.250.00
GermanyXETRA 114336.3675.000.250.250.00
FrancePARIS 114336.3675.000.250.250.00
SpainIBEX 114336.3675.000.250.250.00
Greece ATHENS 114336.3675.000.250.250.00
BangladeshDSE 126350.0050.000.330.330.00
BelgiumBRUSSELS 114336.3675.000.250.250.00
Austria WIENERBORSE 114336.3675.000.250.250.00
ItalyBORSA 114336.3675.000.250.250.00
NetherlandsAMSTERDAM 114336.3675.000.250.250.00
Hong KongHKEX 98488.8950.000.130.38-0.25
USFOREX 2112557.1441.670.170.42-0.25
SwitzerlandSIX 53160.0033.330.000.33-0.33
FOREXFOREX 278129.6312.500.250.88-0.63
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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.