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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 96543759.3864.9111.672.798.88
CanadaTSX-V 25716710764.9864.077.742.655.10
JordanASE 143594141.2669.496.021.025.00
JapanFUKUOKA 2313756.5253.855.230.384.85
JapanNAGOYA 83503060.2460.006.421.604.82
ChileBCS 105450.0080.004.800.004.80
JapanSAPPORO 114336.3675.004.750.004.75
Vietnam HNX 54342462.9670.595.911.214.71
TurkeyBIST 2320105662745.5259.385.051.143.91
IndiaBSE 103055178315150.2560.855.111.323.80
Vietnam HOSE 37018310849.4659.024.841.253.59
IsraelTASE 129862538948.1562.244.611.033.58
ArgentinaBUE 41118211444.2862.644.801.423.38
IndiaNSE 85884406260751.3459.134.531.223.31
NorwayOSE 53830116955.9556.154.521.223.30
QatarQE 102442443.1454.553.570.453.11
PakistanKSE 164479350448.2463.564.251.262.98
UAEUAE 94523555.3267.313.981.102.88
USOTC PINK 64693872194660.1250.044.511.642.87
IndonesiaIDX 53728616653.2658.044.051.232.82
Poland GPW 60433419955.3059.583.841.032.81
EgyptEGX 87442825248.9758.884.191.402.79
Hong KongHKEX 3141161091551.2656.833.921.252.68
BangladeshDSE 86747628754.9060.293.931.262.67
South KoreaKOSDAQ 3085162993452.8457.304.571.922.64
Saudi ArabiaTADAWUL 111255231249.6456.523.581.032.55
SwedenSTOCKHOLM 2076106759951.4056.143.721.192.53
MalaysiaBURSA 61532819753.3360.063.511.022.49
BelgiumBRUSSELS 49024814150.6156.853.010.642.37
ThailandSET 54230516556.2754.103.611.292.32
RussiaMICEX 57129616351.8455.073.200.972.23
TaiwanGTSM 1937102259152.7657.833.521.302.22
ChinaSZSE 50032514124450.2549.483.981.762.22
SpainIBEX 60031116951.8354.343.060.862.21
USAMEX 169389743652.9848.613.251.082.16
USNASDAQ 137457100369751.7052.033.291.142.15
South KoreaKRX 36691918101952.2853.133.271.252.02
DenmarkCOPENHAGEN 46124113352.2855.192.840.851.99
ChinaSSE 3581185492151.7749.683.551.581.97
PhilippinesPSE 1810655.5660.002.100.201.90
PhilippinesPSE 35519111753.8061.262.991.111.88
BrazilBOVESPA 144272137050.0051.323.031.161.87
The World 191047981175058751.3751.542.891.041.85
CanadaTSX 53632825145052.6851.332.610.811.80
JapanTOKYO 182389349499851.2653.462.871.081.79
Austria WIENERBORSE 2351286754.4752.342.590.861.73
KuwaitKSE 97512552.5849.022.981.251.73
AustraliaASX 2625144871455.1649.312.721.181.54
PortugalLISBON 135813560.0043.212.511.051.46
SingaporeSGX 127558.3371.431.430.001.43
MexicoBMV 37191451.3573.681.630.211.42
UKLSE 125341.6760.001.800.401.40
TaiwanTWSE 3288174989653.1951.232.461.061.40
MexicoBMV 86245923353.2550.762.571.221.35
FrancePARIS 41542130103151.2848.401.970.731.24
ItalyBORSA 54132896136153.5047.002.010.851.15
SwitzerlandSIX 2120105550349.7647.681.750.631.12
DenmarkCOPENHAGEN 2011755.0063.641.360.271.09
NetherlandsAMSTERDAM 173290243752.0848.451.680.641.04
Greece ATHENS 100553255.0058.182.251.221.04
South KoreaKOSDAQ 62133.3350.001.000.001.00
USNYSE 2673413714635851.3046.361.860.861.00
UKLSE 71533737168552.2645.081.890.890.99
GermanyXETRA 74804068191454.3947.051.700.740.95
NorwayOSE 169656.2566.671.000.110.89
ArgentinaBUE 50181336.0072.220.940.110.83
ChileBCS 2111752.3863.641.000.180.82
USPREFERRED 88341319546.7747.221.150.350.80
RussiaMICEX 74257.1450.001.250.500.75
TurkeyBIST 268530.7762.501.130.380.75
TaiwanGTSM 107370.0042.861.000.290.71
IndiaNSE 2213859.0961.540.850.150.69
OmanMSM 4120848.7840.003.002.350.65
IsraelTASE 75471.4380.000.600.000.60
BrazilBOVESPA 2312552.1741.670.920.330.58
MalaysiaBURSA 2310443.4840.000.500.000.50
CanadaTSX 118372.7337.500.750.250.50
ThailandSET 1910752.6370.000.500.100.40
FrancePARIS 83337.50100.000.330.000.33
SpainIBEX 83337.50100.000.330.000.33
Greece ATHENS 83337.50100.000.330.000.33
GermanyXETRA 83337.50100.000.330.000.33
BangladeshDSE 43275.0066.670.330.000.33
BelgiumBRUSSELS 83337.50100.000.330.000.33
Austria WIENERBORSE 83337.50100.000.330.000.33
ItalyBORSA 83337.50100.000.330.000.33
NetherlandsAMSTERDAM 83337.50100.000.330.000.33
PortugalLISBON 83337.50100.000.330.000.33
SwedenSTOCKHOLM 2012760.0058.330.330.000.33
JapanTOKYO 167243.7528.570.290.000.29
ChinaSSE 188444.4450.000.630.380.25
UAEUAE 2312552.1741.670.580.420.17
AustraliaASX 128566.6762.500.380.250.13
Poland GPW 149564.2955.560.670.560.11
Hong KongHKEX 76485.7166.670.170.170.00
FOREXFOREX 235121.7420.000.400.400.00
USWARRANTS 32166.6750.000.500.500.00
PakistanKSE 144128.5725.000.250.250.00
Vietnam HOSE 2011355.0027.270.180.27-0.09
IndonesiaIDX 2311547.8345.450.180.36-0.18
USFOREX 118472.7350.000.130.38-0.25
SwitzerlandSIX 53160.0033.330.000.33-0.33
SingaporeSGX 2921406247.9544.292.064.01-1.95
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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