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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 2351288754.4767.9712.952.5310.42
JapanFUKUOKA 23121052.1783.337.040.256.79
IndonesiaIDX 85741425648.3161.848.341.856.49
CanadaTSX-V 47429819162.8764.098.242.625.62
TurkeyBIST 61241339.3454.175.630.335.29
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 51291556.8651.725.140.604.54
SwedenSTOCKHOLM 2955151191851.1360.755.621.284.34
IndiaBSE 126426267378749.6960.285.151.313.83
NorwayOSE 102055032153.9258.364.891.313.58
Vietnam HNX 143665046.1575.765.722.213.51
JordanASE 82372545.1267.574.430.933.50
BangladeshDSE 87145428652.1263.004.861.393.47
MalaysiaBURSA 84743725451.5958.124.911.493.42
PakistanKSE 141474646052.7661.664.781.373.41
Hong KongHKEX 33461819106254.3658.384.821.443.37
PhilippinesPSE 38621914156.7464.384.220.913.30
Poland GPW 104455933153.5459.214.831.573.26
DenmarkCOPENHAGEN 64636520256.5055.344.521.263.26
TurkeyBIST 55142365127642.8953.954.891.743.15
BelgiumBRUSSELS 44324013754.1857.083.960.913.04
IndiaNSE 117955975349950.7358.474.331.293.04
USOTC PINK 66793876191458.9348.635.082.053.03
South KoreaKOSDAQ 40272165123053.7656.814.661.633.02
ChileBCS 2531247549.0160.484.441.482.96
USNASDAQ 1914310247542253.5952.854.281.442.84
SpainIBEX 56128815451.3453.473.801.162.64
UAEUAE 127593846.4664.413.510.992.52
ChinaSZSE 69263713201753.6154.323.761.362.40
EgyptEGX 140663134444.9554.434.141.802.34
IsraelTASE 2245114761051.3152.953.511.182.33
ChinaSSE 57403126173854.4655.603.521.262.26
PhilippinesPSE 2112857.1466.672.420.172.25
BrazilBOVESPA 2659130769049.1552.793.401.172.23
TaiwanGTSM 3257165895351.0657.313.391.252.14
ThailandSET 72335419048.9653.673.471.362.12
QatarQE 155804951.6161.253.151.072.08
Greece ATHENS 168750.0087.502.130.132.00
MexicoBMV 124774139459.4253.173.631.691.93
The World 2748851440877295952.8950.183.021.131.89
PortugalLISBON 128572944.5350.882.770.881.88
JapanTOKYO 1947410927583356.1153.382.871.061.81
AustraliaASX 38872254109557.9948.583.041.241.80
PortugalLISBON 178647.0675.002.000.251.75
South KoreaKRX 52002763140653.1350.892.801.111.69
TaiwanTWSE 62173249171052.2652.632.731.051.68
FrancePARIS 189750.0077.781.890.221.67
SpainIBEX 189750.0077.781.890.221.67
GermanyXETRA 189750.0077.781.890.221.67
BelgiumBRUSSELS 189750.0077.781.890.221.67
Austria WIENERBORSE 189750.0077.781.890.221.67
ItalyBORSA 189750.0077.781.890.221.67
NetherlandsAMSTERDAM 189750.0077.781.890.221.67
SingaporeSGX 39221210754.0850.472.901.311.59
Austria WIENERBORSE 69336918753.2550.682.801.271.53
UKLSE 118466827319357.6746.742.551.051.51
Saudi ArabiaTADAWUL 147874039850.0753.782.591.091.50
OmanMSM 249341.6730.002.701.201.50
CanadaTSX 70403592173251.0248.222.521.051.47
TaiwanGTSM 1811561.1145.451.640.181.45
IsraelTASE 1711864.7172.731.450.001.45
KuwaitKSE 3031598952.4855.972.801.421.37
FrancePARIS 54983050142655.4946.742.240.891.35
PakistanKSE 30171156.6764.711.410.121.29
USAMEX 3710202690854.6144.822.341.061.28
South KoreaKOSDAQ 104240.0050.001.500.251.25
USNYSE 3409818447854654.1046.332.271.051.22
ArgentinaBUE 237498246742.2146.613.191.971.22
Vietnam HOSE 88845721151.4646.173.312.161.15
Greece ATHENS 1771005556.5055.002.591.471.12
SingaporeSGX 1710658.8260.001.100.001.10
SwitzerlandSIX 3126167974553.7144.372.010.931.08
ChileBCS 2414958.3364.291.290.211.07
MexicoBMV 60332255.0066.671.480.421.06
ItalyBORSA 94315128225254.3743.922.000.971.03
DenmarkCOPENHAGEN 31191261.2963.161.000.210.79
GermanyXETRA 151958629378856.7943.901.660.870.79
CanadaTSX 2513652.0046.151.000.230.77
UKLSE 2112757.1458.331.170.500.67
NetherlandsAMSTERDAM 2705156868357.9743.561.500.860.65
NorwayOSE 2516864.0050.000.810.190.63
SwedenSTOCKHOLM 30181060.0055.560.670.110.56
MalaysiaBURSA 32181056.2555.560.500.000.50
BrazilBOVESPA 3521860.0038.100.950.520.43
ArgentinaBUE 76261534.2157.690.730.310.42
IndiaNSE 32191159.3857.890.740.320.42
SwitzerlandSIX 75371.4360.000.600.200.40
Poland GPW 2313956.5269.230.770.380.38
RussiaMICEX 168450.0050.000.750.380.38
FOREXFOREX 3711429.7336.360.640.270.36
ChinaSSE 2614853.8557.140.640.290.36
ThailandSET 3112838.7166.670.500.170.33
UAEUAE 3315745.4546.670.730.400.33
IndonesiaIDX 3719951.3547.370.580.260.32
JapanTOKYO 2713648.1546.150.460.150.31
AustraliaASX 1610762.5070.000.500.200.30
BangladeshDSE 189550.0055.560.560.330.22
Vietnam HOSE 3219959.3847.370.320.210.11
RussiaMICEX 10050050.050.000.000.000.00
USWARRANTS 620067.740.000.000.000.00
USPREFERRED 12531049.160.000.000.000.00
Hong KongHKEX 1614787.5050.000.140.36-0.21
USFOREX 2615657.6940.000.130.47-0.33
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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