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 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 72352850.0077.7815.671.7513.92
ChileBCS 63350.00100.008.330.008.33
JordanASE 101423241.5876.197.450.906.55
USAMEX 51728019654.1670.006.800.845.96
CanadaTSX-V 2131439767.1467.837.631.825.81
JapanNAGOYA 68362352.9463.896.971.895.08
IndiaBSE 67193392231950.4868.375.880.934.95
JapanSAPPORO 114336.3675.004.750.004.75
Vietnam HOSE 2891409248.4465.715.641.024.62
Vietnam HNX 45291964.4465.525.861.244.62
ArgentinaBUE 3101419645.4868.095.460.944.52
TurkeyBIST 124561739649.5664.185.380.944.44
IndiaNSE 58112974197751.2366.415.080.874.21
IsraelTASE 86943128949.6067.054.900.844.06
ChinaSZSE 2491135279054.2858.435.351.373.98
Poland GPW 41522515654.2269.334.530.613.92
USOTC PINK 41562479138759.8455.775.251.403.85
JapanFUKUOKA 146542.8683.334.000.173.83
PakistanKSE 107752436448.6569.474.670.933.74
SwedenSTOCKHOLM 118063640753.9063.994.550.863.70
UAEUAE 46241852.1775.004.380.713.67
USWARRANTS 4017942.5052.945.061.413.65
South KoreaKOSDAQ 2043109168253.6562.235.271.683.59
NorwayOSE 33119011558.0159.904.571.033.54
Hong KongHKEX 2195111368350.7161.374.481.043.44
KuwaitKSE 49241648.9866.674.541.133.42
ChinaSSE 1868104559755.9457.134.661.473.19
EgyptEGX 59728417847.5762.684.461.273.18
SpainIBEX 40320814151.6167.793.650.553.10
OmanMSM 218538.1062.503.630.633.00
TaiwanGTSM 122766942354.5263.234.121.272.86
IndonesiaIDX 31717410054.8957.473.901.062.84
SingaporeSGX 196965348.9855.213.450.632.82
USNASDAQ 91014797278352.7457.983.720.912.82
BangladeshDSE 52229919557.2865.223.891.082.81
Saudi ArabiaTADAWUL 78939724650.3261.963.640.862.79
South KoreaKRX 2339124073953.0159.603.821.182.64
RussiaMICEX 34919611356.1657.653.400.762.64
Greece ATHENS 56291851.7962.073.410.792.62
BrazilBOVESPA 89646427051.7958.193.591.042.55
The World 118275620663583352.5057.713.380.862.52
CanadaTSX 32991769103353.6258.393.070.672.40
JapanTOKYO 115336037358152.3559.313.230.902.33
MalaysiaBURSA 37920112153.0360.203.290.992.30
PhilippinesPSE 2321309156.0370.003.271.022.25
Austria WIENERBORSE 116593550.8659.322.830.612.22
DenmarkCOPENHAGEN 2621348351.1561.942.810.592.22
ItalyBORSA 3144174695455.5354.642.800.752.05
AustraliaASX 163292550656.7454.643.011.031.98
MexicoBMV 55329716253.7154.552.931.081.85
BelgiumBRUSSELS 30516610954.4365.662.330.491.84
TaiwanTWSE 2058109761053.3055.612.740.921.82
FrancePARIS 2435125370151.4655.952.330.631.70
PortugalLISBON 77482562.3452.082.400.711.69
NetherlandsAMSTERDAM 92749926653.8353.312.130.461.67
QatarQE 60281446.6750.001.960.391.57
ThailandSET 3001608153.3350.632.821.261.56
GermanyXETRA 41622326123755.8953.182.130.651.48
UKLSE 45782410120952.6450.172.190.761.43
UKLSE 115345.4560.001.800.401.40
USNYSE 168498939461153.0751.572.130.731.40
SwitzerlandSIX 121263833752.6452.821.910.531.37
MexicoBMV 32171253.1370.591.590.241.35
PhilippinesPSE 159560.0055.561.560.221.33
USPREFERRED 53425313447.3852.961.270.261.00
BangladeshDSE 111100.00100.001.000.001.00
DenmarkCOPENHAGEN 159560.0055.561.330.331.00
South KoreaKOSDAQ 52140.0050.001.000.001.00
NorwayOSE 147450.0057.141.000.140.86
ChinaSSE 125341.6760.001.000.200.80
IndiaNSE 169556.2555.561.000.220.78
TurkeyBIST 268530.7762.501.130.380.75
SingaporeSGX 94344.4475.000.750.000.75
TaiwanGTSM 107370.0042.861.000.290.71
ArgentinaBUE 42151035.7166.670.800.130.67
ThailandSET 115345.4560.000.600.000.60
MalaysiaBURSA 219342.8633.330.560.000.56
RussiaMICEX 42150.0050.001.000.500.50
CanadaTSX 118372.7337.500.750.250.50
IsraelTASE 443100.0075.000.500.000.50
JapanTOKYO 135138.4620.000.400.000.40
BrazilBOVESPA 155233.3340.001.200.800.40
ChileBCS 178447.0650.000.630.250.38
PortugalLISBON 63350.00100.000.330.000.33
NetherlandsAMSTERDAM 63350.00100.000.330.000.33
ItalyBORSA 63350.00100.000.330.000.33
BelgiumBRUSSELS 63350.00100.000.330.000.33
Austria WIENERBORSE 63350.00100.000.330.000.33
Hong KongHKEX 333100.00100.000.330.000.33
Greece ATHENS 63350.00100.000.330.000.33
FrancePARIS 63350.00100.000.330.000.33
SpainIBEX 63350.00100.000.330.000.33
GermanyXETRA 63350.00100.000.330.000.33
UAEUAE 2110547.6250.000.700.400.30
FOREXFOREX 237230.4328.570.570.290.29
Poland GPW 138561.5462.500.750.500.25
SwedenSTOCKHOLM 127458.3357.140.140.000.14
AustraliaASX 108580.0062.500.380.250.13
PakistanKSE 104140.0025.000.250.250.00
Vietnam HOSE 157146.6714.290.140.29-0.14
IndonesiaIDX 1710458.8240.000.200.40-0.20
USFOREX 97477.7857.140.140.43-0.29
SwitzerlandSIX 31033.330.000.001.00-1.00
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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