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 53262049.0676.9212.042.779.27
ChileBCS 63350.00100.008.330.008.33
JordanASE 94403042.5575.007.400.956.45
USAMEX 49526518353.5469.066.740.875.87
CanadaTSX-V 1961268565.8265.897.631.785.84
Vietnam HNX 44281963.6467.866.541.215.32
JapanNAGOYA 65352253.8562.867.061.945.11
IndiaBSE 63743210216650.3667.485.810.964.85
JapanSAPPORO 114336.3675.004.750.004.75
Vietnam HOSE 2761298346.7464.345.631.074.56
ChinaSZSE 2267124373254.8358.895.481.414.07
IndiaNSE 54212754181750.8065.984.900.894.01
UAEUAE 45221748.8977.274.730.734.00
TurkeyBIST 110056835851.6463.034.970.983.99
ArgentinaBUE 2931349045.7367.164.870.943.93
IsraelTASE 80940326849.8166.504.750.853.90
PakistanKSE 98448634449.3970.784.740.883.86
Poland GPW 40621915053.9468.494.450.633.82
JapanFUKUOKA 114336.3675.004.000.253.75
USOTC PINK 39092333128959.6855.255.171.433.74
NorwayOSE 33219511858.7360.514.701.093.61
South KoreaKOSDAQ 185399861853.9761.805.301.693.61
USWARRANTS 4017942.5052.945.061.473.59
SwedenSTOCKHOLM 105856836553.6964.264.400.863.54
ChinaSSE 167794854756.5357.704.861.463.41
KuwaitKSE 44221550.0068.184.551.233.32
Hong KongHKEX 2040101161449.5660.734.341.073.27
IndonesiaIDX 3041659954.2860.004.121.023.10
SpainIBEX 38519713151.1766.503.630.553.09
EgyptEGX 54726216147.9061.454.351.273.08
OmanMSM 208540.0062.503.630.633.00
SingaporeSGX 189925048.6854.353.530.622.91
TaiwanGTSM 116463240254.3063.614.081.302.79
BangladeshDSE 48527817757.3263.673.901.132.77
Saudi ArabiaTADAWUL 75838223350.4060.993.640.892.75
USNASDAQ 85794470258252.1957.673.600.892.71
Greece ATHENS 56291851.7962.073.450.792.66
BrazilBOVESPA 83742924751.2557.583.721.082.64
RussiaMICEX 32317810355.1157.873.380.802.57
South KoreaKRX 2169114166952.6058.633.771.242.53
The World 110964577533302152.0757.153.310.872.44
CanadaTSX 3182169398353.2158.063.020.662.36
JapanTOKYO 105425510325352.2759.043.140.922.22
AustraliaASX 157889048756.4054.723.141.022.12
MalaysiaBURSA 34318110752.7759.123.071.022.06
PhilippinesPSE 2261268755.7569.053.041.061.98
Austria WIENERBORSE 106522949.0655.772.560.671.88
ItalyBORSA 2940161386455.1453.302.620.741.87
TaiwanTWSE 187197955052.3256.182.750.881.86
DenmarkCOPENHAGEN 2431257551.4460.002.490.631.86
BelgiumBRUSSELS 2921529952.0565.132.260.511.76
FrancePARIS 2308117165850.7456.192.270.631.64
PortugalLISBON 77492563.6451.022.350.711.63
NetherlandsAMSTERDAM 88645924251.8152.722.070.471.61
ThailandSET 2911537452.5848.372.761.281.48
MexicoBMV 51927214452.4152.942.561.101.46
MexicoBMV 31171254.8470.591.590.241.35
UKLSE 43422250110851.8249.242.120.781.34
PhilippinesPSE 159560.0055.561.560.221.33
USNYSE 159158367425052.5750.792.050.741.30
USPREFERRED 55525713346.3151.751.770.481.29
GermanyXETRA 38762137110555.1951.661.970.681.29
SwitzerlandSIX 111858230552.0652.411.770.551.22
QatarQE 55251245.4548.001.560.401.16
SingaporeSGX 83337.50100.001.000.001.00
BangladeshDSE 111100.00100.001.000.001.00
ChinaSSE 114336.3675.001.250.251.00
South KoreaKOSDAQ 52140.0050.001.000.001.00
DenmarkCOPENHAGEN 138461.5450.001.250.380.88
TaiwanGTSM 96366.6750.001.170.330.83
IndiaNSE 159560.0055.561.000.220.78
TurkeyBIST 268530.7762.501.130.380.75
ArgentinaBUE 3014946.6764.290.790.140.64
MalaysiaBURSA 218338.1037.500.630.000.63
ThailandSET 115345.4560.000.600.000.60
NorwayOSE 115245.4540.000.800.200.60
CanadaTSX 118372.7337.500.750.250.50
JapanTOKYO 124133.3325.000.500.000.50
IsraelTASE 443100.0075.000.500.000.50
RussiaMICEX 42150.0050.001.000.500.50
BrazilBOVESPA 135238.4640.001.200.800.40
ChileBCS 178447.0650.000.630.250.38
UKLSE 93133.3333.331.000.670.33
PortugalLISBON 63350.00100.000.330.000.33
NetherlandsAMSTERDAM 63350.00100.000.330.000.33
ItalyBORSA 63350.00100.000.330.000.33
Austria WIENERBORSE 63350.00100.000.330.000.33
BelgiumBRUSSELS 63350.00100.000.330.000.33
FrancePARIS 63350.00100.000.330.000.33
Hong KongHKEX 333100.00100.000.330.000.33
Greece ATHENS 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 106360.0050.000.170.000.17
AustraliaASX 108580.0062.500.380.250.13
PakistanKSE 104140.0025.000.250.250.00
Vietnam HOSE 157146.6714.290.140.29-0.14
IndonesiaIDX 159460.0044.440.220.44-0.22
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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