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 54262148.1580.7713.772.0411.73
ChileBCS 63350.00100.008.330.008.33
CanadaTSX-V 1831198265.0368.918.241.716.52
JordanASE 91392942.8674.367.460.976.49
Vietnam HNX 43271962.7970.376.781.155.63
IndiaBSE 59882999200050.0866.695.760.994.76
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 63332152.3863.646.551.974.58
UAEUAE 44211647.7376.194.900.764.14
ChinaSZSE 2148117468754.6658.525.491.434.06
Vietnam HOSE 2441157347.1363.485.131.153.98
Poland GPW 38520914254.2967.944.560.603.96
KuwaitKSE 38161042.1162.505.631.693.94
USWARRANTS 3816942.1156.255.381.443.94
IsraelTASE 73736924650.0766.674.700.873.83
IndiaNSE 50512545164650.3964.684.730.923.81
PakistanKSE 93945432648.3571.814.630.843.79
JapanFUKUOKA 114336.3675.004.000.253.75
TurkeyBIST 98550731551.4762.134.761.013.75
USOTC PINK 36002141116559.4754.415.211.493.72
SwedenSTOCKHOLM 94750932853.7564.444.350.803.55
NorwayOSE 30418110959.5460.224.611.073.55
South KoreaKOSDAQ 178895258853.3061.705.201.723.48
ChinaSSE 161291352756.6457.724.821.473.34
USAMEX 89648626554.2454.534.010.813.21
IndonesiaIDX 2721509155.1560.674.211.063.15
Hong KongHKEX 190692855448.6959.704.211.113.10
ArgentinaBUE 2521167746.0366.384.060.983.08
SingaporeSGX 187895047.5956.183.640.613.03
OmanMSM 208540.0062.503.630.633.00
Greece ATHENS 53261849.0669.233.850.853.00
SpainIBEX 34518011852.1765.563.590.593.00
EgyptEGX 53224914646.9958.404.131.382.75
USNASDAQ 77194019232452.0757.833.660.922.74
Saudi ArabiaTADAWUL 73636621949.7359.843.560.912.64
TaiwanGTSM 105757836254.6862.633.951.322.63
RussiaMICEX 3001649454.6757.323.430.842.59
South KoreaKRX 1982101358051.2157.143.470.972.50
The World 102810530523022051.6356.943.280.892.39
BrazilBOVESPA 78239522950.5157.973.451.092.36
CanadaTSX 2998159992753.5457.763.010.672.34
PhilippinesPSE 2061178156.8069.233.431.092.33
AustraliaASX 144581645356.4755.513.321.032.29
BangladeshDSE 44525315556.8561.263.481.252.23
JapanTOKYO 96434944287351.2758.113.020.952.08
RussiaMICEX 31133.33100.002.000.002.00
ItalyBORSA 2714149582555.0855.182.690.731.96
MalaysiaBURSA 3141669652.8757.832.991.061.93
TaiwanTWSE 169588150051.9856.752.690.881.82
Austria WIENERBORSE 101492748.5155.102.430.671.76
BelgiumBRUSSELS 2771439251.6264.342.250.521.73
PortugalLISBON 72482566.6752.082.400.711.69
FrancePARIS 2144106761249.7757.362.310.641.68
DenmarkCOPENHAGEN 2251136550.2257.522.380.721.66
NetherlandsAMSTERDAM 79840421851.1353.432.030.431.60
MexicoBMV 45823212352.6251.042.481.031.45
UKLSE 40002049100651.2549.072.180.781.40
MexicoBMV 29171258.6270.591.590.241.35
GermanyXETRA 35661945104154.5453.522.030.681.35
PhilippinesPSE 159560.0055.561.560.221.33
TurkeyBIST 206530.0083.331.500.171.33
USNYSE 145067592385052.3450.712.060.761.29
ThailandSET 2671426953.1848.592.561.271.28
SwitzerlandSIX 102853427452.1451.121.670.571.11
USPREFERRED 50822411944.0953.131.620.521.10
South KoreaKOSDAQ 52140.0050.001.000.001.00
QatarQE 54241144.4445.831.420.421.00
BangladeshDSE 111100.00100.001.000.001.00
ChinaSSE 114336.3675.001.250.251.00
SingaporeSGX 83337.50100.001.000.001.00
DenmarkCOPENHAGEN 138461.5450.001.250.380.88
IndiaNSE 159560.0055.561.000.220.78
ArgentinaBUE 2913844.8361.540.850.150.69
TaiwanGTSM 96366.6750.001.000.330.67
IsraelTASE 332100.0066.670.670.000.67
MalaysiaBURSA 208340.0037.500.630.000.63
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
BrazilBOVESPA 135238.4640.001.200.800.40
ChileBCS 178447.0650.000.630.250.38
PortugalLISBON 63350.00100.000.330.000.33
UKLSE 93133.3333.331.000.670.33
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
SwedenSTOCKHOLM 96366.6750.000.170.000.17
Poland GPW 117463.6457.140.710.570.14
AustraliaASX 108580.0062.500.380.250.13
PakistanKSE 104140.0025.000.250.250.00
Vietnam HOSE 157146.6714.290.140.29-0.14
IndonesiaIDX 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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