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 76382751.3269.2314.593.2111.38
ChileBCS 63350.00100.007.330.007.33
JordanASE 101443243.5672.736.931.005.93
USAMEX 52528518354.2964.216.241.115.13
CanadaTSX-V 2161449366.6764.587.242.264.99
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 68362152.9458.336.582.004.58
TurkeyBIST 128763739249.4961.545.291.124.17
Vietnam HNX 43271762.7962.965.741.634.11
IndiaBSE 68323453212950.5461.665.331.244.09
Vietnam HOSE 2941448948.9861.815.201.263.94
ArgentinaBUE 3101419145.4864.544.941.263.68
IsraelTASE 86843328149.8864.904.640.993.65
IndiaNSE 59043034180851.4459.534.631.173.46
USOTC PINK 42292524131459.8751.904.981.653.34
JapanFUKUOKA 146542.8683.333.670.333.33
SwedenSTOCKHOLM 120765138653.9459.294.291.043.25
PakistanKSE 108753034048.7664.154.351.253.10
ChinaSZSE 2528138270354.6750.874.851.823.03
Poland GPW 42823013953.7460.433.930.913.02
NorwayOSE 33719610658.7553.544.151.312.84
Hong KongHKEX 2227113064150.7456.734.121.312.81
UAEUAE 46241752.1770.833.961.212.75
OmanMSM 218438.1050.003.630.882.75
EgyptEGX 61129117247.6359.114.171.452.72
KuwaitKSE 51271452.9451.854.041.332.70
South KoreaKOSDAQ 2074111063053.6256.654.732.032.70
IndonesiaIDX 3311809654.3853.333.991.362.63
SpainIBEX 41321612752.3058.803.360.752.60
SingaporeSGX 194975050.0051.553.270.902.37
ChinaSSE 1893107153456.5849.864.211.882.33
MalaysiaBURSA 38620412052.8558.823.511.202.31
BangladeshDSE 54431018156.9958.393.611.332.28
TaiwanGTSM 128870040854.3558.293.731.492.24
USNASDAQ 91574829251752.7752.093.401.172.23
Saudi ArabiaTADAWUL 79640321850.6354.093.281.122.16
RussiaMICEX 35719510355.7451.763.141.052.09
South KoreaKRX 2391127068553.1253.943.461.402.06
The World 120064631763321752.6552.553.131.082.06
JapanTOKYO 117786192343152.5855.403.101.082.02
CanadaTSX 3335179794853.8852.752.870.852.01
PhilippinesPSE 2431358655.5663.703.161.162.00
Austria WIENERBORSE 118603150.8551.672.730.831.90
BrazilBOVESPA 91847123951.3150.743.101.321.77
BelgiumBRUSSELS 3151709753.9757.062.350.661.69
DenmarkCOPENHAGEN 2661387551.8854.352.490.801.69
ItalyBORSA 3236178890055.2550.342.600.941.66
Greece ATHENS 56291551.7951.722.861.281.59
TaiwanTWSE 2166115760653.4252.382.611.081.53
AustraliaASX 165393645856.6848.882.821.311.51
MexicoBMV 55530515354.9550.162.741.281.46
FrancePARIS 2482129065951.9751.092.210.781.43
UKLSE 115345.4560.001.800.401.40
NetherlandsAMSTERDAM 94651525954.4450.292.000.621.38
MexicoBMV 32171253.1370.591.590.241.35
ThailandSET 3011617753.4947.832.751.411.34
PhilippinesPSE 169556.2555.561.560.221.33
SwitzerlandSIX 122565231353.2248.011.860.651.21
GermanyXETRA 42552390117456.2649.041.980.821.16
QatarQE 62281245.1642.861.750.611.14
UKLSE 46722480115853.0846.692.020.921.10
PortugalLISBON 77481962.3439.582.101.041.06
USNYSE 169338999413453.1645.921.950.921.03
USPREFERRED 53825912848.1449.421.350.331.02
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
SingaporeSGX 94344.4475.000.750.000.75
TurkeyBIST 268530.7762.501.130.380.75
TaiwanGTSM 107370.0042.861.000.290.71
ArgentinaBUE 47161134.0468.750.750.130.63
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
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
USWARRANTS 187338.8942.861.571.290.29
BrazilBOVESPA 177341.1842.860.860.570.29
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
FOREXFOREX 205125.0020.000.400.400.00
Vietnam HOSE 168250.0025.000.130.25-0.13
IndonesiaIDX 2010450.0040.000.200.40-0.20
USFOREX 108580.0062.500.130.38-0.25
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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