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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 1811961.1181.8220.554.2716.27
CanadaCSE 144825956.9471.9513.462.6210.84
JapanFUKUOKA 179752.9477.787.890.337.56
JapanNAGOYA 84473055.9563.838.401.686.72
JordanASE 110473442.7372.346.280.985.30
Vietnam HNX 58352660.3474.296.031.094.94
JapanSAPPORO 114336.3675.004.750.004.75
CanadaTSX-V 30320412067.3358.826.992.744.25
IndiaBSE 95954799296650.0261.805.371.254.12
TurkeyBIST 2971128975943.3958.885.401.324.08
NorwayOSE 57732718556.6756.575.361.344.02
ArgentinaBUE 54323714943.6562.875.211.463.74
IndiaNSE 85564356260050.9159.694.871.193.67
IndonesiaIDX 54929516753.7356.615.011.623.39
SwedenSTOCKHOLM 2441123672350.6358.504.511.233.28
ChileBCS 64342453.1370.595.762.533.24
Poland GPW 78543927155.9261.734.341.183.16
USOTC PINK 66863952202359.8150.594.871.723.15
Vietnam HOSE 45822412748.9156.704.631.583.05
PakistanKSE 160479350449.4463.564.311.303.01
IsraelTASE 157877245348.9258.684.251.253.01
PhilippinesPSE 40421414352.9766.823.710.942.76
MalaysiaBURSA 71936621050.9057.384.141.382.75
UAEUAE 93463149.4667.393.871.132.74
Hong KongHKEX 3276164992150.3455.854.001.332.67
BangladeshDSE 80742224752.2958.533.881.312.58
USNASDAQ 154458119428952.5752.833.841.292.55
ChinaSZSE 47662447125751.3451.374.311.782.53
South KoreaKOSDAQ 3583180298250.2954.504.512.012.50
SingaporeSGX 3251658150.7749.093.651.162.48
SpainIBEX 59731718353.1057.733.270.852.42
RussiaMICEX 64433517652.0252.543.381.002.38
ThailandSET 56429115651.6053.613.501.192.31
PhilippinesPSE 2012860.0066.672.420.172.25
Austria WIENERBORSE 1901136059.4753.103.371.152.22
ChinaSSE 3414181793153.2251.243.861.662.20
South KoreaKRX 38611885103048.8254.643.521.402.12
EgyptEGX 102846526645.2357.203.831.722.11
DenmarkCOPENHAGEN 50526315552.0858.943.090.982.11
BelgiumBRUSSELS 47824614051.4656.912.820.762.06
The World 1947271015275254052.1751.723.181.142.04
BrazilBOVESPA 162976839547.1551.433.281.301.98
JapanTOKYO 180189695520953.8153.733.101.131.97
CanadaTSX 55392896152052.2852.492.890.931.96
TaiwanGTSM 2271117264451.6154.953.341.441.90
USAMEX 2009109350654.4146.292.941.091.85
Greece ATHENS 100603460.0056.672.801.001.80
AustraliaASX 2829162879057.5548.533.021.251.78
Saudi ArabiaTADAWUL 119458730849.1652.472.871.131.74
USPREFERRED 131661530346.7349.272.400.671.73
OmanMSM 2410441.6740.002.901.201.70
MexicoBMV 96053227255.4251.133.101.481.62
TaiwanGTSM 1310576.9250.001.800.201.60
KuwaitKSE 122653453.2852.313.021.491.52
TaiwanTWSE 39842040103851.2050.882.541.101.45
FrancePARIS 41332195109053.1149.662.270.851.42
ItalyBORSA 54613091149556.6048.372.270.961.31
PortugalLISBON 117652755.5641.542.321.061.26
SingaporeSGX 138561.5462.501.250.001.25
USNYSE 2714714205655952.3346.172.231.001.23
SwitzerlandSIX 2048106950752.2047.431.950.741.21
UKLSE 75964175191254.9645.802.211.051.16
NetherlandsAMSTERDAM 164990944355.1248.731.820.711.11
UKLSE 2011755.0063.641.270.181.09
MexicoBMV 54281951.8567.861.500.431.07
IsraelTASE 116554.5583.331.000.001.00
GermanyXETRA 75634326206957.3147.741.810.900.91
NorwayOSE 169656.2566.671.000.110.89
DenmarkCOPENHAGEN 26161061.5462.501.130.250.88
ChileBCS 2111752.3863.641.000.180.82
QatarQE 111492244.1444.901.630.840.80
ArgentinaBUE 58201434.4870.000.850.100.75
SwedenSTOCKHOLM 2414958.3364.290.710.000.71
RussiaMICEX 105350.0060.001.000.400.60
MalaysiaBURSA 2612646.1550.000.580.000.58
JapanTOKYO 208340.0037.500.500.000.50
ChinaSSE 209545.0055.560.780.330.44
IndiaNSE 30181060.0055.560.720.330.39
Poland GPW 1911757.8963.640.820.450.36
BrazilBOVESPA 2814550.0035.710.790.430.36
IndonesiaIDX 2814750.0050.000.640.290.36
PortugalLISBON 93333.33100.000.330.000.33
NetherlandsAMSTERDAM 93333.33100.000.330.000.33
South KoreaKOSDAQ 73142.8633.330.670.330.33
ItalyBORSA 93333.33100.000.330.000.33
GermanyXETRA 93333.33100.000.330.000.33
FrancePARIS 93333.33100.000.330.000.33
SpainIBEX 93333.33100.000.330.000.33
Greece ATHENS 93333.33100.000.330.000.33
BelgiumBRUSSELS 93333.33100.000.330.000.33
Austria WIENERBORSE 93333.33100.000.330.000.33
CanadaTSX 2010450.0040.000.600.300.30
ThailandSET 2411745.8363.640.450.180.27
PakistanKSE 219642.8666.670.330.110.22
BangladeshDSE 105350.0060.000.400.200.20
UAEUAE 2512548.0041.670.580.420.17
TurkeyBIST 3613536.1138.460.690.540.15
AustraliaASX 128566.6762.500.380.250.13
Vietnam HOSE 2312452.1733.330.250.250.00
Hong KongHKEX 87487.5057.140.140.29-0.14
USFOREX 1911557.8945.450.180.36-0.18
SwitzerlandSIX 53160.0033.330.000.33-0.33
FOREXFOREX 267126.9214.290.290.86-0.57
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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