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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 43241755.8170.8314.832.3812.46
CanadaCSE 2591419954.4470.2114.252.5811.67
Vietnam HNX 74403154.0577.507.180.986.20
JapanFUKUOKA 22111050.0090.915.910.095.82
CanadaTSX-V 44129518266.8961.698.152.845.31
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 85482756.4756.256.441.734.71
NorwayOSE 70337921553.9156.735.601.334.27
TurkeyBIST 3341145085443.4058.905.561.334.22
IndonesiaIDX 63632618951.2657.985.961.884.08
IndiaBSE 104405156313249.4060.734.901.283.62
MalaysiaBURSA 85144225451.9457.474.981.443.54
USOTC PINK 66323936198659.5350.305.522.043.48
SwedenSTOCKHOLM 2560128776050.2759.054.761.283.48
IndiaNSE 94644777281350.5658.794.481.223.26
PakistanKSE 165483752750.6062.964.571.313.26
JordanASE 91372540.6667.574.541.353.19
Poland GPW 88247429153.9761.134.641.543.11
DenmarkCOPENHAGEN 51028016154.9057.503.831.012.81
South KoreaKOSDAQ 36491867104651.1656.034.571.782.80
BangladeshDSE 85545227352.8760.404.111.322.79
Vietnam HOSE 58228214748.4552.134.611.842.77
Hong KongHKEX 3087159591251.6757.184.111.402.71
USNASDAQ 173688978474551.7252.823.991.342.65
ArgentinaBUE 72731516743.6052.684.271.642.63
EgyptEGX 123254831444.4857.304.221.702.52
IsraelTASE 188689550847.5656.633.641.172.47
PhilippinesPSE 44624915355.8361.453.511.122.40
ChileBCS 130644349.2367.194.161.772.39
UAEUAE 101473146.5365.963.190.832.36
SpainIBEX 53828816553.5357.293.310.992.31
RussiaMICEX 83741922350.5452.723.120.812.31
ThailandSET 63830516447.8153.773.571.272.30
PhilippinesPSE 2112857.1466.672.420.172.25
South KoreaKRX 44132138115548.4554.023.271.122.15
ChinaSZSE 45102325122851.5552.823.631.482.15
SingaporeSGX 3371749251.6352.873.361.222.13
BrazilBOVESPA 190491346848.2750.923.301.252.04
ChinaSSE 3289172490452.4252.443.311.312.01
BelgiumBRUSSELS 45925414555.3457.092.930.932.00
Austria WIENERBORSE 3261829455.8351.653.131.151.98
TaiwanGTSM 2443126671051.8256.083.301.331.96
The World 2241671159245893751.7550.813.011.131.88
QatarQE 111543048.6555.562.740.871.87
JapanTOKYO 174879551508454.6253.232.981.161.82
AustraliaASX 3100177785057.3947.783.041.291.75
MexicoBMV 109861831356.2850.653.251.511.74
TaiwanTWSE 45442316121150.9752.292.761.081.68
CanadaTSX 56302897145751.4650.292.651.021.63
USPREFERRED 121258628648.3548.812.300.751.55
Greece ATHENS 128764159.3853.952.831.291.54
OmanMSM 249341.6730.002.701.201.50
TaiwanGTSM 1411578.5745.451.640.181.45
PortugalLISBON 106512348.1145.102.311.041.27
FrancePARIS 43962412114854.8747.602.180.921.27
SingaporeSGX 159660.0066.671.220.001.22
USNYSE 2857514813688451.8746.452.231.041.19
KuwaitKSE 183985253.5553.062.981.811.17
USAMEX 2542134362152.8746.212.461.331.13
UKLSE 2011755.0063.641.270.181.09
UKLSE 82054523201655.1744.532.151.081.06
MexicoBMV 58312053.4564.521.480.451.03
ItalyBORSA 61873504154456.6344.062.000.991.01
SwitzerlandSIX 2195116251953.3944.281.780.810.98
IsraelTASE 127558.3371.430.860.000.86
NorwayOSE 2213759.0953.850.920.080.85
DenmarkCOPENHAGEN 27171162.9664.711.060.240.82
ChileBCS 2211750.0063.641.000.180.82
Saudi ArabiaTADAWUL 112055828049.8250.182.111.300.81
TurkeyBIST 4516735.5643.751.310.500.81
NetherlandsAMSTERDAM 1812104847057.8444.851.530.770.77
GermanyXETRA 82104769217958.1545.641.640.880.76
ArgentinaBUE 64231535.9465.220.830.220.61
RussiaMICEX 105350.0060.001.000.400.60
SwedenSTOCKHOLM 2515960.0060.000.670.070.60
MalaysiaBURSA 2713748.1553.850.540.000.54
BrazilBOVESPA 3116651.6137.500.880.380.50
ChinaSSE 219542.8655.560.780.330.44
Poland GPW 2012860.0066.670.830.420.42
IndiaNSE 31181058.0655.560.720.330.39
AustraliaASX 139669.2366.670.560.220.33
South KoreaKOSDAQ 73142.8633.330.670.330.33
JapanTOKYO 2613650.0046.150.460.150.31
ThailandSET 2811739.2963.640.450.180.27
CanadaTSX 2111452.3836.360.550.270.27
IndonesiaIDX 2915751.7246.670.600.330.27
UAEUAE 2814650.0042.860.640.430.21
PakistanKSE 2512748.0058.330.330.170.17
BangladeshDSE 136346.1550.000.330.330.00
BelgiumBRUSSELS 135438.4680.000.200.200.00
Austria WIENERBORSE 135438.4680.000.200.200.00
SwitzerlandSIX 64266.6750.000.250.250.00
GermanyXETRA 135438.4680.000.200.200.00
FrancePARIS 135438.4680.000.200.200.00
SpainIBEX 135438.4680.000.200.200.00
Greece ATHENS 135438.4680.000.200.200.00
ItalyBORSA 135438.4680.000.200.200.00
NetherlandsAMSTERDAM 135438.4680.000.200.200.00
PortugalLISBON 135438.4680.000.200.200.00
Vietnam HOSE 2513452.0030.770.230.31-0.08
Hong KongHKEX 119581.8255.560.110.33-0.22
USFOREX 2414658.3342.860.140.43-0.29
FOREXFOREX 3210231.2520.000.300.90-0.60
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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