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.
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.
Pattern Performance in Stock Exchanges since 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
TurkeyBIST 56231341.0756.525.870.355.52
JapanSAPPORO 114336.3675.004.750.004.75
FrancePARIS 146542.8683.332.500.172.33
SpainIBEX 146542.8683.332.500.172.33
GermanyXETRA 146542.8683.332.500.172.33
BelgiumBRUSSELS 146542.8683.332.500.172.33
Austria WIENERBORSE 146542.8683.332.500.172.33
Greece ATHENS 146542.8683.332.500.172.33
ItalyBORSA 146542.8683.332.500.172.33
PortugalLISBON 146542.8683.332.500.172.33
NetherlandsAMSTERDAM 146542.8683.332.500.172.33
PhilippinesPSE 2112857.1466.672.420.172.25
IsraelTASE 1510866.6780.001.600.001.60
OmanMSM 249341.6730.002.701.201.50
TaiwanGTSM 1411578.5745.451.640.181.45
PakistanKSE 30171156.6764.711.410.121.29
SingaporeSGX 159660.0066.671.220.001.22
UKLSE 2011755.0063.641.270.181.09
JapanFUKUOKA 202150.0010.
MexicoBMV 58312053.4564.521.480.451.03
NorwayOSE 2313756.5253.850.920.080.85
DenmarkCOPENHAGEN 29181162.0761.
CanadaTSX 2312552.1741.671.000.250.75
ChileBCS 2212754.5558.330.920.250.67
ArgentinaBUE 65231535.3865.220.830.220.61
RussiaMICEX 105350.0060.001.000.400.60
MalaysiaBURSA 2814850.0057.140.570.000.57
SwedenSTOCKHOLM 2816957.1456.250.630.060.56
ChinaSSE 219542.8655.560.780.330.44
BrazilBOVESPA 3217653.1335.290.820.410.41
IndiaNSE 31181058.0655.560.720.330.39
Poland GPW 2313956.5269.230.770.380.38
FOREXFOREX 3511331.4327.271.270.910.36
South KoreaKOSDAQ 73142.8633.330.670.330.33
IndonesiaIDX 3116851.6150.000.630.310.31
JapanTOKYO 2713648.1546.150.460.150.31
AustraliaASX 1610762.5070.000.500.200.30
ThailandSET 2911737.9363.640.450.180.27
UAEUAE 3014646.6742.860.640.430.21
JapanNAGOYA 741152.702.560.160.000.16
ThailandSET 6711148.290.310.130.000.13
PortugalLISBON 1155346.095.660.150.040.11
DenmarkCOPENHAGEN 6086456.581.
NorwayOSE 8672252.940.440.050.000.05
Vietnam HOSE 8112250.920.480.040.000.04
BangladeshDSE 9711154.480.
The World 2572411772104352.500.770.040.010.03
RussiaMICEX 8821152.610.
KuwaitKSE 2495351.812.330.040.020.02
USAMEX 31572255.840.
SwedenSTOCKHOLM 28862151.490.
South KoreaKRX 49052149.620.
IsraelTASE 22263350.810.
USNASDAQ 185724452.960.
South KoreaKOSDAQ 39861152.410.
TaiwanTWSE 51073252.520.
TaiwanGTSM 27201152.
USNYSE 327223252.850.
AustraliaASX 35535457.590.
IndiaNSE 105006350.910.
Hong KongHKEX 32972153.780.
ItalyBORSA 83223154.970.
JapanTOKYO 196673355.
IndiaBSE 116183149.520.
Vietnam HNX 1250047.
Vietnam HOSE 2614553.8535.710.290.290.00
USWARRANTS 630066.670.
PhilippinesPSE 4690057.
Poland GPW 9370053.
SingaporeSGX 3570049.
TurkeyBIST 41660042.490.
UKLSE 101070056.630.
USOTC PINK 68560059.320.
ChinaSZSE 59770052.770.
ChinaSSE 43950052.670.
ChileBCS 2050047.800.
CanadaCSE 2800052.
CanadaTSX-V 5180062.550.
SpainIBEX 5510054.810.
GermanyXETRA 121892157.600.
Austria WIENERBORSE 4870055.850.
ArgentinaBUE 10870044.530.
BelgiumBRUSSELS 4730054.970.
BangladeshDSE 146342.8650.000.330.330.00
SwitzerlandSIX 28620052.590.
SwitzerlandSIX 64266.6750.
CanadaTSX 65270051.800.
BrazilBOVESPA 23460048.720.
UAEUAE 1070049.530.
Saudi ArabiaTADAWUL 13000049.620.
QatarQE 1430050.350.
MalaysiaBURSA 9170052.
MexicoBMV 12420058.
JordanASE 840044.
Greece ATHENS 1360059.560.
IndonesiaIDX 7690049.930.
FrancePARIS 53487456.
NetherlandsAMSTERDAM 23643058.500.
USPREFERRED 12621049.520.
PakistanKSE 14281052.520.000.000.01-0.01
EgyptEGX 13055144.
USFOREX 2414658.3342.860.140.43-0.29
Hong KongHKEX 1210583.3350.000.100.40-0.30
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© family websites


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 LLC, nor makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only. is an independent and free website and all the Services provided by LLC at are completely free of charge. LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that and LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.