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 49231746.9473.9114.171.5212.65
CanadaCSE 25914510155.9869.6613.772.5811.19
JapanFUKUOKA 23121152.1791.675.580.085.50
CanadaTSX-V 47530619064.4262.098.322.865.46
Vietnam HNX 100503950.0078.006.300.885.42
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 88502756.8254.006.181.664.52
IndonesiaIDX 71035420749.8658.476.201.944.26
TurkeyBIST 3447148787943.2358.995.531.304.23
NorwayOSE 75340823254.1856.865.451.274.18
IndiaBSE 110595479334349.5760.984.961.273.69
SwedenSTOCKHOLM 2659134979650.9258.794.781.263.52
USOTC PINK 70164123206559.2249.705.512.063.45
MalaysiaBURSA 88946726752.5357.174.941.533.41
PakistanKSE 169486054850.7763.724.601.313.29
IndiaNSE 99935057299650.6659.194.481.223.26
JordanASE 107463042.9965.224.371.133.24
South KoreaKOSDAQ 38271949110751.0156.714.681.752.93
Poland GPW 91149129754.1260.244.481.552.92
BangladeshDSE 95250630453.1560.084.171.362.80
ChileBCS 150734848.6765.754.321.592.73
EgyptEGX 128657733244.8757.544.381.682.70
Hong KongHKEX 3220166994451.8356.564.121.422.70
DenmarkCOPENHAGEN 54029716755.0056.233.611.002.61
USNASDAQ 181919447496652.0152.493.951.362.59
UAEUAE 110533648.1867.923.300.772.53
IsraelTASE 200895652847.6155.233.571.162.41
PhilippinesPSE 47126316055.8460.843.461.082.38
ThailandSET 67932117447.2854.213.601.232.37
ArgentinaBUE 82335818843.5052.513.981.632.35
BrazilBOVESPA 199497051148.8552.463.521.212.32
ChinaSZSE 47422455130651.7753.203.751.492.27
PhilippinesPSE 2112857.1466.672.420.172.25
Vietnam HOSE 66131816348.1151.264.231.992.24
SpainIBEX 53628916253.9256.063.241.002.23
TaiwanGTSM 2544132075151.8956.893.431.332.11
South KoreaKRX 46302252121648.6454.003.211.122.10
RussiaMICEX 92845924050.7550.962.930.862.07
ChinaSSE 3508183096752.1752.843.321.312.01
SingaporeSGX 3521829451.7051.653.251.242.01
BelgiumBRUSSELS 47326415055.8156.822.900.921.98
Austria WIENERBORSE 37320710655.5051.213.051.161.89
QatarQE 114563249.1257.142.710.841.88
The World 2348681217286174451.8850.673.001.131.86
JapanTOKYO 1833310028533354.7053.182.971.161.81
AustraliaASX 3252186389657.2948.093.071.291.78
TaiwanTWSE 47362433127651.3752.452.801.071.73
MexicoBMV 116366033756.7551.063.201.501.70
USPREFERRED 118257528548.6549.572.280.721.56
CanadaTSX 58943002149250.9549.682.581.071.51
OmanMSM 249341.6730.002.701.201.50
TaiwanGTSM 1411578.5745.451.640.181.45
KuwaitKSE 2011065752.7453.772.971.691.28
FrancePARIS 46362553121855.0747.712.140.911.23
SingaporeSGX 159660.0066.671.220.001.22
Greece ATHENS 133784159.4051.902.731.571.16
USNYSE 3009115765724652.4145.942.171.041.13
UKLSE 2011755.0063.641.270.181.09
USAMEX 2701143165352.9845.632.391.321.07
UKLSE 87474810213555.0444.352.131.081.05
MexicoBMV 58312053.4564.521.480.451.03
ItalyBORSA 65983733163456.5843.771.930.990.94
PortugalLISBON 110522247.2742.312.021.080.94
SwitzerlandSIX 2353124255253.4643.881.750.810.94
IsraelTASE 127558.3371.430.860.000.86
NorwayOSE 2213759.0953.850.920.080.85
DenmarkCOPENHAGEN 28171160.7164.711.060.240.82
Saudi ArabiaTADAWUL 113356628449.9650.182.101.290.81
TurkeyBIST 4617736.9641.181.240.470.76
NetherlandsAMSTERDAM 1916110949457.9344.501.500.770.73
GermanyXETRA 90015208238357.9345.701.580.860.72
ChileBCS 2212754.5558.330.920.250.67
ArgentinaBUE 65231535.3865.220.830.220.61
SwedenSTOCKHOLM 2515960.0060.000.670.070.60
RussiaMICEX 105350.0060.001.000.400.60
MalaysiaBURSA 2814850.0057.140.570.000.57
BrazilBOVESPA 3116651.6137.500.880.380.50
ChinaSSE 219542.8655.560.780.330.44
IndiaNSE 31181058.0655.560.720.330.39
Poland GPW 2213959.0969.230.770.380.38
AustraliaASX 149664.2966.670.560.220.33
South KoreaKOSDAQ 73142.8633.330.670.330.33
IndonesiaIDX 3016853.3350.000.630.310.31
JapanTOKYO 2613650.0046.150.460.150.31
ThailandSET 2811739.2963.640.450.180.27
CanadaTSX 2211450.0036.360.550.270.27
UAEUAE 3014646.6742.860.640.430.21
PakistanKSE 2512748.0058.330.330.170.17
Greece ATHENS 135438.4680.000.200.200.00
FrancePARIS 135438.4680.000.200.200.00
SpainIBEX 135438.4680.000.200.200.00
GermanyXETRA 135438.4680.000.200.200.00
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
ItalyBORSA 135438.4680.000.200.200.00
NetherlandsAMSTERDAM 135438.4680.000.200.200.00
Vietnam HOSE 2614553.8535.710.290.290.00
PortugalLISBON 135438.4680.000.200.200.00
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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