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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 47241951.0679.1720.131.5818.54
CanadaCSE 2511399755.3869.7813.372.4210.95
Vietnam HNX 65362755.3875.
JapanFUKUOKA 22111050.0090.915.910.095.82
JapanNAGOYA 83482857.8358.336.881.735.15
JapanSAPPORO 114336.3675.004.750.004.75
CanadaTSX-V 44028817565.4560.767.463.004.46
TurkeyBIST 3287143083243.5058.185.501.344.16
IndonesiaIDX 59331217952.6157.375.881.784.11
NorwayOSE 66235920454.2356.825.551.484.06
IndiaBSE 96274759290949.4461.
JordanASE 88382643.1868.424.681.163.53
USOTC PINK 65643869196959.0850.775.522.033.49
IndiaNSE 87454405261050.4559.164.631.173.45
SwedenSTOCKHOLM 2461124473450.5559.004.701.303.39
PakistanKSE 154978649950.7463.494.611.283.33
ArgentinaBUE 64327816143.2357.914.831.553.28
MalaysiaBURSA 82042924452.3256.884.621.453.17
Poland GPW 84845827954.0160.924.571.592.98
BangladeshDSE 79942625853.3260.564.151.212.94
South KoreaKOSDAQ 3527179399850.8655.634.531.822.71
Vietnam HOSE 57427914548.6151.974.491.822.67
USNASDAQ 168748704460651.6052.903.961.342.62
Hong KongHKEX 3020155387351.4256.213.951.432.51
EgyptEGX 115352430045.4557.254.181.682.50
IsraelTASE 181885348246.9756.443.701.202.49
UAEUAE 95463148.4267.393.260.782.48
SpainIBEX 52528116553.5258.723.380.962.43
PhilippinesPSE 42923915055.7162.763.621.242.38
DenmarkCOPENHAGEN 49327115354.9756.463.391.042.35
PhilippinesPSE 2012860.0066.672.420.172.25
ChinaSZSE 43012208117051.3452.993.691.442.25
RussiaMICEX 76939120950.8553.453.080.842.24
ThailandSET 59928515347.5853.683.481.242.24
ChileBCS 108533349.0762.
SingaporeSGX 3191678552.3550.903.311.262.05
BrazilBOVESPA 174383242747.9651.083.301.272.04
BelgiumBRUSSELS 44824414054.4657.382.940.942.00
ChinaSSE 3094162285552.4252.713.271.291.98
TaiwanGTSM 2335120767851.6956.173.311.331.98
Austria WIENERBORSE 2931648655.9752.443.081.171.91
The World 2148611109385655951.6550.963.021.131.89
QatarQE 110532948.1854.722.770.891.89
South KoreaKRX 42612047107848.0452.663.161.301.86
JapanTOKYO 168539144484254.2652.953.001.161.84
AustraliaASX 2970169681557.1748.
CanadaTSX 54772820142151.4950.392.741.021.72
MexicoBMV 103258429456.5950.343.201.511.70
TaiwanTWSE 42972164112050.3651.762.661.081.58
USPREFERRED 123959729548.1849.412.330.751.58
OmanMSM 249341.6730.002.701.201.50
TaiwanGTSM 1411578.5745.451.640.181.45
PortugalLISBON 103502348.5446.002.441.041.40
FrancePARIS 41492281112254.9849.192.280.941.34
SingaporeSGX 148557.1462.501.250.001.25
Greece ATHENS 113683560.1851.472.591.341.25
USNYSE 2760314270661751.7246.352.231.041.19
USAMEX 2425128259152.9146.062.481.351.12
UKLSE 2011755.0063.641.270.181.09
UKLSE 77804280192355.0444.912.191.101.09
ItalyBORSA 57873276150356.6145.882.101.011.09
NorwayOSE 1811761.1163.641.090.091.00
IsraelTASE 116554.5583.331.000.001.00
SwitzerlandSIX 2045108749753.5945.351.810.820.99
MexicoBMV 57301952.6363.331.400.470.93
KuwaitKSE 174934953.4552.692.731.830.90
NetherlandsAMSTERDAM 168297645758.0346.821.670.780.88
TurkeyBIST 4014635.0042.861.360.500.86
Saudi ArabiaTADAWUL 108153226149.2149.062.151.330.83
DenmarkCOPENHAGEN 27171162.9664.711.060.240.82
GermanyXETRA 77384525211158.4846.651.720.900.82
ChileBCS 2111752.3863.641.000.180.82
ArgentinaBUE 60211435.0066.670.810.190.62
SwedenSTOCKHOLM 2515960.0060.000.670.070.60
RussiaMICEX 105350.0060.001.000.400.60
MalaysiaBURSA 2713748.1553.850.540.000.54
BrazilBOVESPA 2915651.7240.000.930.400.53
ChinaSSE 219542.8655.560.780.330.44
Poland GPW 2012860.0066.670.830.420.42
JapanTOKYO 2512648.0050.000.500.080.42
IndiaNSE 31181058.0655.560.720.330.39
IndonesiaIDX 2814750.0050.000.640.290.36
AustraliaASX 139669.2366.670.560.220.33
South KoreaKOSDAQ 73142.8633.330.670.330.33
ThailandSET 2611742.3163.640.450.180.27
CanadaTSX 2111452.3836.360.550.270.27
PakistanKSE 219642.8666.670.330.110.22
UAEUAE 2613550.0038.460.540.460.08
Vietnam HOSE 2312452.1733.330.250.250.00
PortugalLISBON 135438.4680.
Greece ATHENS 135438.4680.
FrancePARIS 135438.4680.
SpainIBEX 135438.4680.
GermanyXETRA 135438.4680.
BangladeshDSE 126350.0050.000.330.330.00
BelgiumBRUSSELS 135438.4680.
Austria WIENERBORSE 135438.4680.
SwitzerlandSIX 64266.6750.
ItalyBORSA 135438.4680.
NetherlandsAMSTERDAM 135438.4680.
Hong KongHKEX 98488.8950.000.130.38-0.25
USFOREX 2112557.1441.670.170.42-0.25
FOREXFOREX 278129.6312.500.250.88-0.63
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


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