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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 28014710552.5071.4313.682.3711.31
USWARRANTS 57382466.6763.1612.132.829.32
JapanFUKUOKA 199847.3788.896.780.116.67
TurkeyBIST 55231341.8256.525.870.355.52
CanadaTSX-V 48329418462.5360.938.252.905.35
IndonesiaIDX 72935721648.9760.507.201.995.21
JapanSAPPORO 114336.3675.004.750.004.75
JapanNAGOYA 81432553.0958.146.121.674.44
Vietnam HNX 118544245.7677.785.961.694.28
NorwayOSE 82043025252.4458.605.471.234.24
IndiaBSE 108345362338549.5063.125.411.184.23
PakistanKSE 136972347352.8165.425.461.314.15
TurkeyBIST 3755160591842.7457.205.491.404.10
SwedenSTOCKHOLM 2778140284450.8359.775.151.223.93
IndiaNSE 98084978307150.7561.694.881.173.72
MalaysiaBURSA 88346127052.2158.575.111.463.65
Poland GPW 89147129652.8662.855.041.583.46
RussiaMICEX 79541124451.9559.084.190.763.43
BangladeshDSE 90348731053.9363.664.651.223.43
USOTC PINK 64483752192358.5650.935.352.053.31
Hong KongHKEX 3164168098453.1058.574.641.413.22
USNASDAQ 176709331511252.8554.744.301.303.00
South KoreaKOSDAQ 38201990115252.1257.864.661.672.98
DenmarkCOPENHAGEN 56131718256.5157.414.091.132.96
ChileBCS 194935847.9462.374.261.432.83
ThailandSET 65131217147.9354.814.001.182.82
EgyptEGX 120753730844.4957.364.511.722.80
SpainIBEX 53629117154.2958.763.670.932.74
IsraelTASE 2098104559349.8156.753.771.112.66
Vietnam HOSE 77038920850.5253.474.481.862.61
PhilippinesPSE 45426016157.2761.923.651.072.58
BrazilBOVESPA 2155104857748.7754.903.671.112.56
UAEUAE 95483150.5364.583.420.882.54
ChinaSZSE 55332865155051.7854.103.811.372.44
BelgiumBRUSSELS 45924714153.8157.093.210.862.35
ItalyBORSA 146542.8683.332.500.172.33
Greece ATHENS 146542.8683.332.500.172.33
SpainIBEX 146542.8683.332.500.172.33
FrancePARIS 146542.8683.332.500.172.33
GermanyXETRA 146542.8683.332.500.172.33
Austria WIENERBORSE 146542.8683.332.500.172.33
BelgiumBRUSSELS 146542.8683.332.500.172.33
PortugalLISBON 146542.8683.332.500.172.33
NetherlandsAMSTERDAM 146542.8683.332.500.172.33
MexicoBMV 117166334856.6252.493.831.542.29
TaiwanGTSM 2574134376852.1857.193.571.302.27
PhilippinesPSE 2112857.1466.672.420.172.25
ArgentinaBUE 91040820344.8449.753.831.592.25
ChinaSSE 40802113113851.8153.833.451.232.22
JordanASE 82382446.3463.163.531.392.13
QatarQE 131643948.8560.942.950.882.08
The World 2413641252416529951.9352.103.131.072.06
South KoreaKRX 46532270121748.8753.523.091.082.01
AustraliaASX 3315189494357.2549.683.221.222.00
Austria WIENERBORSE 45124812554.9950.403.151.181.97
JapanTOKYO 1876910309559254.9354.243.041.081.96
TaiwanTWSE 48132511134752.1753.642.871.031.84
SingaporeSGX 3461688348.5549.403.171.361.81
USPREFERRED 106953728350.2352.702.490.701.79
CanadaTSX 60373076156750.9550.942.690.971.72
OmanMSM 249341.6730.002.701.201.50
TaiwanGTSM 1411578.5745.451.640.181.45
IsraelTASE 149764.2977.781.440.001.44
UKLSE 90994984236954.8247.492.420.991.43
USNYSE 3039615881765952.3148.172.360.961.40
KuwaitKSE 2401247351.6758.872.691.341.35
FrancePARIS 49592732133555.0948.872.100.831.27
USAMEX 2840152073753.5248.492.371.141.23
SingaporeSGX 159660.0066.671.220.001.22
Saudi ArabiaTADAWUL 119258731349.2453.322.251.081.17
PortugalLISBON 111512545.9549.022.221.061.16
Greece ATHENS 133814460.9054.322.721.591.12
UKLSE 2011755.0063.641.270.181.09
ItalyBORSA 75844128188454.5645.531.960.881.08
SwitzerlandSIX 2708138863551.2645.751.880.811.07
MexicoBMV 58312053.4564.521.480.451.03
GermanyXETRA 103465904282757.0747.881.740.770.97
NorwayOSE 2313756.5253.850.920.080.85
DenmarkCOPENHAGEN 29181162.0761.111.000.220.78
NetherlandsAMSTERDAM 2128121856757.2446.551.440.710.73
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
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
South KoreaKOSDAQ 73142.8633.330.670.330.33
IndonesiaIDX 3016853.3350.000.630.310.31
JapanTOKYO 2613650.0046.150.460.150.31
AustraliaASX 1610762.5070.000.500.200.30
ThailandSET 2911737.9363.640.450.180.27
CanadaTSX 2211450.0036.360.550.270.27
UAEUAE 3014646.6742.860.640.430.21
PakistanKSE 2814850.0057.140.360.140.21
Vietnam HOSE 2614553.8535.710.290.290.00
SwitzerlandSIX 64266.6750.000.250.250.00
BangladeshDSE 136346.1550.000.330.330.00
USFOREX 2414658.3342.860.140.43-0.29
Hong KongHKEX 1210583.3350.000.100.40-0.30
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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