BEARISH THREE GAP UPS
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH THREE GAP UPS
Definition
This is a four-day bearish reversal pattern. It consists of three consecutive days, each opening with a gap up. After Three Gap Ups, the market becomes significantly overbought, signaling a potential 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 pattern can be of any color, but the last two days must be white. Additionally, there should be upside body gaps between the candlesticks.
Trader’s Behavior
The market is significantly overbought following three consecutive gap ups, signaling it is time for profit-taking.
Sell/Stop-Loss Levels
The confirmation level is defined as the midpoint of the last white body. For confirmation, prices should fall below this level.

The stop-loss level is defined as the higher of the last two highs. Following the bearish signal, if prices rise instead of falling and either close above or make two consecutive daily highs above the stop-loss level, without detecting any bullish pattern, the stop-loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 2151097251.1665.4512.262.899.37
IndonesiaIDX 89341826847.2663.518.881.667.22
CanadaTSXV 49430219762.7563.558.162.345.82
JapanNSE 56251546.4357.696.180.895.29
JapanFSE 24121050.0083.334.760.334.43
SwedenOMX STOCKHOLM 2870145688251.9959.125.571.194.38
BangladeshDSE 89246030552.1365.595.221.293.93
Poland GPW 112158735353.4358.934.881.463.42
IndiaBSE 130286265374949.2558.434.771.383.40
Hong KongHKEX 37651996113055.1154.465.111.733.38
MalaysiaBURSA MALAYSIA 82441824450.9758.104.721.413.31
Vietnam HNX 145674946.9072.065.562.263.31
PakistanPSX 148772343649.9058.764.621.463.16
South KoreaKOSDAQ 39322071118753.7456.184.741.653.09
NorwayOSE 101150728152.2353.224.351.283.07
UAEDFM-ADX 124533345.1658.933.880.912.97
USOTC MARKETS 68193694183058.0946.204.962.022.94
USNASDAQ 1969610247547954.0151.514.341.462.88
PhilippinesPSE 36819912055.9858.253.891.052.84
DenmarkOMX COPENHAGEN 60932316753.8650.914.041.312.73
TurkeyBIST 48422147115245.2352.604.531.842.70
SpainBME 54727314251.9250.003.761.182.58
ChinaSZSE 80554088229552.2254.563.811.252.56
IndiaNSE 125626087352149.6356.483.861.322.54
JordanASE 73311943.8459.383.511.032.48
ChinaSSE 69283454198851.4155.813.591.122.47
BelgiumBRUSSELS 42122512454.6353.913.431.022.41
TaiwanTPEx 36921862110251.6857.763.521.132.39
EgyptEGX 133858031545.4451.814.011.792.22
IsraelTASE 2392117460851.6749.193.231.162.06
BrazilBOVESPA 3003145474550.0249.603.131.181.94
SingaporeSGX 39021110756.1548.862.831.001.83
The WorldWORLD MARKETS 2787271405557085452.8848.072.921.151.77
PortugalLISBON 119482644.5449.062.590.831.77
QatarQE 167825050.3059.522.801.041.76
TaiwanTWSE 66903370179652.3351.302.781.031.75
Greece ATHEX 177884950.2855.063.121.411.71
AustraliaASX 38192137101459.1044.932.901.231.68
ThailandSET 77638319950.1351.163.271.621.65
ChileBCS 2741306648.9149.253.311.671.64
KuwaitBOURSA KUWAIT 39317510046.8254.353.091.451.64
JapanTSE 1966110603564255.9451.302.641.031.61
Saudi ArabiaTADAWUL 154772540248.2953.822.641.111.53
MexicoBMV 122066433257.1347.633.131.681.45
South KoreaKRX 58242842143250.7648.442.541.131.41
Vietnam HOSE 93046322351.0846.953.321.911.41
FrancePARIS 51052712127255.9644.522.260.891.37
UKLSE 112166093277758.0642.642.471.131.35
Austria WIENERBÖRSE 74038819354.4647.892.601.261.34
CanadaTSX 72323450160750.1944.272.181.021.15
USNYSE 3443217863824054.6443.792.161.011.15
USAMEX 4459224795753.7839.911.960.980.98
SwitzerlandSIX 3275168873655.1840.731.830.960.87
ItalyMILAN 85344427188755.8739.581.821.040.78
GermanyXETRA 164648759384156.1741.531.610.910.71
NetherlandsAMSTERDAM 2813152265857.5240.671.550.860.69
ArgentinaBCBA 106349024348.9246.733.515.68-2.17
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

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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