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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USWARRANTS 116554.5583.3321.330.1721.17
CanadaCSE 108644859.2675.0015.002.3612.64
ChileBCS 93333.33100.007.330.007.33
JapanNAGOYA 80473058.7563.838.511.666.85
JapanFUKUOKA 179752.9477.787.000.336.67
JordanASE 108473443.5272.346.570.985.60
CanadaTSX-V 24316710468.7262.287.902.575.34
Vietnam HNX 48312264.5870.976.031.234.81
JapanSAPPORO 114336.3675.004.750.004.75
TurkeyBIST 2337102560443.8658.935.641.184.46
IndiaBSE 84424301266850.9562.035.551.214.34
ArgentinaBUE 39217812145.4167.985.111.104.01
Vietnam HOSE 36318210950.1459.895.341.393.95
IndiaNSE 74003852231052.0559.974.981.143.84
IndonesiaIDX 44624513554.9355.104.981.433.55
NorwayOSE 47426314855.4956.274.761.293.46
SwedenSTOCKHOLM 1961100759051.3558.594.631.213.43
PakistanKSE 140368744648.9764.924.531.213.32
IsraelTASE 122258735248.0459.974.331.043.29
USOTC PINK 57483444174960.1850.564.851.573.28
Poland GPW 58532719655.9059.944.031.023.00
SpainIBEX 53227115850.9458.303.660.732.92
South KoreaKOSDAQ 3057152184649.7555.624.781.962.82
Hong KongHKEX 2825143880650.9056.054.061.292.77
UAEUAE 72372451.3964.863.951.242.70
ChinaSZSE 39532098106853.0750.914.461.812.65
USNASDAQ 133166943368252.1653.023.771.152.62
MalaysiaBURSA 52927916252.7458.063.741.162.58
BangladeshDSE 79442024552.9058.333.881.312.57
USAMEX 175392346152.6549.953.420.892.53
EgyptEGX 81238322447.1758.493.961.442.52
ThailandSET 39321211653.9454.723.621.162.46
PhilippinesPSE 32417611254.3263.643.411.002.41
SingaporeSGX 2671406752.4347.863.691.282.41
ChinaSSE 2836156279555.0850.903.971.682.29
JapanTOKYO 158538370460252.8054.983.301.062.24
RussiaMICEX 53227814452.2651.803.200.982.22
TaiwanGTSM 181893653451.4957.053.561.362.20
BelgiumBRUSSELS 42221812451.6656.882.830.652.18
Saudi ArabiaTADAWUL 101349726249.0652.723.241.082.15
The World 172873896814654551.8951.893.191.042.15
BrazilBOVESPA 138567134848.4551.863.401.282.11
Austria WIENERBORSE 2291276755.4652.762.910.852.06
DenmarkCOPENHAGEN 41521813052.5359.632.830.782.05
South KoreaKRX 3522175892949.9152.843.371.332.04
CanadaTSX 46562446126952.5351.882.870.842.04
KuwaitKSE 87492456.3248.983.291.272.02
USPREFERRED 87441421247.3751.212.280.321.96
AustraliaASX 2407137767757.2149.163.051.151.90
PhilippinesPSE 1810655.5660.002.100.201.90
OmanMSM 2410441.6740.002.901.201.70
TaiwanTWSE 3067160282152.2351.252.691.041.65
TaiwanGTSM 128466.6750.001.880.251.63
Greece ATHENS 84482857.1458.332.851.251.60
FrancePARIS 3544184591252.0649.432.270.791.48
ItalyBORSA 46052545123355.2748.452.400.951.45
SwitzerlandSIX 177290142950.8547.611.990.631.36
USNYSE 2416012613582452.2146.172.230.911.33
MexicoBMV 79443921855.2949.662.821.521.30
UKLSE 64083444157453.7545.702.220.961.27
NetherlandsAMSTERDAM 142277237854.2948.961.920.661.26
SingaporeSGX 138561.5462.501.250.001.25
DenmarkCOPENHAGEN 2312852.1766.671.500.251.25
MexicoBMV 48231547.9265.221.520.391.13
GermanyXETRA 63783525165655.2746.981.880.771.11
PortugalLISBON 99552055.5636.362.071.041.04
South KoreaKOSDAQ 62133.3350.001.000.001.00
UKLSE 178547.0662.501.250.251.00
QatarQE 76331443.4242.421.550.580.97
NorwayOSE 169656.2566.671.000.110.89
ArgentinaBUE 51181335.2972.220.940.110.83
ChileBCS 2111752.3863.641.000.180.82
RussiaMICEX 95355.5660.001.000.400.60
IndiaNSE 2615957.6960.000.800.200.60
IsraelTASE 75471.4380.000.600.000.60
SwedenSTOCKHOLM 2213859.0961.540.540.000.54
MalaysiaBURSA 2410441.6740.000.500.000.50
JapanTOKYO 188344.4437.500.500.000.50
TurkeyBIST 3010533.3350.000.900.400.50
Poland GPW 1510666.6760.000.900.500.40
ThailandSET 2010750.0070.000.500.100.40
BrazilBOVESPA 2713548.1538.460.850.460.38
PortugalLISBON 83337.50100.000.330.000.33
ItalyBORSA 83337.50100.000.330.000.33
NetherlandsAMSTERDAM 83337.50100.000.330.000.33
Greece ATHENS 83337.50100.000.330.000.33
FrancePARIS 83337.50100.000.330.000.33
SpainIBEX 83337.50100.000.330.000.33
GermanyXETRA 83337.50100.000.330.000.33
BelgiumBRUSSELS 83337.50100.000.330.000.33
Austria WIENERBORSE 83337.50100.000.330.000.33
CanadaTSX 169356.2533.330.670.330.33
ChinaSSE 188444.4450.000.630.380.25
BangladeshDSE 65383.3360.000.400.200.20
UAEUAE 2412550.0041.670.580.420.17
AustraliaASX 128566.6762.500.380.250.13
PakistanKSE 144128.5725.000.250.250.00
Hong KongHKEX 76485.7166.670.170.170.00
Vietnam HOSE 2111352.3827.270.180.27-0.09
IndonesiaIDX 2612546.1541.670.170.33-0.17
USFOREX 128466.6750.000.130.38-0.25
SwitzerlandSIX 53160.0033.330.000.33-0.33
FOREXFOREX 246125.0016.670.331.00-0.67
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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