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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 2131127452.5866.0712.392.829.57
JapanFUKUOKA 2010850.0080.007.650.307.35
JapanNAGOYA 53281652.8357.147.760.577.19
IndonesiaIDX 87742026747.8963.578.561.696.88
CanadaTSX-V 48730419762.4264.808.412.525.89
TurkeyBIST 62241338.7154.175.630.335.29
JapanSAPPORO 114336.3675.004.750.004.75
SwedenSTOCKHOLM 2825146587351.8959.555.421.244.17
NorwayOSE 99453732054.0259.595.141.273.87
Hong KongHKEX 36752012117354.7558.305.501.683.82
BangladeshDSE 91747530051.8063.165.191.423.77
IndiaBSE 133116554390949.2459.645.021.353.67
PakistanKSE 142774546652.2162.554.941.323.62
Vietnam HNX 141665046.8175.765.702.143.57
JordanASE 81362544.4469.444.410.893.52
Poland GPW 106958133854.3558.184.771.513.25
MalaysiaBURSA 85443624951.0557.114.551.403.15
USOTC PINK 67323971197159.0849.565.282.143.14
TurkeyBIST 55822436133043.7354.494.811.703.11
South KoreaKOSDAQ 38252073116954.3856.204.691.653.04
UAEUAE 133603945.1165.003.850.952.90
IndiaNSE 124586217357949.9457.534.181.322.86
USNASDAQ 1947410383541953.3452.174.291.482.82
PhilippinesPSE 38622313657.7760.993.660.962.70
SpainIBEX 52327314852.2054.213.841.152.68
ChileBCS 2581287549.6158.594.191.542.65
ChinaSZSE 76733962220451.6455.633.901.362.54
ChinaSSE 65283302186750.5856.543.641.222.43
DenmarkCOPENHAGEN 63334818454.9852.873.781.372.42
PhilippinesPSE 2313956.5269.232.460.152.31
IsraelTASE 2319120263251.8352.583.521.252.26
BelgiumBRUSSELS 41121812053.0455.053.281.062.22
EgyptEGX 144865536245.2355.274.001.792.22
BrazilBOVESPA 2873142273949.5351.933.391.192.20
TaiwanGTSM 34571776101551.3757.153.401.242.16
ThailandSET 76638120149.8752.623.521.512.01
KuwaitKSE 3421759851.1756.003.221.401.82
QatarQE 169814847.9359.262.871.081.79
PortugalLISBON 125582846.4048.282.871.091.78
PortugalLISBON 188644.4475.002.000.251.75
MexicoBMV 128073438357.3452.183.471.731.74
AustraliaASX 39352292109158.2547.602.981.271.71
Greece ATHENS 189750.0077.781.890.221.67
NetherlandsAMSTERDAM 199747.3777.781.890.221.67
BelgiumBRUSSELS 199747.3777.781.890.221.67
TaiwanTWSE 63193314172552.4552.052.721.071.65
South KoreaKRX 51712737139052.9350.792.771.171.59
SingaporeSGX 41222111353.6451.132.961.371.59
Austria WIENERBORSE 69136518752.8251.232.881.291.59
JapanTOKYO 1909210690556755.9952.082.681.111.58
Saudi ArabiaTADAWUL 144472838750.4253.162.711.151.56
ChileBCS 28161157.1468.751.690.191.50
OmanMSM 249341.6730.002.701.201.50
UKLSE 116636688310157.3846.342.551.081.47
IsraelTASE 1911857.8972.731.450.001.45
TaiwanGTSM 1811561.1145.451.640.181.45
Austria WIENERBORSE 2010750.0070.001.700.301.40
FrancePARIS 2010750.0070.001.700.301.40
SpainIBEX 2010750.0070.001.700.301.40
GermanyXETRA 2010750.0070.001.700.301.40
ItalyBORSA 2010750.0070.001.700.301.40
PakistanKSE 31171154.8464.711.410.121.29
FrancePARIS 52382925134855.9446.012.190.911.28
CanadaTSX 71493596166850.3046.382.321.091.24
Vietnam HOSE 91545921150.1645.973.362.151.22
Greece ATHENS 1871045855.6155.772.641.421.22
SingaporeSGX 1710658.8260.001.100.001.10
USNYSE 3447418642841454.0845.132.171.071.10
MexicoBMV 61332254.1066.671.480.421.06
SwitzerlandSIX 3091168674354.5544.071.970.941.03
South KoreaKOSDAQ 147450.0057.141.140.141.00
ItalyBORSA 93985168225355.0143.581.960.980.98
USAMEX 3961212690353.6742.472.091.110.98
DenmarkCOPENHAGEN 32191259.3863.161.000.210.79
CanadaTSX 2613650.0046.151.000.230.77
GermanyXETRA 153988721380156.6443.581.610.880.74
BrazilBOVESPA 39241161.5445.831.170.460.71
NetherlandsAMSTERDAM 2686154466957.4843.331.560.880.68
UKLSE 2212754.5558.331.170.500.67
NorwayOSE 2516864.0050.000.810.190.63
SwedenSTOCKHOLM 30181060.0055.560.670.110.56
ThailandSET 3313939.3969.230.690.150.54
FOREXFOREX 4212528.5741.670.750.250.50
IndonesiaIDX 39201051.2850.000.750.250.50
MalaysiaBURSA 33191157.5857.890.470.000.47
IndiaNSE 34201258.8260.000.750.300.45
ArgentinaBUE 78261533.3357.690.730.310.42
SwitzerlandSIX 85362.5060.000.600.200.40
ChinaSSE 2915951.7260.000.670.270.40
Poland GPW 2413954.1769.230.770.380.38
RussiaMICEX 178447.0650.000.750.380.38
UAEUAE 3315745.4546.670.730.400.33
AustraliaASX 1810755.5670.000.500.200.30
BangladeshDSE 209545.0055.560.560.330.22
Vietnam HOSE 35231065.7143.480.350.220.13
JapanTOKYO 30000.000.000.000.000.00
RussiaMICEX 10050050.050.000.000.000.00
USWARRANTS 620067.740.000.000.000.00
USPREFERRED 12531049.160.000.000.000.00
Hong KongHKEX 1815883.3353.330.200.33-0.13
USFOREX 2715655.5640.000.130.47-0.33
ArgentinaBUE 63930715748.0451.143.528.65-5.13
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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