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
USWARRANTS 47271957.4570.3713.041.7411.30
CanadaCSE 27814710552.8871.4313.522.3511.17
JapanFUKUOKA 199847.3788.896.780.116.67
TurkeyBIST 54231342.5956.525.870.355.52
Vietnam HNX 107483944.8681.256.190.925.27
CanadaTSX-V 48329718661.7062.428.303.095.21
IndonesiaIDX 65732319149.1659.136.982.044.94
JapanSAPPORO 114336.3675.004.750.004.75
NorwayOSE 74238622852.0259.075.811.174.63
TurkeyBIST 3495146384941.9557.915.661.374.29
JapanNAGOYA 79422453.1657.145.811.714.10
PakistanKSE 133069745452.4165.145.291.323.98
IndiaBSE 101554984310449.0962.275.141.213.94
SwedenSTOCKHOLM 2651131978950.0659.465.071.213.86
MalaysiaBURSA 83243425152.1657.835.161.483.68
USOTC PINK 63923698190558.3251.105.612.073.55
IndiaNSE 91784614281850.3660.974.691.183.51
Poland GPW 82944627854.0462.054.851.613.23
BangladeshDSE 84944327452.1861.854.451.313.14
DenmarkCOPENHAGEN 52729517255.9858.314.091.003.09
South KoreaKOSDAQ 36321870108551.6057.904.731.703.03
ChileBCS 178885649.4463.644.411.452.95
Hong KongHKEX 3028159392452.6158.004.351.412.94
USNASDAQ 171288939488252.2954.514.221.312.91
ThailandSET 61429315947.7254.273.831.142.69
SpainIBEX 50627816154.9457.913.530.922.61
EgyptEGX 118752629744.6556.044.201.732.47
RussiaMICEX 80140322151.5653.513.260.802.46
BrazilBOVESPA 197394050747.8553.713.551.112.45
IsraelTASE 198196754248.8655.993.561.132.44
PhilippinesPSE 43324614956.8160.573.551.122.43
BelgiumBRUSSELS 44023613453.6456.783.200.872.33
ArgentinaBUE 80735017243.3749.143.951.642.31
ChinaSZSE 52642695145351.2053.913.661.392.27
TaiwanGTSM 2450126972351.8056.973.551.292.26
PhilippinesPSE 2112857.1466.672.420.172.25
Vietnam HOSE 70735118749.6553.284.101.912.19
UAEUAE 86432750.0062.793.090.952.14
QatarQE 106502947.1758.003.020.902.12
MexicoBMV 108060731856.2052.393.571.482.09
ChinaSSE 38541987106051.5653.353.311.242.07
South KoreaKRX 44302137115048.2653.793.111.112.00
JordanASE 74352047.3057.143.401.402.00
The World 2305311187666135051.5851.593.041.081.97
JapanTOKYO 178769809532754.8754.313.011.091.93
Austria WIENERBORSE 41823311655.7449.793.041.211.83
AustraliaASX 3126177886556.9448.603.041.221.82
TaiwanTWSE 45552357125051.7553.032.851.041.81
SingaporeSGX 3251587948.6250.003.141.371.77
CanadaTSX 56782832143649.9350.652.630.981.65
USPREFERRED 105851225748.3950.202.380.731.65
OmanMSM 249341.6730.002.701.201.50
KuwaitKSE 2201166952.7359.482.851.361.49
TaiwanGTSM 1411578.5745.451.640.181.45
USNYSE 2908915036718951.7347.772.310.961.34
FrancePARIS 47352646127755.8848.262.050.821.23
SingaporeSGX 159660.0066.671.220.001.22
UKLSE 84324651215755.1946.352.201.001.20
USAMEX 2659140166052.6947.112.331.201.13
UKLSE 2011755.0063.641.270.181.09
Saudi ArabiaTADAWUL 116656429748.3752.662.201.111.09
Greece ATHENS 130794361.5453.752.731.661.06
MexicoBMV 58312053.4564.521.480.451.03
SwitzerlandSIX 2492124656950.6845.051.740.741.00
IsraelTASE 138661.5475.001.000.001.00
ItalyBORSA 70113879174855.3345.061.870.890.98
GermanyXETRA 95715476258657.2847.171.630.770.86
NorwayOSE 2313756.5253.850.920.080.85
DenmarkCOPENHAGEN 28171160.7164.711.060.240.82
NetherlandsAMSTERDAM 2007117154258.4046.251.420.680.74
ChileBCS 2212754.5558.330.920.250.67
ArgentinaBUE 65231535.3865.220.830.220.61
RussiaMICEX 105350.0060.001.000.400.60
SwedenSTOCKHOLM 2515960.0060.000.670.070.60
MalaysiaBURSA 2814850.0057.140.570.000.57
PortugalLISBON 104492247.1244.901.591.100.49
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
AustraliaASX 149664.2966.670.560.220.33
South KoreaKOSDAQ 73142.8633.330.670.330.33
IndonesiaIDX 3016853.3350.000.630.310.31
JapanTOKYO 2613650.0046.150.460.150.31
ThailandSET 2811739.2963.640.450.180.27
CanadaTSX 2211450.0036.360.550.270.27
UAEUAE 3014646.6742.860.640.430.21
PakistanKSE 2512748.0058.330.330.170.17
Greece ATHENS 135438.4680.000.200.200.00
FrancePARIS 135438.4680.000.200.200.00
SpainIBEX 135438.4680.000.200.200.00
GermanyXETRA 135438.4680.000.200.200.00
BangladeshDSE 136346.1550.000.330.330.00
BelgiumBRUSSELS 135438.4680.000.200.200.00
Austria WIENERBORSE 135438.4680.000.200.200.00
SwitzerlandSIX 64266.6750.000.250.250.00
ItalyBORSA 135438.4680.000.200.200.00
NetherlandsAMSTERDAM 135438.4680.000.200.200.00
Vietnam HOSE 2614553.8535.710.290.290.00
PortugalLISBON 135438.4680.000.200.200.00
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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