BULLISH LADDER BOTTOM
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 buying decisions.
BULLISH LADDER BOTTOM
Definition
This is a five candlestick pattern that starts with three strong black candlesticks. The downtrend continues with the fourth lower close. The next day gaps higher and closes much higher than the previous day or two. This may imply a bullish reversal.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. Three strong black candlesticks occur much like the Three Black Crows pattern.
3. The fourth black candlestick closes also lower but has a long upper shadow.
4. The fifth day is a strong white with an open above the previous day’s body.
Pattern Requirements and Flexibility
The first three days of the Bullish Ladder Bottom are strong black candlesticks with consecutive lower opens and lower closes. The fourth day is a short black candlestick, but it opens higher and trades higher, leaving a long upper shadow, then closes making a new low. The fifth day is a strong white candlestick that makes a body gap with the fourth day.
Trader’s Behavior
There is a considerable downtrend for some time and the bears are happy. Then we see a good downward move. Prices start trading above the opening price and almost reaching to the new high of the previous day, but then they close at another new low. This action is a warning for shorts telling them that the market will not go down forever. The shorts may then be forced to reevaluate their positions and they may start closing their positions on the next day if profits are good. This act is the reason behind the upward gap we see on the last day of the pattern and also the close is considerably higher. If the volume is high on the last day, a trend reversal has probably occurred. However, a confirmation will still be required on the next day.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the last low. Following the BUY, if prices go down instead of going up, and close or make two consecutive daily lows below the stop loss level, while no bearish 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
SingaporeSGX 221100.0050.003.000.502.50
Hong KongHKEX 111100.00100.002.000.002.00
PakistanKSE 111100.00100.002.000.002.00
MalaysiaBURSA 111100.00100.001.000.001.00
ArgentinaBUE 111100.00100.001.000.001.00
AustraliaASX 221100.0050.001.000.001.00
UKLSE 331100.0033.330.670.000.67
The World 2907432968.041.470.070.010.06
Greece ATHENS 80062.500.000.000.000.00
FrancePARIS 750066.670.000.000.000.00
SpainIBEX 60066.670.000.000.000.00
DenmarkCOPENHAGEN 50080.000.000.000.000.00
GermanyXETRA 1950071.790.000.000.000.00
ChinaSZSE 800081.250.000.000.000.00
ChinaSSE 620072.580.000.000.000.00
ChileBCS 110100.000.000.000.000.00
ChileBCS 30033.330.000.000.000.00
SwitzerlandSIX 350065.710.000.000.000.00
CanadaTSX 920069.570.000.000.000.00
CanadaCSE 100060.000.000.000.000.00
CanadaTSX-V 240066.670.000.000.000.00
BrazilBOVESPA 570061.400.000.000.000.00
BelgiumBRUSSELS 120075.000.000.000.000.00
Hong KongHKEX 510054.900.000.000.000.00
BangladeshDSE 330036.360.000.000.000.00
ArgentinaBUE 70042.860.000.000.000.00
FOREXFOREX 110100.000.000.000.000.00
AustraliaASX 580056.900.000.000.000.00
Austria WIENERBORSE 170070.590.000.000.000.00
MalaysiaBURSA 110036.360.000.000.000.00
MexicoBMV 120075.000.000.000.000.00
UAEUAE 200100.000.000.000.000.00
Saudi ArabiaTADAWUL 150066.670.000.000.000.00
QatarQE 30033.330.000.000.000.00
KuwaitKSE 1000.000.000.000.000.00
South KoreaKOSDAQ 870067.820.000.000.000.00
South KoreaKRX 540061.110.000.000.000.00
JapanTOKYO 3450071.880.000.000.000.00
JapanNAGOYA 100100.000.000.000.000.00
JapanFUKUOKA 100100.000.000.000.000.00
ItalyBORSA 1190073.110.000.000.000.00
IndiaNSE 430062.790.000.000.000.00
IndiaBSE 940057.450.000.000.000.00
IsraelTASE 220059.090.000.000.000.00
IndonesiaIDX 190073.680.000.000.000.00
PhilippinesPSE 140085.710.000.000.000.00
NorwayOSE 30033.330.000.000.000.00
NetherlandsAMSTERDAM 240070.830.000.000.000.00
SwedenSTOCKHOLM 380078.950.000.000.000.00
SwedenSTOCKHOLM 1000.000.000.000.000.00
RussiaMICEX 100070.000.000.000.000.00
RussiaMICEX 21150.00100.000.000.000.00
Poland GPW 260065.380.000.000.000.00
Poland GPW 31033.330.000.000.000.00
PakistanKSE 130069.230.000.000.000.00
Vietnam HOSE 70057.140.000.000.000.00
USWARRANTS 60066.670.000.000.000.00
USPREFERRED 210071.430.000.000.000.00
USOTC PINK 1020069.610.000.000.000.00
USNYSE 2280068.860.000.000.000.00
USNASDAQ 1550059.350.000.000.000.00
USAMEX 290065.520.000.000.000.00
UKLSE 1450072.410.000.000.000.00
TaiwanGTSM 430069.770.000.000.000.00
TaiwanTWSE 820059.760.000.000.000.00
TurkeyBIST 190047.370.000.000.000.00
ThailandSET 140071.430.000.000.000.00
SingaporeSGX 70085.710.000.000.000.00
BangladeshDSE 110100.000.000.001.00-1.00
IndonesiaIDX 110100.000.000.001.00-1.00
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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