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.
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.
Pattern Performance in Stock Exchanges since 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
Greece ATHENS 64366.6775.0020.000.5019.50
TurkeyBIST 168550.0062.5012.380.3812.00
JapanNAGOYA 21150.00100.0011.000.0011.00
SwedenSTOCKHOLM 26241392.3154.1712.421.4610.96
South KoreaKRX 53331662.2648.489.391.218.18
USPREFERRED 2115871.4353.338.530.478.07
DenmarkCOPENHAGEN 332100.0066.677.330.676.67
USAMEX 24201583.3375.006.000.605.40
MalaysiaBURSA 63150.0033.336.671.675.00
QatarQE 21150.00100.
CanadaTSX-V 1410371.4330.
ChinaSSE 45312068.8964.525.350.654.71
USNASDAQ 125865468.8062.795.501.074.43
TaiwanGTSM 41271465.8551.855.070.894.19
CanadaTSX 88603868.1863.334.530.633.90
Hong KongHKEX 49251851.0272.004.240.603.64
ChinaSZSE 74613882.4362.304.901.283.62
Poland GPW 107470.0057.145.862.573.29
IndiaNSE 42261561.9057.694.381.123.27
The World 2239156291169.7658.323.980.983.00
BrazilBOVESPA 2815953.5760.
UKLSE 74533871.6271.703.510.702.81
BelgiumBRUSSELS 98588.8962.503.250.632.63
IndonesiaIDX 129375.0033.334.001.442.56
USNYSE 2061539274.2760.133.080.532.55
IndiaBSE 94623565.9656.453.661.152.52
Saudi ArabiaTADAWUL 1210683.3360.003.000.502.50
SingaporeSGX 221100.0050.003.000.502.50
South KoreaKOSDAQ 63452071.4344.443.761.332.42
GermanyXETRA 98683669.3952.943.220.972.25
TaiwanTWSE 69442863.7763.642.700.482.23
FrancePARIS 50352170.0060.002.660.492.17
Vietnam HOSE 21150.00100.
PakistanKSE 111100.00100.
NetherlandsAMSTERDAM 1511673.3354.552.820.822.00
UAEUAE 111100.00100.
Hong KongHKEX 111100.00100.
SpainIBEX 74357.1475.
BangladeshDSE 3115848.3953.332.870.931.93
JapanTOKYO 2491819072.6949.723.131.221.91
IsraelTASE 22151168.1873.333.201.331.87
MexicoBMV 96266.6733.333.171.331.83
PakistanKSE 96466.6766.673.672.171.50
AustraliaASX 40221155.0050.002.641.271.36
ItalyBORSA 83542665.0648.151.800.671.13
NorwayOSE 54280.0050.001.750.751.00
MalaysiaBURSA 111100.00100.
ArgentinaBUE 111100.00100.
AustraliaASX 221100.0050.
RussiaMICEX 108480.0050.
SwitzerlandSIX 28191367.8668.421.210.420.79
UKLSE 331100.0033.330.670.000.67
USOTC PINK 76512567.1149.024.183.670.51
Austria WIENERBORSE 75371.4360.004.203.800.40
ThailandSET 117363.6442.861.431.290.14
ChileBCS 1000.
Poland GPW 1000.
RussiaMICEX 21150.00100.
SwedenSTOCKHOLM 1000.
PhilippinesPSE 178447.0650.000.881.13-0.25
IndonesiaIDX 110100.
BangladeshDSE 110100.
SingaporeSGX 54180.0025.001.002.50-1.50
JapanFUKUOKA 110100.
ArgentinaBUE 31033.330.000.004.00-4.00
CanadaCSE 74057.
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.