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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
TurkeyBIST 21150.00100.
SingaporeSGX 221100.0050.003.000.502.50
Hong KongHKEX 111100.00100.
PakistanKSE 111100.00100.
MalaysiaBURSA 111100.00100.
ArgentinaBUE 111100.00100.
AustraliaASX 221100.0050.
UKLSE 331100.0033.330.670.000.67
The World 2995453167.881.520.080.010.07
Greece ATHENS 80062.500.
FrancePARIS 770064.940.
SpainIBEX 60083.330.
DenmarkCOPENHAGEN 50080.
GermanyXETRA 2220069.370.
ChinaSZSE 800076.
ChinaSSE 770072.730.
ChileBCS 110100.
ChileBCS 40050.
SwitzerlandSIX 400065.
CanadaTSX 870067.820.
CanadaCSE 100070.
CanadaTSX-V 230056.520.
BrazilBOVESPA 650072.310.
BelgiumBRUSSELS 120083.330.
Hong KongHKEX 550052.730.
BangladeshDSE 280046.430.
ArgentinaBUE 140057.
AustraliaASX 660059.
Austria WIENERBORSE 210076.
MalaysiaBURSA 140042.860.
MexicoBMV 130076.920.
UAEUAE 300100.
Saudi ArabiaTADAWUL 190068.420.
QatarQE 40050.
KuwaitKSE 1000.
EgyptEGX 2000.
South KoreaKOSDAQ 800066.
South KoreaKRX 720066.670.
JapanTOKYO 3540070.340.
JapanNAGOYA 100100.
JapanFUKUOKA 20050.
ItalyBORSA 1220073.770.
IndiaNSE 410073.
IndiaBSE 930058.
IsraelTASE 220054.550.
IndonesiaIDX 190057.890.
PhilippinesPSE 130069.
NorwayOSE 60050.
NetherlandsAMSTERDAM 310067.740.
SwedenSTOCKHOLM 440081.820.
SwedenSTOCKHOLM 1000.
RussiaMICEX 120058.330.
RussiaMICEX 21150.00100.
Poland GPW 190078.950.
Poland GPW 31033.330.
PakistanKSE 110063.640.
Vietnam HOSE 60050.
Vietnam HNX 1000.
USWARRANTS 60066.670.
USPREFERRED 220072.730.
USOTC PINK 830068.670.
USNYSE 2480070.
USNASDAQ 1780065.
USAMEX 350065.710.
UKLSE 1490069.800.
TaiwanGTSM 420069.
TaiwanTWSE 830060.
TurkeyBIST 210057.
ThailandSET 120083.330.
SingaporeSGX 80075.
BangladeshDSE 110100.
IndonesiaIDX 110100.
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


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