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 1/1/2019
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 53260.0066.6723.331.0022.33
IndonesiaIDX 1713676.4746.1521.921.0820.85
Greece ATHENS 85362.5060.0016.200.4015.80
ChileBCS 31133.33100.0015.000.0015.00
Vietnam HOSE 52140.0050.0011.500.5011.00
JapanNAGOYA 111100.00100.0011.000.0011.00
USPREFERRED 2014870.0057.148.860.508.36
DenmarkCOPENHAGEN 43275.0066.677.330.676.67
TurkeyBIST 178747.0687.506.630.256.38
IndiaBSE 90533158.8958.496.430.815.62
USNASDAQ 147895660.5462.926.151.125.02
QatarQE 31133.33100.
Hong KongHKEX 48261854.1769.235.350.584.77
ChinaSZSE 75613581.3357.385.391.074.33
UAEUAE 222100.00100.
CanadaTSX 87614070.1165.574.540.703.84
IndiaNSE 42261561.9057.694.881.083.81
USAMEX 26171265.3870.594.350.943.41
SpainIBEX 53360.00100.003.330.003.33
TaiwanGTSM 41281668.2957.143.930.683.25
BelgiumBRUSSELS 129575.0055.563.890.673.22
CanadaTSX-V 2114566.6735.717.214.003.21
PakistanKSE 118572.7362.503.380.752.63
The World 27231847107167.8357.993.631.002.62
PhilippinesPSE 1412785.7158.333.420.832.58
SingaporeSGX 221100.0050.003.000.502.50
IsraelTASE 1810855.5680.003.300.802.50
USNYSE 2201549270.0059.743.000.602.40
ChinaSSE 55402372.7357.503.030.802.23
NetherlandsAMSTERDAM 2216772.7343.752.440.252.19
Hong KongHKEX 111100.00100.
MexicoBMV 128366.6737.502.750.752.00
PakistanKSE 111100.00100.
SwedenSTOCKHOLM 35271177.1440.743.891.931.96
JapanTOKYO 33223813271.6955.462.920.961.96
Saudi ArabiaTADAWUL 1510566.6750.002.500.601.90
BangladeshDSE 3010633.3360.002.901.001.90
South KoreaKOSDAQ 81552767.9049.093.071.381.69
UKLSE 124805064.5262.502.390.781.61
FrancePARIS 69462966.6763.042.150.541.61
SwitzerlandSIX 34221464.7163.641.730.181.55
GermanyXETRA 1741257671.8460.802.020.591.43
RussiaMICEX 97477.7857.142.290.861.43
ItalyBORSA 107774371.9655.841.900.491.40
BrazilBOVESPA 51291456.8648.282.100.761.34
MalaysiaBURSA 111100.00100.
ThailandSET 1510566.6750.001.900.901.00
South KoreaKRX 48291260.4241.382.031.031.00
ArgentinaBUE 111100.00100.
AustraliaASX 221100.0050.
TaiwanTWSE 82492859.7657.141.760.840.92
Poland GPW 2415662.5040.004.203.400.80
USOTC PINK 92703176.0944.295.064.340.71
UKLSE 331100.0033.330.670.000.67
AustraliaASX 55321158.1834.383.442.880.56
KuwaitKSE 1000.
Poland GPW 31033.330.
SwedenSTOCKHOLM 1000.
RussiaMICEX 21150.00100.
ChileBCS 110100.
SingaporeSGX 64266.6750.000.000.75-0.75
IndonesiaIDX 110100.
BangladeshDSE 110100.
ArgentinaBUE 62133.3350.001.002.00-1.00
NorwayOSE 31033.330.000.001.00-1.00
Austria WIENERBORSE 149464.2944.442.564.22-1.67
JapanFUKUOKA 110100.
MalaysiaBURSA 82025.
CanadaCSE 106160.0016.670.676.83-6.17
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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