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 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
TurkeyBIST 138561.5462.5012.630.3812.25
South KoreaKRX 35231165.7147.8312.911.2611.65
MalaysiaBURSA 42150.0050.0010.000.509.50
USAMEX 17141082.3571.437.500.936.57
TaiwanGTSM 31201264.5260.006.100.705.40
QatarQE 111100.00100.005.000.005.00
Hong KongHKEX 31151248.3980.004.800.274.53
IndiaNSE 31191161.2957.895.211.004.21
UKLSE 40302275.0073.334.600.604.00
USNASDAQ 87603768.9761.674.670.973.70
ChinaSSE 1911657.8954.554.000.733.27
BrazilBOVESPA 169556.2555.564.891.673.22
Vietnam HOSE 222100.00100.003.000.003.00
South KoreaKOSDAQ 47371878.7248.654.161.192.97
TaiwanTWSE 47302163.8370.003.330.372.97
IndiaBSE 60442373.3352.274.091.322.77
SwedenSTOCKHOLM 13136100.0046.154.151.382.77
The World 141399056170.0656.673.741.002.74
ChinaSZSE 43341979.0755.884.241.682.56
SingaporeSGX 221100.0050.003.000.502.50
IndonesiaIDX 32166.6750.004.001.502.50
USNYSE 1551136572.9057.523.000.512.49
CanadaTSX 58372263.7959.463.190.762.43
BelgiumBRUSSELS 443100.0075.003.000.752.25
IsraelTASE 129775.0077.783.441.332.11
PakistanKSE 111100.00100.002.000.002.00
NorwayOSE 332100.0066.672.330.332.00
AustraliaASX 111100.00100.002.000.002.00
Hong KongHKEX 111100.00100.002.000.002.00
FrancePARIS 34241470.5958.332.250.331.92
GermanyXETRA 71542576.0646.303.041.191.85
Saudi ArabiaTADAWUL 54280.0050.002.000.501.50
BangladeshDSE 198442.1150.002.130.631.50
SpainIBEX 52140.0050.003.502.001.50
JapanTOKYO 1421045073.2448.082.841.391.44
AustraliaASX 2213859.0961.541.460.081.38
USPREFERRED 1512780.0058.331.420.251.17
ItalyBORSA 62421767.7440.481.810.711.10
Poland GPW 64266.6750.004.753.751.00
MalaysiaBURSA 111100.00100.001.000.001.00
ArgentinaBUE 111100.00100.001.000.001.00
SwitzerlandSIX 138561.5462.501.631.000.63
PhilippinesPSE 117463.6457.141.290.710.57
ThailandSET 106360.0050.001.671.330.33
PakistanKSE 73242.8666.674.674.330.33
RussiaMICEX 441100.0025.002.252.000.25
JapanNAGOYA 1000.000.000.000.000.00
ArgentinaBUE 1000.000.000.000.000.00
FOREXFOREX 110100.000.000.000.000.00
UKLSE 220100.000.000.000.000.00
Poland GPW 1000.000.000.000.000.00
SingaporeSGX 1000.000.000.000.000.00
RussiaMICEX 21150.00100.000.000.000.00
NetherlandsAMSTERDAM 109390.0033.330.561.11-0.56
IndonesiaIDX 110100.000.000.001.00-1.00
CanadaCSE 31033.330.000.001.00-1.00
CanadaTSX-V 42150.0050.001.002.50-1.50
USOTC PINK 42281166.6739.292.964.75-1.79
JapanFUKUOKA 110100.000.000.002.00-2.00
Greece ATHENS 21050.000.000.002.00-2.00
MexicoBMV 64066.670.000.002.00-2.00
Austria WIENERBORSE 52140.0050.000.004.00-4.00
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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