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
ArgentinaBUE 1510866.6780.0016.180.4015.79
Greece ATHENS 96366.6750.0013.430.7412.69
ChileBCS 42250.00100.0010.390.0010.39
TurkeyBIST 23141360.8792.868.260.687.58
Vietnam HOSE 74357.1475.
DenmarkCOPENHAGEN 54380.0075.005.680.625.06
JapanNAGOYA 221100.0050.005.480.475.01
CanadaTSX-V 2312452.1733.338.443.864.58
MexicoBMV 1511873.3372.734.720.314.41
IndiaBSE 103643662.1456.255.020.874.15
USNASDAQ 1881227264.8959.025.311.234.08
ChinaSZSE 95674270.5362.694.870.834.04
TurkeyBIST 21150.00100.
ChinaSSE 92654270.6564.624.670.703.97
BangladeshDSE 2913844.8361.545.081.183.90
Saudi ArabiaTADAWUL 2014870.0057.144.360.613.76
IsraelTASE 24141258.3385.713.840.383.46
CanadaTSX 94624565.9672.583.900.463.43
IndiaNSE 47342072.3458.824.250.953.30
PhilippinesPSE 139569.2355.564.201.023.18
TaiwanGTSM 47311765.9654.843.730.583.15
SwedenSTOCKHOLM 45361980.0052.784.821.683.14
IndonesiaIDX 2012660.0050.003.890.803.08
RussiaMICEX 106560.0083.333.010.092.92
USNYSE 26619011871.4362.113.250.722.53
BelgiumBRUSSELS 1210583.3350.003.430.912.51
SingaporeSGX 221100.0050.003.000.502.50
USAMEX 42281766.6760.713.310.942.37
USOTC PINK 92612867.3945.164.372.022.35
The World 32162167125368.0357.273.280.962.32
UAEUAE 332100.0066.672.470.182.29
JapanTOKYO 37126315770.8959.703.110.862.25
SingaporeSGX 86275.0033.332.500.412.09
Hong KongHKEX 111100.00100.
PakistanKSE 111100.00100.
FrancePARIS 79512864.5654.902.640.721.92
PakistanKSE 139369.2333.332.780.971.81
Hong KongHKEX 63351755.5648.572.671.191.48
UKLSE 1521066869.7464.152.300.851.45
GermanyXETRA 2291598569.4353.462.150.831.31
ItalyBORSA 127935273.2355.911.830.551.28
South KoreaKRX 88643472.7353.
AustraliaASX 69391956.5248.723.362.171.19
BrazilBOVESPA 65472572.3153.191.850.681.17
TaiwanTWSE 94583061.7051.722.150.991.16
NetherlandsAMSTERDAM 32221168.7550.001.680.591.10
ArgentinaBUE 111100.00100.
AustraliaASX 221100.0050.
MalaysiaBURSA 111100.00100.
Poland GPW 2015675.0040.003.402.500.90
SwitzerlandSIX 43271762.7962.961.170.350.82
UKLSE 331100.0033.330.670.000.67
SpainIBEX 76385.7150.001.541.390.16
QatarQE 53160.0033.330.250.190.06
Vietnam HNX 1000.
Vietnam HOSE 111100.00100.
USWARRANTS 60066.670.
USPREFERRED 220072.730.
ChileBCS 110100.
RussiaMICEX 21150.00100.
SwedenSTOCKHOLM 1000.
KuwaitKSE 1000.
EgyptEGX 2000.
Poland GPW 31033.330.
South KoreaKOSDAQ 89602067.4233.331.722.00-0.28
Austria WIENERBORSE 2317873.9147.061.882.65-0.76
IndonesiaIDX 110100.
BangladeshDSE 110100.
ThailandSET 1411378.5727.270.311.43-1.12
NorwayOSE 74057.
MalaysiaBURSA 146042.860.000.002.00-2.00
JapanFUKUOKA 21050.
CanadaCSE 107070.000.000.0013.04-13.04
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.