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 1/1/2018
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
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
South KoreaKRX 54331661.1148.489.391.218.18
USPREFERRED 2115871.4353.338.530.478.07
DenmarkCOPENHAGEN 332100.0066.677.330.676.67
MalaysiaBURSA 73142.8633.336.671.675.00
QatarQE 21150.00100.005.000.005.00
CanadaTSX-V 1410371.4330.009.004.104.90
USAMEX 23191482.6173.685.420.634.79
SwedenSTOCKHOLM 26231288.4652.176.001.524.48
ChinaSSE 49342169.3961.764.970.714.26
USNASDAQ 136935868.3862.375.261.104.16
TaiwanGTSM 42281566.6753.574.930.824.11
CanadaTSX 91623968.1362.904.500.633.87
Hong KongHKEX 50261952.0073.084.380.583.81
ChinaSZSE 77633881.8260.324.901.373.54
Poland GPW 117463.6457.145.862.573.29
IndiaNSE 44261559.0957.694.381.123.27
USNYSE 2171639975.1260.743.550.612.94
The World 2362163595569.3158.343.881.002.89
UKLSE 77564172.7373.213.390.662.73
IndiaBSE 95623565.2656.453.791.152.65
BelgiumBRUSSELS 98588.8962.503.250.632.63
Saudi ArabiaTADAWUL 1310676.9260.003.000.502.50
SingaporeSGX 221100.0050.003.000.502.50
South KoreaKOSDAQ 64452070.3144.443.761.332.42
BrazilBOVESPA 33181054.5555.563.391.002.39
IndonesiaIDX 1310476.9240.003.601.302.30
PakistanKSE 127558.3371.434.141.862.29
GermanyXETRA 107733968.2253.423.210.932.27
FrancePARIS 52372371.1562.162.620.462.16
TaiwanTWSE 72452862.5062.222.640.512.13
JapanTOKYO 2651889570.9450.533.211.202.02
Vietnam HOSE 21150.00100.002.000.002.00
UAEUAE 111100.00100.002.000.002.00
PakistanKSE 111100.00100.002.000.002.00
Hong KongHKEX 111100.00100.002.000.002.00
SpainIBEX 74357.1475.003.001.002.00
BangladeshDSE 3215846.8853.332.870.931.93
NetherlandsAMSTERDAM 1914773.6850.002.640.711.93
IsraelTASE 23151165.2273.333.201.331.87
ItalyBORSA 92623367.3953.232.160.601.56
MexicoBMV 107270.0028.572.711.431.29
SingaporeSGX 54180.0025.003.752.501.25
AustraliaASX 43231155.8145.832.421.291.13
MalaysiaBURSA 111100.00100.001.000.001.00
ArgentinaBUE 111100.00100.001.000.001.00
AustraliaASX 221100.0050.001.000.001.00
NorwayOSE 64283.3340.001.400.600.80
SwitzerlandSIX 31191361.2968.421.210.420.79
UKLSE 331100.0033.330.670.000.67
RussiaMICEX 119481.8244.441.781.110.67
Austria WIENERBORSE 96366.6750.003.503.170.33
ThailandSET 117363.6442.861.431.290.14
USOTC PINK 81562769.1448.214.053.960.09
ChileBCS 21150.00100.000.000.000.00
FOREXFOREX 110100.000.000.000.000.00
Poland GPW 1000.000.000.000.000.00
RussiaMICEX 21150.00100.000.000.000.00
SwedenSTOCKHOLM 1000.000.000.000.000.00
USWARRANTS 1000.000.000.000.000.00
PhilippinesPSE 178447.0650.000.881.13-0.25
IndonesiaIDX 110100.000.000.001.00-1.00
BangladeshDSE 110100.000.000.001.00-1.00
JapanFUKUOKA 110100.000.000.002.00-2.00
ArgentinaBUE 31033.330.000.004.00-4.00
CanadaCSE 74057.140.000.005.75-5.75
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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