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 1/1/2021
Stock Exchange 
Per Trade 
Total Net% Descending
ChileBCS 52240.00100.0013.370.0013.37
Greece ATHENS 96366.6750.0013.420.8212.60
ArgentinaBUE 1712970.5975.0012.241.0011.24
TurkeyBIST 36252069.4480.006.870.885.98
Saudi ArabiaTADAWUL 2014870.0057.145.930.615.32
DenmarkCOPENHAGEN 54380.0075.005.650.625.03
JapanNAGOYA 221100.0050.005.440.484.97
CanadaTSX-V 2714551.8535.718.934.094.84
BangladeshDSE 2713848.1561.545.451.124.34
MexicoBMV 1411978.5781.824.510.194.32
Vietnam HOSE 95355.5660.005.601.404.20
TurkeyBIST 21150.00100.
USNASDAQ 2231398662.3361.875.051.213.83
IndiaBSE 117673557.2652.244.831.103.73
ChinaSSE 102724570.5962.504.280.623.66
PhilippinesPSE 138561.5462.504.771.163.61
CanadaTSX 100674767.0070.154.070.513.56
ChinaSZSE 105764572.3859.214.370.813.55
SwedenSTOCKHOLM 49381977.5550.005.381.833.55
IndonesiaIDX 2314760.8750.004.080.723.37
BelgiumBRUSSELS 109590.0055.563.810.593.22
IsraelTASE 24151262.5080.003.800.743.06
USOTC PINK 93612766.6743.555.162.172.99
IndiaNSE 63432368.2553.493.671.172.50
SingaporeSGX 221100.0050.003.000.502.50
FrancePARIS 84553365.4860.003.070.652.42
The World 35152364137668.0257.553.290.952.33
UAEUAE 332100.0066.672.470.182.29
USNYSE 30021313471.0062.913.010.752.26
JapanTOKYO 38126815870.3458.963.110.882.23
SingaporeSGX 86275.0033.332.500.412.09
Hong KongHKEX 111100.00100.
PakistanKSE 111100.00100.
USAMEX 40251562.5060.002.831.031.81
TaiwanTWSE 106663662.2654.552.580.841.74
TaiwanGTSM 44341677.2747.062.480.771.72
BrazilBOVESPA 73503068.4960.002.270.581.69
SwitzerlandSIX 44281963.6467.861.950.301.65
AustraliaASX 77482662.3454.173.571.931.64
ItalyBORSA 133945670.6859.572.110.471.63
UKLSE 1841369073.9166.182.480.851.63
South KoreaKRX 92643669.5756.252.410.831.58
Hong KongHKEX 68432363.2453.492.531.031.50
NetherlandsAMSTERDAM 39241261.5450.002.040.651.39
South KoreaKOSDAQ 103722869.9038.892.961.781.19
SpainIBEX 107470.0057.142.601.541.06
MalaysiaBURSA 111100.00100.
ArgentinaBUE 111100.00100.
AustraliaASX 221100.0050.
GermanyXETRA 2421698769.8351.481.570.800.77
UKLSE 331100.0033.330.670.000.67
NorwayOSE 75171.4320.001.951.330.63
PakistanKSE 1511373.3327.272.271.680.59
Poland GPW 2215668.1840.003.042.520.53
KuwaitKSE 1000.
EgyptEGX 2000.
ChileBCS 110100.
Vietnam HOSE 111100.00100.
USWARRANTS 60066.670.
USPREFERRED 220072.730.
Poland GPW 31033.330.
SwedenSTOCKHOLM 1000.
RussiaMICEX 100060.
RussiaMICEX 21150.00100.
Austria WIENERBORSE 25181072.0055.562.292.37-0.08
ThailandSET 1613481.2530.771.591.72-0.13
QatarQE 53160.0033.330.260.52-0.26
MalaysiaBURSA 166237.5033.331.391.78-0.38
BangladeshDSE 110100.
IndonesiaIDX 110100.
Vietnam HNX 21050.
JapanFUKUOKA 21050.
CanadaCSE 54080.000.000.0015.89-15.89
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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