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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
TurkeyBIST 156440.0066.6715.170.5014.67
SwedenSTOCKHOLM 2219886.3642.1111.741.899.84
South KoreaKRX 50351970.0054.2910.030.949.09
Vietnam HOSE 443100.0075.
ChinaSSE 43312272.0970.977.350.686.68
QatarQE 21150.00100.
Hong KongHKEX 61322452.4675.005.660.665.00
IndonesiaIDX 138561.5462.505.130.754.38
USNASDAQ 117775165.8166.235.030.794.23
USAMEX 39322182.0565.634.880.724.16
TaiwanGTSM 44271261.3644.445.111.044.07
South KoreaKOSDAQ 64411964.0646.344.951.073.88
IndiaBSE 96653367.7150.775.091.283.82
BrazilBOVESPA 2713748.1553.854.691.233.46
CanadaTSX 82493159.7663.273.690.693.00
BelgiumBRUSSELS 64366.6775.
IndiaNSE 47311965.9661.293.450.772.68
The World 2135144782267.8256.773.681.052.63
ChinaSZSE 62502980.6558.004.101.482.62
SingaporeSGX 221100.0050.003.000.502.50
ThailandSET 1311684.6254.553.451.092.36
UKLSE 72482966.6760.423.080.882.21
USNYSE 1951438673.3360.142.550.462.08
Hong KongHKEX 111100.00100.
AustraliaASX 111100.00100.
PakistanKSE 111100.00100.
RussiaMICEX 96266.6733.333.501.502.00
Poland GPW 116354.5550.004.502.671.83
IsraelTASE 1310776.9270.002.300.501.80
GermanyXETRA 102723570.5948.612.901.151.75
TaiwanTWSE 64392560.9464.102.310.561.74
ItalyBORSA 85522261.1842.312.330.791.54
NetherlandsAMSTERDAM 1514793.3350.002.290.931.36
FrancePARIS 48331668.7548.482.120.791.33
USPREFERRED 18151083.3366.671.530.271.27
JapanTOKYO 2481819372.9851.382.451.251.20
AustraliaASX 39241161.5445.832.631.501.13
MalaysiaBURSA 111100.00100.
SpainIBEX 63150.0033.332.331.331.00
ArgentinaBUE 111100.00100.
BangladeshDSE 2612646.1550.
UKLSE 331100.0033.330.670.000.67
SwitzerlandSIX 2514756.0050.001.210.710.50
Saudi ArabiaTADAWUL 75271.4340.001.200.800.40
Austria WIENERBORSE 63250.0066.673.002.670.33
Poland GPW 1000.
PakistanKSE 105250.0040.002.802.800.00
SingaporeSGX 2000.
RussiaMICEX 21150.00100.
JapanNAGOYA 1000.
PhilippinesPSE 1711464.7136.360.641.55-0.91
IndonesiaIDX 110100.
USOTC PINK 61391565.5737.503.054.20-1.15
MexicoBMV 106060.
CanadaTSX-V 105250.0040.002.003.60-1.60
NorwayOSE 553100.0060.002.404.40-2.00
JapanFUKUOKA 110100.
DenmarkCOPENHAGEN 110100.
MalaysiaBURSA 62033.330.000.003.50-3.50
CanadaCSE 43075.
ArgentinaBUE 21050.
Greece ATHENS 42150.0050.008.0026.00-18.00
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


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