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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
TurkeyBIST 177541.1871.4313.430.4313.00
JapanNAGOYA 21150.00100.0011.000.0011.00
SwedenSTOCKHOLM 28241185.7145.8312.171.5810.58
CanadaTSX-V 148457.1450.0012.252.639.63
South KoreaKRX 49361973.4752.789.141.008.14
USPREFERRED 23181378.2672.227.560.397.17
Greece ATHENS 74357.1475.0020.0013.007.00
Vietnam HOSE 54380.0075.007.000.256.75
DenmarkCOPENHAGEN 332100.0066.677.330.676.67
ChinaSSE 53402875.4770.007.350.736.63
QatarQE 21150.00100.005.000.005.00
Hong KongHKEX 65352753.8577.145.370.634.74
Saudi ArabiaTADAWUL 1210683.3360.004.900.504.40
USNASDAQ 131865565.6563.955.230.844.40
CanadaTSX 91543559.3464.814.980.674.31
TaiwanGTSM 49321565.3146.885.250.974.28
Poland GPW 138561.5462.506.132.253.88
South KoreaKOSDAQ 68442264.7150.004.800.983.82
USAMEX 40322080.0062.504.470.813.66
IndiaBSE 110713764.5552.114.831.233.61
BelgiumBRUSSELS 86475.0066.674.330.833.50
BrazilBOVESPA 34171050.0058.824.350.943.41
The World 2471169396868.5657.143.881.032.85
IndonesiaIDX 1611568.7545.453.731.182.55
SingaporeSGX 221100.0050.003.000.502.50
ChinaSZSE 77664185.7162.123.701.322.38
UKLSE 85583668.2462.073.120.832.29
AustraliaASX 48281358.3346.433.681.432.25
IndiaNSE 53352066.0457.143.141.032.11
USNYSE 2111559373.4660.002.570.482.08
ThailandSET 1512680.0050.003.171.082.08
AustraliaASX 111100.00100.002.000.002.00
Hong KongHKEX 111100.00100.002.000.002.00
PakistanKSE 111100.00100.002.000.002.00
FrancePARIS 57371864.9148.652.730.761.97
GermanyXETRA 115814270.4351.852.991.111.88
BangladeshDSE 3115848.3953.332.731.071.67
TaiwanTWSE 67412561.1960.982.270.681.59
JapanTOKYO 30522211272.7950.452.601.231.37
MexicoBMV 138261.5425.002.381.131.25
SpainIBEX 74257.1450.002.251.001.25
NetherlandsAMSTERDAM 1916884.2150.002.000.811.19
ArgentinaBUE 111100.00100.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
IsraelTASE 1813872.2261.541.851.000.85
SwitzerlandSIX 32191259.3863.161.370.530.84
ItalyBORSA 96592761.4645.761.470.690.78
UKLSE 331100.0033.330.670.000.67
USOTC PINK 81512464.2046.154.213.600.62
RussiaMICEX 107370.0042.861.861.290.57
Austria WIENERBORSE 65383.3360.004.203.800.40
RussiaMICEX 21150.00100.000.000.000.00
Poland GPW 1000.000.000.000.000.00
PakistanKSE 116254.5533.332.332.330.00
USWARRANTS 1000.000.000.000.000.00
ChileBCS 1000.000.000.000.000.00
FOREXFOREX 110100.000.000.000.000.00
PhilippinesPSE 2111452.3836.360.641.55-0.91
IndonesiaIDX 110100.000.000.001.00-1.00
BangladeshDSE 110100.000.000.001.00-1.00
NorwayOSE 663100.0050.002.004.00-2.00
JapanFUKUOKA 110100.000.000.002.00-2.00
MalaysiaBURSA 62033.330.000.003.50-3.50
SingaporeSGX 42050.000.000.004.50-4.50
CanadaCSE 64066.670.000.005.75-5.75
ArgentinaBUE 21050.000.000.007.00-7.00
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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