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
USWARRANTS 21150.00100.0045.000.0045.00
Greece ATHENS 75371.4360.0016.000.8015.20
TurkeyBIST 168550.0062.5012.380.3812.00
JapanNAGOYA 21150.00100.0011.000.0011.00
USPREFERRED 22161072.7362.508.130.387.75
South KoreaKRX 59371762.7145.958.411.147.27
DenmarkCOPENHAGEN 43275.0066.677.330.676.67
QatarQE 21150.00100.005.000.005.00
MalaysiaBURSA 73142.8633.336.671.675.00
CanadaTSX-V 1610362.5030.009.004.104.90
IndiaNSE 48301962.5063.335.630.834.80
SingaporeSGX 43175.0033.335.000.334.67
Hong KongHKEX 49272055.1074.075.000.564.44
USAMEX 26201476.9270.005.151.054.10
CanadaTSX 92644269.5765.634.450.563.89
ChinaSSE 54382270.3757.894.500.823.68
TaiwanGTSM 45321771.1153.134.380.813.56
USNASDAQ 150935962.6762.774.531.033.50
SwedenSTOCKHOLM 33281384.8546.435.001.543.46
ChinaSZSE 83683981.9357.354.561.403.16
BrazilBOVESPA 45241453.3358.333.920.793.13
UKLSE 89624569.6672.583.470.652.82
USNYSE 23917910674.9059.223.320.592.73
The World 26101806103769.3157.323.741.022.72
Saudi ArabiaTADAWUL 1310776.9270.003.100.402.70
BelgiumBRUSSELS 108580.0062.503.250.632.63
SingaporeSGX 221100.0050.003.000.502.50
PhilippinesPSE 1911657.8954.553.551.092.45
IndiaBSE 105693965.7156.523.521.072.45
IsraelTASE 23161269.5775.003.561.252.31
South KoreaKOSDAQ 72482066.6741.673.541.382.17
FrancePARIS 53382471.7063.162.610.452.16
GermanyXETRA 128894469.5349.443.040.902.15
PakistanKSE 111100.00100.002.000.002.00
UAEUAE 111100.00100.002.000.002.00
Hong KongHKEX 111100.00100.002.000.002.00
SpainIBEX 64366.6775.003.001.002.00
BangladeshDSE 3415844.1253.332.870.931.93
TaiwanTWSE 81482959.2660.422.520.601.92
JapanTOKYO 31222311171.4749.782.991.221.77
NetherlandsAMSTERDAM 2015775.0046.672.470.731.73
ItalyBORSA 96663668.7554.552.230.591.64
IndonesiaIDX 1310476.9240.002.601.301.30
MexicoBMV 118372.7337.502.501.251.25
AustraliaASX 49281257.1442.862.461.321.14
PakistanKSE 139569.2355.563.222.111.11
ArgentinaBUE 111100.00100.001.000.001.00
AustraliaASX 221100.0050.001.000.001.00
MalaysiaBURSA 111100.00100.001.000.001.00
SwitzerlandSIX 34211561.7671.431.330.380.95
RussiaMICEX 108480.0050.002.001.130.88
NorwayOSE 64283.3340.001.400.600.80
UKLSE 331100.0033.330.670.000.67
Vietnam HOSE 32166.6750.001.000.500.50
Poland GPW 1712470.5933.333.423.250.17
ThailandSET 139469.2344.441.221.110.11
USOTC PINK 98663068.3744.784.164.060.10
FOREXFOREX 110100.000.000.000.000.00
Austria WIENERBORSE 108480.0050.002.882.880.00
ChileBCS 110100.000.000.000.000.00
ChileBCS 21150.00100.000.000.000.00
Poland GPW 1000.000.000.000.000.00
RussiaMICEX 21150.00100.000.000.000.00
SwedenSTOCKHOLM 1000.000.000.000.000.00
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 95055.560.000.008.20-8.20
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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