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 black candlesticks. The market signals a bottom reversal with the change in the color at the fourth candlestick. The next day gaps higher and makes a strong upward move, confirming the reversal.
Recognition Criteria
1. The pattern begins with a black candlestick.
2. The next two days are also black days, and each one closes lower than the previous day’s close.
3. The third day gaps down and opens below the close of the second day.
4. The fourth day is white.
4. The fifth day is a strong white with an open forming (causing) a gap above the previous day’s close.
Pattern Requirements and Flexibility
The first three days of the Bullish After Bottom Gap Up are strong black candlesticks with consecutive lower opens and lower closes. The third black should gap down. The fourth day is a white candlestick that opens higher and covers the gap. The fifth day is a strong white candlestick that makes a body gap with the fourth day. There are no short candlesticks in this pattern.
Trader’s Behavior
The first two black days and the gapping down third black day create a market with an extended downtrend. The fourth day is a strong white day that shows there might finally be some weakness in the decline. The fifth day gaps up and closes near its highs creating a strong white candlestick. It now appears that the market overextended itself to the downside and a reversal of the prior trend has begun.
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 lower of the last two lows. 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 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
Poland GPW 43275.0066.6725.000.3324.67
USPREFERRED 21150.00100.0023.000.0023.00
Saudi ArabiaTADAWUL 444100.00100.0018.750.0018.75
RussiaMICEX 32266.67100.0015.000.0015.00
IsraelTASE 64466.67100.0011.250.0011.25
BrazilBOVESPA 72228.57100.0010.000.0010.00
USOTC PINK 149564.2955.566.000.895.11
DenmarkCOPENHAGEN 31133.33100.
JapanTOKYO 49322265.3168.755.590.595.00
ChinaSZSE 41372090.2454.056.411.415.00
IndiaBSE 3520957.1445.006.301.604.70
USNASDAQ 72463463.8973.915.671.354.33
CanadaTSX 128666.6775.004.500.254.25
ThailandSET 111100.00100.
SwitzerlandSIX 333100.00100.
UKLSE 14121085.7183.334.500.673.83
TaiwanGTSM 111100.00100.
The World 71648130067.1862.373.850.942.92
GermanyXETRA 2011855.0072.733.180.452.73
FrancePARIS 15141193.3378.572.790.502.29
TurkeyBIST 94444.44100.
PakistanKSE 554100.0080.002.400.202.20
AustraliaASX 118572.7362.502.380.751.63
ChileBCS 32266.67100.001.500.001.50
USAMEX 76585.7183.332.170.831.33
TaiwanTWSE 108580.0062.502.000.751.25
ItalyBORSA 18141177.7878.571.930.711.21
ChinaSSE 1713876.4761.542.000.851.15
SwedenSTOCKHOLM 129375.0033.332.781.781.00
MalaysiaBURSA 111100.00100.
BrazilBOVESPA 111100.00100.
AustraliaASX 111100.00100.
South KoreaKOSDAQ 2417970.8352.942.471.650.82
USNYSE 66432465.1555.811.811.400.42
IndiaNSE 3216850.0050.001.691.310.38
PakistanKSE 110100.
PhilippinesPSE 1000.
NorwayOSE 1000.
USFOREX 110100.
SingaporeSGX 1000.
Vietnam HOSE 110100.
CanadaTSX 110100.
BelgiumBRUSSELS 1000.
BangladeshDSE 110100.
BangladeshDSE 3000.
CanadaTSX-V 21050.
Hong KongHKEX 110100.
DenmarkCOPENHAGEN 21050.
IsraelTASE 1000.
UAEUAE 110100.
South KoreaKRX 10102100.0020.000.601.10-0.50
MexicoBMV 42150.0050.001.502.00-0.50
CanadaCSE 21050.
ChinaSSE 110100.
ChileBCS 110100.
Hong KongHKEX 116154.5516.670.672.17-1.50
QatarQE 220100.
Austria WIENERBORSE 21050.
EgyptEGX 110100.
IndonesiaIDX 110100.
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


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.

Candlesticker.com is an independent and free website and all the Services provided by Americanbulls.com LLC at Candlesticker.com are completely free of charge. Americanbulls.com LLC does not receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com© family websites), and from the stocks, securities and other institutions or any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or consequential damages.