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 1/1/2016
Stock Exchange 
Per Trade 
Total Net% Descending
IsraelTASE 32266.67100.0020.500.0020.50
RussiaMICEX 31133.33100.0017.000.0017.00
USOTC PINK 666100.00100.0015.670.0015.67
CanadaTSX 87587.5071.439.290.299.00
NetherlandsAMSTERDAM 111100.00100.
ChinaSZSE 27231385.1956.527.170.966.22
IndiaBSE 2114666.6742.868.212.076.14
JapanTOKYO 34231767.6573.916.090.525.57
DenmarkCOPENHAGEN 31133.33100.
USNASDAQ 31221770.9777.275.320.734.59
SwitzerlandSIX 333100.00100.003.670.003.67
USAMEX 43375.00100.003.670.003.67
The World 39327818170.7465.114.230.763.46
ChinaSSE 96566.6783.333.170.502.67
TurkeyBIST 63350.00100.002.670.002.67
UKLSE 108680.0075.003.250.632.63
FrancePARIS 76485.7166.673.170.672.50
Saudi ArabiaTADAWUL 333100.00100.002.330.002.33
AustraliaASX 74357.1475.002.750.502.25
South KoreaKOSDAQ 1612875.0066.673.080.922.17
SwedenSTOCKHOLM 75271.4340.
GermanyXETRA 107470.0057.142.571.291.29
USNYSE 38251765.7968.001.720.481.24
BrazilBOVESPA 111100.00100.
PakistanKSE 332100.0066.671.330.331.00
IndiaNSE 2011555.0045.451.551.360.18
Vietnam HOSE 110100.
USFOREX 110100.
BelgiumBRUSSELS 1000.
BangladeshDSE 110100.
BangladeshDSE 1000.
Hong KongHKEX 110100.
CanadaTSX 110100.
CanadaTSX-V 21150.00100.
PakistanKSE 110100.
PhilippinesPSE 1000.
MexicoBMV 1000.
UAEUAE 110100.
DenmarkCOPENHAGEN 21050.
IsraelTASE 1000.
South KoreaKRX 42150.0050.000.000.50-0.50
TaiwanTWSE 64266.6750.000.751.25-0.50
ItalyBORSA 106460.0066.670.671.50-0.83
Poland GPW 21050.
ChinaSSE 110100.
ChileBCS 110100.
QatarQE 220100.
Hong KongHKEX 74157.1425.001.003.25-2.25
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.