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 1/1/2017
Stock Exchange 
Per Trade 
Total Net% Descending
Poland GPW 43275.0066.6725.000.3324.67
PakistanKSE 54380.0075.0020.500.2520.25
RussiaMICEX 222100.00100.0015.000.0015.00
Saudi ArabiaTADAWUL 65483.3380.0015.200.4014.80
USPREFERRED 32166.6750.0011.501.0010.50
USOTC PINK 119681.8266.6710.220.679.56
IsraelTASE 111100.00100.
ChinaSZSE 45422793.3364.298.400.987.43
South KoreaKRX 553100.0060.007.800.807.00
ThailandSET 111100.00100.
DenmarkCOPENHAGEN 31133.33100.
ChinaSSE 26221384.6259.095.590.824.77
USNASDAQ 60432971.6767.445.811.704.12
SwitzerlandSIX 43375.00100.
JapanTOKYO 55382769.0971.054.630.713.92
USAMEX 63350.00100.003.670.003.67
AustraliaASX 106660.00100.003.670.003.67
The World 69849030470.3461.914.180.963.22
TaiwanGTSM 442100.0050.
UKLSE 15131086.6776.923.460.622.85
GermanyXETRA 17111064.7190.912.450.092.36
Hong KongHKEX 159460.0044.443.441.442.00
BrazilBOVESPA 42150.0050.002.500.502.00
CanadaTSX 1310776.9270.002.400.402.00
South KoreaKOSDAQ 2314860.8757.142.641.071.57
NetherlandsAMSTERDAM 221100.0050.002.000.501.50
ChileBCS 222100.00100.001.500.001.50
FrancePARIS 1211791.6763.642.000.911.09
USNYSE 80542967.5053.702.441.371.07
AustraliaASX 111100.00100.
BrazilBOVESPA 111100.00100.
MalaysiaBURSA 111100.00100.
TurkeyBIST 106460.0066.671.500.670.83
TaiwanTWSE 128466.6750.001.500.750.75
IndiaNSE 3519954.2947.371.681.160.53
SwedenSTOCKHOLM 118472.7350.002.131.880.25
ItalyBORSA 127566.6762.501.381.130.25
CanadaTSX 110100.
CanadaTSX-V 111100.00100.
BelgiumBRUSSELS 111100.00100.
BangladeshDSE 110100.
BangladeshDSE 1000.
Hong KongHKEX 110100.
DenmarkCOPENHAGEN 21050.
USFOREX 110100.
Vietnam HOSE 110100.
QatarQE 110100.
UAEUAE 110100.
MalaysiaBURSA 1000.
IsraelTASE 1000.
PakistanKSE 110100.
PhilippinesPSE 1000.
SingaporeSGX 1000.
IndiaBSE 3421761.7633.331.622.10-0.48
MexicoBMV 32166.6750.001.502.00-0.50
Greece ATHENS 221100.0050.001.001.50-0.50
SpainIBEX 110100.
ChinaSSE 110100.
ChileBCS 110100.
PortugalLISBON 110100.
EgyptEGX 42150.0050.000.502.00-1.50
Austria WIENERBORSE 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


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