BEARISH LADDER TOP
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 selling decisions.
BEARISH LADDER TOP
Definition
This is a five candlestick pattern that starts with three strong white candlesticks. The uptrend continues with the fourth higher close. The next day gaps lower and closes much lower than the previous day or two. This may imply a bearish reversal.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. Three strong white candlesticks occur much like the Three White Soldiers pattern.
3. The fourth white candlestick closes also higher but has a long lower shadow.
4. The fifth day is a strong black with an open below the previous day’s body.
Pattern Requirements and Flexibility
The first three days of the Bearish Ladder Top are strong white candlesticks with consecutive higher opens and higher closes. The fourth day is a short white candlestick, but it opens lower and trades lower, leaving a long lower shadow, then closes making a new high. The fifth day is a strong black candlestick that makes a body gap with the fourth day.
Trader’s Behavior
There is a considerable uptrend for some time and the bulls are happy. Then we see a good upward move. Prices start trading below the opening price and almost reaching to the new low of the previous day, but then they close at another new high. This action is a warning for the bulls telling them that the market will not go up forever. The bulls may then be forced to reevaluate their positions and they may start taking profits. This act is the reason behind the downward gap we see on the last day of the pattern and also the close is considerably lower. A trend reversal has probably occurred. However, a confirmation will still be required on the next day.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the last high. Following the bearish signal, if prices go up instead of going down, and close or make two consecutive daily highs above the stop loss level, while no bullish pattern is detected, then the stop loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2016
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
SingaporeSGX 31133.33100.008.000.008.00
JapanNAGOYA 221100.0050.007.500.007.50
Vietnam HOSE 52240.00100.007.000.007.00
South KoreaKOSDAQ 1611868.7572.736.450.366.09
PakistanKSE 111100.00100.006.000.006.00
USOTC PINK 38221557.8968.186.001.364.64
ChinaSSE 49251551.0260.005.961.604.36
ThailandSET 73242.8666.674.670.334.33
SpainIBEX 554100.0080.004.400.204.20
SwedenSTOCKHOLM 168550.0062.504.750.634.13
RussiaMICEX 111100.00100.004.000.004.00
ChinaSZSE 53291854.7262.074.240.523.72
Poland GPW 75471.4380.003.800.203.60
KuwaitKSE 111100.00100.003.000.003.00
MalaysiaBURSA 96366.6750.003.170.332.83
South KoreaKRX 215323.8160.003.400.602.80
Hong KongHKEX 1612675.0050.004.171.582.58
Saudi ArabiaTADAWUL 85462.5080.002.600.202.40
UKLSE 65461970.7741.302.980.722.26
BrazilBOVESPA 75371.4360.003.601.402.20
CanadaTSX-V 332100.0066.673.001.002.00
BangladeshDSE 74357.1475.002.250.252.00
NetherlandsAMSTERDAM 189550.0055.562.330.561.78
USNYSE 2281447063.1648.612.440.741.71
RussiaMICEX 149564.2955.562.000.331.67
USAMEX 1310376.9230.002.400.901.50
USPREFERRED 1914873.6857.141.570.211.36
The World 152096449563.4251.352.180.891.29
CanadaTSX 64351954.6954.291.860.571.29
MexicoBMV 85462.5080.001.400.201.20
JapanTOKYO 122864970.4956.982.221.061.16
TaiwanGTSM 31133.33100.001.000.001.00
UAEUAE 111100.00100.001.000.001.00
UAEUAE 21150.00100.001.000.001.00
ArgentinaBUE 32266.67100.001.000.001.00
BelgiumBRUSSELS 32266.67100.001.000.001.00
ChinaSSE 222100.00100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
GermanyXETRA 87572765.5247.371.280.700.58
FrancePARIS 56341660.7147.061.120.590.53
SingaporeSGX 32266.67100.000.500.000.50
AustraliaASX 1912663.1650.001.170.670.50
USNASDAQ 111612554.9540.981.901.520.38
SwitzerlandSIX 37271172.9740.740.890.560.33
TurkeyBIST 332100.0066.670.330.000.33
PakistanKSE 1000.000.000.000.000.00
EgyptEGX 1000.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
IsraelTASE 1000.000.000.000.000.00
IndonesiaIDX 21050.000.000.000.000.00
Greece ATHENS 221100.0050.000.500.500.00
AustraliaASX 1000.000.000.000.000.00
DenmarkCOPENHAGEN 31033.330.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
IndiaBSE 106460.0066.671.001.17-0.17
TaiwanTWSE 1410371.4330.000.400.60-0.20
ItalyBORSA 66451968.1842.220.841.29-0.44
QatarQE 32066.670.000.001.00-1.00
UKLSE 21050.000.000.001.00-1.00
Austria WIENERBORSE 21050.000.000.001.00-1.00
PhilippinesPSE 772100.0028.570.141.43-1.29
IndiaNSE 662100.0033.332.003.33-1.33
NorwayOSE 42150.0050.000.001.50-1.50
IndonesiaIDX 74157.1425.000.502.25-1.75
BrazilBOVESPA 21050.000.000.002.00-2.00
ArgentinaBUE 220100.000.000.002.00-2.00
IsraelTASE 54180.0025.000.253.00-2.75
JordanASE 110100.000.000.009.00-9.00
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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