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
JapanNAGOYA 221100.0050.007.500.007.50
PakistanKSE 111100.00100.006.000.006.00
South KoreaKOSDAQ 18131072.2276.926.000.315.69
USOTC PINK 43251858.1472.006.761.205.56
ChinaSSE 53281752.8360.715.821.574.25
SpainIBEX 554100.0080.004.400.204.20
RussiaMICEX 111100.00100.004.000.004.00
SingaporeSGX 42250.00100.004.000.004.00
Poland GPW 75471.4380.003.800.203.60
ChinaSZSE 63362357.1463.894.170.583.58
SwedenSTOCKHOLM 1810655.5660.004.100.703.40
ThailandSET 94244.4450.003.500.503.00
MalaysiaBURSA 96366.6750.003.170.332.83
South KoreaKRX 248533.3362.503.250.632.63
Saudi ArabiaTADAWUL 118772.7387.502.380.132.25
BangladeshDSE 74357.1475.002.250.252.00
CanadaTSX-V 332100.0066.673.001.002.00
Hong KongHKEX 1915778.9546.673.331.332.00
BrazilBOVESPA 97477.7857.143.001.291.71
RussiaMICEX 169556.2555.562.000.331.67
UKLSE 91683174.7345.592.430.761.66
NetherlandsAMSTERDAM 1910552.6350.002.100.701.40
USNYSE 2511607763.7548.132.110.761.36
JapanTOKYO 137955669.3458.952.220.921.31
CanadaTSX 69402257.9755.001.830.531.30
The World 1718110757264.4451.672.070.871.20
MexicoBMV 85462.5080.001.400.201.20
USPREFERRED 2216872.7350.001.380.311.06
ChinaSSE 222100.00100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
ArgentinaBUE 32266.67100.001.000.001.00
UAEUAE 111100.00100.001.000.001.00
UAEUAE 21150.00100.001.000.001.00
TaiwanGTSM 31133.33100.001.000.001.00
Vietnam HOSE 51120.00100.001.000.001.00
USAMEX 2015575.0033.331.600.870.73
FrancePARIS 63371958.7351.351.190.510.68
GermanyXETRA 95643267.3750.001.270.640.63
SwitzerlandSIX 40311277.5038.711.290.710.58
SingaporeSGX 32266.67100.000.500.000.50
AustraliaASX 2013865.0061.541.080.620.46
USNASDAQ 118662855.9342.421.851.520.33
TurkeyBIST 443100.0075.000.250.000.25
IsraelTASE 1000.000.000.000.000.00
IndonesiaIDX 21050.000.000.000.000.00
Greece ATHENS 221100.0050.000.500.500.00
DenmarkCOPENHAGEN 31033.330.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
BelgiumBRUSSELS 53260.0066.670.670.670.00
AustraliaASX 1000.000.000.000.000.00
EgyptEGX 1000.000.000.000.000.00
KuwaitKSE 21050.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
PakistanKSE 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
TaiwanTWSE 1510366.6730.000.400.60-0.20
ItalyBORSA 77522067.5338.460.731.17-0.44
Austria WIENERBORSE 32066.670.000.000.50-0.50
IndiaBSE 128566.6762.501.251.88-0.63
QatarQE 32066.670.000.001.00-1.00
UKLSE 21050.000.000.001.00-1.00
PhilippinesPSE 772100.0028.570.141.43-1.29
IndiaNSE 662100.0033.332.003.33-1.33
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 64166.6725.000.253.00-2.75
NorwayOSE 53160.0033.330.003.67-3.67
JordanASE 220100.000.000.004.50-4.50
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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