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 1/1/2019
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
FOREXFOREX 111100.00100.007.000.007.00
RussiaMICEX 111100.00100.004.000.004.00
PakistanKSE 21150.00100.003.000.003.00
Hong KongHKEX 111100.00100.001.000.001.00
ChinaSSE 222100.00100.001.000.001.00
ArgentinaBUE 32266.67100.001.000.001.00
UAEUAE 111100.00100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
SingaporeSGX 32266.67100.000.500.000.50
The World 3487362164.930.930.020.000.02
ChileBCS 1000.000.000.000.000.00
ChileBCS 50080.000.000.000.000.00
SwitzerlandSIX 500074.000.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
CanadaTSX 1260058.730.000.000.000.00
CanadaCSE 400100.000.000.000.000.00
CanadaTSX-V 1000100.000.000.000.000.00
BrazilBOVESPA 460078.260.000.000.000.00
BelgiumBRUSSELS 60066.670.000.000.000.00
BangladeshDSE 70085.710.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
AustraliaASX 390064.100.000.000.000.00
Austria WIENERBORSE 270074.070.000.000.000.00
Greece ATHENS 60083.330.000.000.000.00
FrancePARIS 1140059.650.000.000.000.00
SpainIBEX 90077.780.000.000.000.00
DenmarkCOPENHAGEN 110100.000.000.000.000.00
DenmarkCOPENHAGEN 80037.500.000.000.000.00
GermanyXETRA 2080061.540.000.000.000.00
ChinaSZSE 1380052.170.000.000.000.00
ChinaSSE 1070059.810.000.000.000.00
ItalyBORSA 1090059.630.000.000.000.00
IndiaNSE 500100.000.000.000.000.00
IndiaBSE 150060.000.000.000.000.00
IsraelTASE 160056.250.000.000.000.00
IsraelTASE 1000.000.000.000.000.00
IndonesiaIDX 70057.140.000.000.000.00
IndonesiaIDX 32066.670.000.000.000.00
Hong KongHKEX 380065.790.000.000.000.00
JordanASE 30066.670.000.000.000.00
South KoreaKOSDAQ 440068.180.000.000.000.00
South KoreaKRX 800077.500.000.000.000.00
JapanTOKYO 2790071.330.000.000.000.00
ArgentinaBUE 200050.000.000.000.000.00
JapanNAGOYA 300100.000.000.000.000.00
NorwayOSE 70085.710.000.000.000.00
NetherlandsAMSTERDAM 320056.250.000.000.000.00
MalaysiaBURSA 21050.000.000.000.000.00
MalaysiaBURSA 160062.500.000.000.000.00
MexicoBMV 180072.220.000.000.000.00
UAEUAE 100100.000.000.000.000.00
Saudi ArabiaTADAWUL 160068.750.000.000.000.00
QatarQE 30033.330.000.000.000.00
KuwaitKSE 300100.000.000.000.000.00
SwedenSTOCKHOLM 370067.570.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.000.000.00
RussiaMICEX 190057.890.000.000.000.00
PortugalLISBON 100100.000.000.000.000.00
Poland GPW 100060.000.000.000.000.00
PhilippinesPSE 70085.710.000.000.000.00
PhilippinesPSE 1000.000.000.000.000.00
TaiwanGTSM 120091.670.000.000.000.00
TaiwanTWSE 390069.230.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
TurkeyBIST 70085.710.000.000.000.00
ThailandSET 150046.670.000.000.000.00
ThailandSET 1000.000.000.000.000.00
SingaporeSGX 40050.000.000.000.000.00
Vietnam HOSE 60066.670.000.000.000.00
Vietnam HNX 1000.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
USPREFERRED 450075.560.000.000.000.00
USOTC PINK 800065.000.000.000.000.00
USNYSE 4120062.860.000.000.000.00
USNASDAQ 2210070.140.000.000.000.00
USAMEX 720061.110.000.000.000.00
UKLSE 1560073.080.000.000.000.00
UKLSE 21050.000.000.001.00-1.00
BrazilBOVESPA 21050.000.000.002.00-2.00
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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