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 1/1/2021
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
IndonesiaIDX 42150.0050.0011.751.799.95
MexicoBMV 1711964.7181.829.900.539.36
BelgiumBRUSSELS 137453.8557.147.390.716.68
BangladeshDSE 43275.0066.676.360.945.42
SpainIBEX 95555.56100.005.050.005.05
SingaporeSGX 62233.33100.004.830.004.83
CanadaCSE 43175.0033.336.091.324.77
MalaysiaBURSA 1611468.7536.365.451.064.38
CanadaTSX-V 86275.0033.339.174.894.28
RussiaMICEX 111100.00100.004.000.004.00
USOTC PINK 96603163.5450.825.291.353.94
PhilippinesPSE 53160.0033.335.472.213.26
PakistanKSE 21150.00100.003.000.003.00
USNASDAQ 26319211273.0058.334.071.202.87
SwedenSTOCKHOLM 45302066.6766.673.871.052.82
South KoreaKOSDAQ 55362165.4558.333.891.142.75
Saudi ArabiaTADAWUL 148657.1475.002.860.312.54
ChinaSZSE 226914940.2753.853.631.102.53
AustraliaASX 48311764.5854.844.291.812.48
TaiwanTWSE 48332068.7560.613.160.752.41
JordanASE 111100.00100.002.410.002.41
BrazilBOVESPA 62492579.0351.024.131.832.30
SwitzerlandSIX 53401775.4742.503.481.242.24
ThailandSET 116454.5566.672.450.252.21
FrancePARIS 125703456.0048.572.920.722.20
NetherlandsAMSTERDAM 43281665.1257.142.880.832.05
USNYSE 47730815764.5750.972.610.801.81
USAMEX 78451857.6940.002.430.701.74
The World 41262608131064.2549.422.530.961.57
Hong KongHKEX 222100.00100.001.500.001.50
Austria WIENERBORSE 41281068.2935.712.781.331.45
JapanTOKYO 33824112671.3052.282.511.091.43
South KoreaKRX 94733177.6642.471.980.621.36
TaiwanGTSM 1514793.3350.002.451.111.33
TurkeyBIST 87587.5071.432.771.461.31
UKLSE 2221628672.9753.092.210.911.30
NorwayOSE 1310676.9260.002.060.761.30
Hong KongHKEX 49341769.3950.002.070.921.15
ChinaSSE 163803449.0842.502.481.411.07
Poland GPW 1510666.6760.001.840.831.02
ArgentinaBUE 32266.67100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
ChinaSSE 32266.67100.001.000.001.00
UAEUAE 111100.00100.001.000.001.00
GermanyXETRA 3302228867.2739.641.771.000.78
ChileBCS 87487.5057.141.630.930.71
CanadaTSX 150934062.0043.011.651.130.52
SingaporeSGX 32266.67100.000.500.000.50
IndiaNSE 65283.3340.001.281.060.22
UAEUAE 221100.0050.000.530.450.08
IsraelTASE 2718666.6733.331.301.270.04
ItalyBORSA 146994167.8141.411.191.160.03
Vietnam HNX 1000.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
USPREFERRED 440075.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.000.000.00
RussiaMICEX 150060.000.000.000.000.00
ThailandSET 1000.000.000.000.000.00
MalaysiaBURSA 21050.000.000.000.000.00
NorwayOSE 1000.000.000.000.000.00
PhilippinesPSE 1000.000.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
FOREXFOREX 1000.000.000.000.000.00
ChileBCS 1000.000.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
IndonesiaIDX 32066.670.000.000.000.00
IsraelTASE 1000.000.000.000.000.00
DenmarkCOPENHAGEN 110100.000.000.000.000.00
Vietnam HOSE 774100.0057.141.021.23-0.21
IndiaBSE 2113661.9046.151.151.41-0.26
Greece ATHENS 54280.0050.000.630.92-0.29
PakistanKSE 31033.330.000.000.62-0.62
UKLSE 21050.000.000.001.00-1.00
DenmarkCOPENHAGEN 71014.290.000.001.11-1.11
QatarQE 42050.000.000.001.27-1.27
ArgentinaBUE 85262.5040.000.462.22-1.76
BrazilBOVESPA 21050.000.000.002.00-2.00
KuwaitKSE 221100.0050.000.023.19-3.17
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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