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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
JapanNAGOYA 32266.67100.007.500.007.50
Hong KongHKEX 26221284.6254.555.591.324.27
SpainIBEX 65483.3380.004.400.204.20
RussiaMICEX 111100.00100.004.000.004.00
SwedenSTOCKHOLM 30201266.6760.004.400.553.85
ChinaSSE 74452560.8155.565.161.403.76
South KoreaKOSDAQ 33241672.7366.674.291.213.08
USOTC PINK 66462771.2157.454.831.813.02
Poland GPW 107570.0071.433.430.572.86
ThailandSET 126450.0066.673.000.172.83
ChinaSZSE 102522850.9853.854.041.422.62
Saudi ArabiaTADAWUL 139769.2377.782.440.112.33
Vietnam HNX 111100.00100.002.000.002.00
JordanASE 21150.00100.002.000.002.00
TurkeyBIST 75471.4380.001.800.001.80
SingaporeSGX 84250.0050.002.000.251.75
USPREFERRED 31191061.2952.631.840.261.58
CanadaTSX 115774666.9659.742.030.521.51
BangladeshDSE 137553.8571.431.710.291.43
MexicoBMV 1310776.9270.002.601.201.40
JapanTOKYO 1851347572.4355.972.040.781.26
USNASDAQ 1771115562.7149.552.451.221.23
MalaysiaBURSA 1410571.4350.002.100.901.20
The World 2565170985566.6750.002.000.861.13
PhilippinesPSE 783114.2937.502.251.131.13
GermanyXETRA 128884468.7550.001.640.601.03
FrancePARIS 96583060.4251.721.550.531.02
USNYSE 3522199962.2245.211.800.791.01
ArgentinaBUE 32266.67100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
ChinaSSE 222100.00100.001.000.001.00
UAEUAE 111100.00100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
RussiaMICEX 1510566.6750.001.500.501.00
South KoreaKRX 78571973.0833.331.700.750.95
BelgiumBRUSSELS 106460.0066.671.500.670.83
AustraliaASX 30191363.3368.421.260.470.79
UKLSE 116864074.1446.511.721.000.72
SwitzerlandSIX 52371671.1543.241.430.730.70
Vietnam HOSE 62233.33100.000.500.000.50
KuwaitKSE 221100.0050.001.000.500.50
SingaporeSGX 32266.67100.000.500.000.50
TaiwanGTSM 32166.6750.001.000.500.50
USAMEX 2620776.9235.001.350.900.45
Austria WIENERBORSE 108280.0025.001.250.880.38
ItalyBORSA 95672770.5340.301.461.090.37
TaiwanTWSE 35251371.4352.001.521.160.36
IndiaBSE 1811761.1163.641.361.270.09
PakistanKSE 1000.000.000.000.000.00
EgyptEGX 1000.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
DenmarkCOPENHAGEN 110100.000.000.000.000.00
DenmarkCOPENHAGEN 41025.000.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
IndonesiaIDX 21050.000.000.000.000.00
Greece ATHENS 32166.6750.000.500.500.00
IsraelTASE 1000.000.000.000.000.00
IndiaNSE 552100.0040.002.402.60-0.20
UAEUAE 442100.0050.000.751.25-0.50
NetherlandsAMSTERDAM 2514456.0028.570.290.93-0.64
BrazilBOVESPA 2317673.9135.290.471.41-0.94
UKLSE 21050.000.000.001.00-1.00
QatarQE 32066.670.000.001.00-1.00
CanadaTSX-V 553100.0060.002.003.20-1.20
ArgentinaBUE 54080.000.000.001.50-1.50
BrazilBOVESPA 21050.000.000.002.00-2.00
IsraelTASE 105250.0040.000.202.40-2.20
IndonesiaIDX 84050.000.000.002.75-2.75
PortugalLISBON 21050.000.000.003.00-3.00
NorwayOSE 21050.000.000.003.00-3.00
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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