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.
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.
Pattern Performance in Stock Exchanges since 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
FOREXFOREX 111100.00100.
RussiaMICEX 111100.00100.
PakistanKSE 21150.00100.
JapanTOKYO 111100.00100.
Hong KongHKEX 111100.00100.
ChinaSSE 222100.00100.
ArgentinaBUE 32266.67100.
UAEUAE 111100.00100.
SingaporeSGX 32266.67100.000.500.000.50
The World 3312332165.280.970.020.000.02
ChileBCS 1000.
ChileBCS 60083.330.
SwitzerlandSIX 400072.500.
SwitzerlandSIX 110100.
CanadaTSX 1260059.520.
CanadaCSE 40075.
CanadaTSX-V 90088.890.
BrazilBOVESPA 480077.
BelgiumBRUSSELS 80050.
BangladeshDSE 40075.
AustraliaASX 1000.
AustraliaASX 440056.820.
Austria WIENERBORSE 290072.410.
Greece ATHENS 50080.
FrancePARIS 1140058.770.
SpainIBEX 80062.500.
DenmarkCOPENHAGEN 110100.
DenmarkCOPENHAGEN 50040.
GermanyXETRA 2320069.830.
ChinaSZSE 1290055.810.
ChinaSSE 980061.
ItalyBORSA 990068.690.
IndiaNSE 300100.
IndiaBSE 170058.820.
IsraelTASE 150066.670.
IsraelTASE 1000.
IndonesiaIDX 60033.330.
IndonesiaIDX 32066.670.
Hong KongHKEX 360069.440.
ArgentinaBUE 230060.870.
PhilippinesPSE 70085.710.
PhilippinesPSE 1000.
JordanASE 20050.
South KoreaKOSDAQ 470065.960.
South KoreaKRX 880079.550.
JapanTOKYO 2730072.530.
NorwayOSE 80062.500.
NetherlandsAMSTERDAM 260069.
MalaysiaBURSA 21050.
MalaysiaBURSA 130069.
MexicoBMV 150066.670.
UAEUAE 200100.
Saudi ArabiaTADAWUL 130061.540.
QatarQE 30033.330.
KuwaitKSE 30066.670.
Vietnam HOSE 80062.500.
Vietnam HNX 1000.
Vietnam HOSE 1000.
USOTC PINK 610057.380.
USNYSE 4280062.850.
USNASDAQ 2310072.
USAMEX 700052.860.
UKLSE 1740075.
TaiwanGTSM 1200100.
TaiwanTWSE 390069.
TaiwanGTSM 1000.
TurkeyBIST 80075.
ThailandSET 110054.550.
ThailandSET 1000.
SingaporeSGX 50060.
SwedenSTOCKHOLM 370056.760.
SwedenSTOCKHOLM 110100.
RussiaMICEX 160056.
Poland GPW 60083.330.
PakistanKSE 1000.
UKLSE 21050.
BrazilBOVESPA 21050.
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© family websites


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