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 1/1/2015
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
Vietnam HOSE 31133.33100.0013.000.0013.00
USWARRANTS 21150.00100.009.000.009.00
JapanNAGOYA 32266.67100.007.500.007.50
South KoreaKOSDAQ 22141063.6471.436.070.715.36
ChinaSSE 59362161.0258.335.971.364.61
SpainIBEX 65483.3380.004.400.204.20
South KoreaKRX 33171151.5264.714.590.474.12
RussiaMICEX 111100.00100.004.000.004.00
ThailandSET 94344.4475.004.000.253.75
Poland GPW 118672.7375.004.250.503.75
Hong KongHKEX 1512680.0050.004.581.583.00
TurkeyBIST 65383.3360.003.000.003.00
ChinaSZSE 69361752.1747.224.531.832.69
USOTC PINK 50352270.0062.864.661.972.69
SwedenSTOCKHOLM 22151068.1866.673.130.532.60
SingaporeSGX 73142.8633.332.670.332.33
RussiaMICEX 128466.6750.002.500.382.13
Vietnam HNX 111100.00100.002.000.002.00
Saudi ArabiaTADAWUL 85362.5060.002.200.202.00
USPREFERRED 27171262.9670.592.120.181.94
USAMEX 1411478.5736.362.821.001.82
JapanTOKYO 132945671.2159.572.390.611.79
MalaysiaBURSA 128466.6750.002.631.001.63
CanadaTSX 91643770.3357.812.110.611.50
UKLSE 75522369.3344.232.521.021.50
USNASDAQ 139914665.4750.552.621.211.41
MexicoBMV 1310776.9270.002.601.201.40
The World 1844121462465.8451.402.270.871.40
BelgiumBRUSSELS 74357.1475.001.750.501.25
BangladeshDSE 84250.0050.001.750.501.25
FrancePARIS 63392461.9061.541.640.411.23
GermanyXETRA 102733571.5747.951.770.561.21
AustraliaASX 2314960.8764.291.430.361.07
UAEUAE 111100.00100.001.000.001.00
JapanTOKYO 111100.00100.001.000.001.00
Hong KongHKEX 111100.00100.001.000.001.00
ChinaSSE 222100.00100.001.000.001.00
ArgentinaBUE 32266.67100.001.000.001.00
ArgentinaBUE 54180.0025.002.251.251.00
USNYSE 2691727363.9442.441.780.830.96
SwitzerlandSIX 44301568.1850.001.330.500.83
ItalyBORSA 71512371.8345.101.861.160.71
TaiwanTWSE 26191073.0852.631.370.740.63
Austria WIENERBORSE 54180.0025.001.751.250.50
IndiaNSE 442100.0050.003.002.500.50
SingaporeSGX 32266.67100.000.500.000.50
UAEUAE 442100.0050.001.251.250.00
EgyptEGX 1000.000.000.000.000.00
Vietnam HOSE 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
TaiwanGTSM 1000.000.000.000.000.00
PakistanKSE 1000.000.000.000.000.00
IndonesiaIDX 21050.000.000.000.000.00
JapanFUKUOKA 1000.000.000.000.000.00
DenmarkCOPENHAGEN 31033.330.000.000.000.00
SwitzerlandSIX 110100.000.000.000.000.00
BrazilBOVESPA 1000.000.000.000.000.00
AustraliaASX 1000.000.000.000.000.00
PhilippinesPSE 552100.0040.000.400.60-0.20
NetherlandsAMSTERDAM 2112457.1433.330.330.67-0.33
BrazilBOVESPA 1611568.7545.450.450.82-0.36
UKLSE 21050.000.000.001.00-1.00
QatarQE 32066.670.000.001.00-1.00
Greece ATHENS 110100.000.000.001.00-1.00
IndiaBSE 126350.0050.000.832.00-1.17
IndonesiaIDX 95155.5620.000.402.20-1.80
PortugalLISBON 21050.000.000.003.00-3.00
CanadaTSX-V 331100.0033.331.335.33-4.00
IsraelTASE 53060.000.000.004.00-4.00
NorwayOSE 220100.000.000.005.00-5.00
JordanASE 21050.000.000.009.00-9.00
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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