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 decisions.
This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bearish patterns. The conditions for the activation of the Bullish stop loss are two consecutive highs or a close above the stop loss level of a recently confirmed bearish pattern.
Recognition Criteria
1. A bearish pattern is detected, and its confirmation and stop loss levels are established.
2. The pattern, then, is confirmed and a SELL or SHORT signal is issued.
3. Prices either close once above the stop loss level, or test highs above the stop loss level in two consecutive days.
4. The Bullish stop loss is triggered.
Pattern Requirements and Flexibility
All bearish candlesticks are accompanied by a specific stop loss level, which becomes active when the pattern is confirmed. A bearish confirmation consequently may lead to a bearish signal such as a SELL or SHORT signal. 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. Once triggered, the stop loss level of the recently confirmed bearish pattern starts acting as the confirmation level of a bullish pattern itself. The system then seeks a bullish confirmation to issue a BUY signal. Prices must cross above the stop loss level for the bullish confirmation of the triggered stop loss.
Trader’s Behavior
In the chaotic environment of the stock market, it is hard to claim that all bearish bets will be successful. Most bearish bets based on confirmed candlestick patterns will be profitable though. However, some candlestick patterns may lead to false trades, some of which are bear traps. This is exactly where the stop loss comes into the picture. It serves as a safety valve for the bears cutting the potentially devastating losses to a minimum level. According to the statistics, the trades based on the Bullish stop loss confirmations are as successful as the other candlestick pattern based signals. If confirmed, they should never be avoided.
Buy/Stop Loss Levels
The confirmation level is defined as the stop loss level of the recently confirmed bearish candlestick pattern. Prices should cross above this level for confirmation of the Bullish stop loss.
Pattern Performance in Stock Exchanges since 1/1/2018
Stock Exchange 
Per Trade 
Total Net% Descending
USWARRANTS 98704071.4357.1431.532.7328.80
CanadaCSE 55536619767.7552.3916.453.0313.41
JapanSAPPORO 129975.00100.009.330.009.33
TurkeyBIST 34232402154270.1764.208.310.877.44
ArgentinaBUE 87665542274.7764.436.981.165.82
CanadaTSX-V 2086145669969.8048.018.362.985.38
Poland GPW 30692223126172.4356.736.591.255.34
IndonesiaIDX 2274150582466.1854.756.391.175.22
USOTC PINK 1824913042601571.4946.117.572.465.11
EgyptEGX 129193751472.5854.866.021.274.75
Vietnam HNX 56140724072.5558.976.001.274.73
PakistanKSE 2081147385570.7858.045.591.154.44
ArgentinaBUE 17013510079.4174.074.560.164.40
JapanNAGOYA 35124513569.8055.105.180.844.34
South KoreaKOSDAQ 111667819432870.0755.325.311.154.16
IndiaNSE 136749168525367.0557.305.071.064.01
IndiaBSE 1912412359677564.6354.825.281.313.97
NorwayOSE 1907137375672.0055.
SwedenSTOCKHOLM 68484774274969.8057.514.951.063.90
PhilippinesPSE 128186744967.6851.794.841.053.79
Hong KongHKEX 113387917424469.8353.615.001.283.73
BrazilBOVESPA 45273325199573.4759.984.300.853.45
USNASDAQ 31888228161257271.5755.084.571.123.45
Vietnam HOSE 2424175898472.5255.974.350.983.36
BangladeshDSE 2181144276566.1253.054.461.113.35
MalaysiaBURSA 32562258111569.3549.384.531.283.26
TaiwanGTSM 60364217237169.8656.224.080.833.25
Greece ATHENS 68251126174.9351.084.531.303.22
RussiaMICEX 2054141174368.7052.663.880.902.98
Saudi ArabiaTADAWUL 1776128776772.4759.603.640.682.96
KuwaitKSE 52639020274.1451.794.081.162.92
IsraelTASE 37652667153370.8457.483.770.872.90
ThailandSET 35422463127369.5451.683.861.002.85
JordanASE 1621205474.0745.
DenmarkCOPENHAGEN 117185848673.2756.643.470.812.66
South KoreaKRX 111137904432771.1754.713.510.852.65
SpainIBEX 127189350770.2656.773.510.872.64
TaiwanTWSE 95506951392372.7956.443.340.742.60
ChinaSZSE 2186316687887076.3353.163.711.192.52
The World 49116336038219513873.3954.133.440.932.51
UAEUAE 34925012471.6349.603.521.042.47
Austria WIENERBORSE 51638722775.0058.663.330.882.45
AustraliaASX 96627063349873.1049.533.401.132.27
MexicoBMV 2276164187172.1053.083.130.902.23
JapanTOKYO 41804308851658873.8853.713.160.972.19
ChileBCS 49733419567.2058.382.810.632.18
ChinaSSE 1610712114632375.2152.
USAMEX 55594131216274.3152.343.070.902.17
UKLSE 2261716558904073.2954.542.720.751.97
TurkeyBIST 1571259079.6272.002.290.331.96
PortugalLISBON 2691949972.1251.032.850.911.93
CanadaTSX 1521411477601175.4452.372.630.741.89
FrancePARIS 98447494422276.1356.342.340.631.71
QatarQE 32824712175.3048.992.490.831.66
MexicoBMV 20315310275.3766.671.900.271.63
RussiaMICEX 1771327974.5859.852.050.481.58
BelgiumBRUSSELS 106778440273.4851.282.390.821.57
USNYSE 47482356981907675.2253.412.270.731.54
SingaporeSGX 1567115651673.7744.642.521.001.52
GermanyXETRA 1819014032766677.2054.591.900.581.32
ItalyBORSA 1322810142533376.7552.531.970.671.29
BrazilBOVESPA 1741298074.1462.021.610.331.28
PakistanKSE 2291569668.1261.541.410.191.22
NetherlandsAMSTERDAM 36272797150877.1253.911.660.551.12
ChileBCS 1651167270.3062.
SwitzerlandSIX 60094652244177.4252.471.560.580.98
ItalyBORSA 121854370.2550.591.290.320.98
FrancePARIS 121854370.2550.591.290.320.98
Austria WIENERBORSE 112794070.5450.631.280.300.97
JapanFUKUOKA 66452368.1851.112.761.800.96
Greece ATHENS 121854270.2549.411.220.320.91
UAEUAE 2031377867.4956.931.090.180.91
GermanyXETRA 114784168.4252.561.170.280.88
PortugalLISBON 122844468.8552.381.170.310.86
SpainIBEX 141955467.3856.841.070.250.82
NetherlandsAMSTERDAM 124864569.3552.331.070.270.80
BelgiumBRUSSELS 124864569.3552.331.070.270.80
FOREXFOREX 31223512175.3251.491.160.370.78
IsraelTASE 143924864.3452.
IndonesiaIDX 132986074.2461.220.960.180.78
MalaysiaBURSA 1611176872.6758.
USPREFERRED 47213328152170.4945.701.180.440.74
Poland GPW 1601186373.7553.390.900.200.69
SwitzerlandSIX 1841317671.2058.020.940.250.69
NorwayOSE 1711287474.8557.810.950.280.66
Hong KongHKEX 1621237375.9359.350.810.150.66
OmanMSM 3225978.1336.001.681.040.64
PhilippinesPSE 1541186476.6254.240.780.140.64
Vietnam HOSE 1881377872.8756.930.820.190.64
UKLSE 2021437770.7953.850.900.270.62
ThailandSET 1701176268.8252.990.780.160.62
SwedenSTOCKHOLM 1971467974.1154.110.820.230.60
IndiaNSE 134864864.1855.810.850.260.59
South KoreaKOSDAQ 1591167672.9665.520.770.200.57
CanadaTSX 1731146165.9053.510.810.270.54
SingaporeSGX 1841307070.6553.850.730.210.52
DenmarkCOPENHAGEN 1741175867.2449.570.750.250.50
JapanTOKYO 1591126270.4455.360.720.220.50
ChinaSSE 1651246475.1551.610.690.240.45
USFOREX 2521789570.6353.370.580.170.41
TaiwanGTSM 109743767.8950.000.590.200.39
BangladeshDSE 172914452.9148.350.550.220.33
AustraliaASX 1711135666.0849.560.650.370.27
USOTCBB 115145.4520.001.403.40-2.00
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


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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