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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
JapanSAPPORO 129975.00100.009.330.009.33
ArgentinaBUE 26421215780.3074.064.750.174.58
TurkeyBIST 21917512179.9169.143.150.352.80
RussiaMICEX 22416710574.5562.872.660.442.22
PakistanKSE 34224015870.1865.832.000.201.80
MexicoBMV 25518411572.1662.501.660.301.36
JapanFUKUOKA 626559.6813.511.190.081.10
BrazilBOVESPA 2371709971.7358.241.410.391.01
ChileBCS 23417210673.5061.631.300.301.00
Austria WIENERBORSE 1541065368.8350.001.200.300.90
ItalyBORSA 1711195969.5949.581.180.310.87
FrancePARIS 1711195969.5949.581.180.310.87
SpainIBEX 1961317566.8457.
Greece ATHENS 1651155669.7048.701.130.310.82
GermanyXETRA 1621105667.9050.911.070.280.79
IsraelTASE 2001336866.5051.131.110.330.78
PortugalLISBON 1691145867.4650.881.060.290.77
NorwayOSE 25418710873.6257.751.010.270.73
BelgiumBRUSSELS 1711175968.4250.430.980.270.71
NetherlandsAMSTERDAM 1711175968.4250.430.980.270.71
UAEUAE 29119910968.3854.770.890.190.70
MalaysiaBURSA 2201548670.0055.840.970.270.70
IndonesiaIDX 2011438371.1458.040.940.240.70
Poland GPW 2201598572.2753.460.920.250.67
FOREXFOREX 41830516272.9753.111.010.340.67
ThailandSET 2431719770.3756.730.850.190.66
JapanTOKYO 2271629071.3755.560.900.240.66
OmanMSM 3225978.1336.001.681.040.64
PhilippinesPSE 2121588374.5352.530.820.190.63
UKLSE 2691929771.3850.520.880.270.61
SingaporeSGX 2391668869.4653.010.760.190.57
South KoreaKOSDAQ 23717310373.0059.540.870.300.57
Vietnam HOSE 2481829473.3951.650.770.210.56
Hong KongHKEX 24218410576.0357.070.730.170.56
SwitzerlandSIX 2321669371.5556.020.830.270.55
SwedenSTOCKHOLM 27720410873.6552.940.760.240.52
IndiaNSE 1801176765.0057.260.780.270.50
DenmarkCOPENHAGEN 2301587868.7049.370.750.250.49
CanadaTSX 2411629167.2256.170.730.250.48
TaiwanGTSM 1611075266.4648.600.630.210.42
ChinaSSE 2241718576.3449.710.700.290.40
BangladeshDSE 2811607056.9443.750.660.290.37
USFOREX 32923111970.2151.520.540.200.34
AustraliaASX 2561769668.7554.550.620.310.31
EgyptEGX 12876270.550.
ThailandSET 41367669.
Vietnam HOSE 28527474.
Austria WIENERBORSE 14638575.530.450.030.010.02
The World 5383848295471072.791.
KuwaitKSE 6636574.
TurkeyBIST 41179773.330.
DenmarkCOPENHAGEN 12704373.070.320.010.000.01
PakistanKSE 20112268.720.
BangladeshDSE 20723365.
UAEUAE 3952269.370.730.010.000.01
TaiwanGTSM 688710772.400.
IndonesiaIDX 30992265.
USNASDAQ 356707671.
IsraelTASE 56128571.
SwedenSTOCKHOLM 76545368.320.
NetherlandsAMSTERDAM 407110876.790.
TaiwanTWSE 107364273.430.
USAMEX 79161176.470.
ChinaSSE 214906573.990.
South KoreaKRX 126142271.
AustraliaASX 1114314970.930.
UKLSE 252811172.930.
USPREFERRED 44223269.610.
IndiaNSE 143396365.920.
USWARRANTS 4341161.980.370.000.000.00
FrancePARIS 1033212775.380.
USNYSE 5285810475.680.
GermanyXETRA 231533177.
Saudi ArabiaTADAWUL 18520071.380.
JordanASE 1610075.780.
NorwayOSE 23230069.650.
MalaysiaBURSA 35190069.910.
MexicoBMV 27740072.710.
JapanTOKYO 427483272.440.
CanadaCSE 7700065.970.
CanadaTSX-V 23920068.440.
BrazilBOVESPA 69250069.
BelgiumBRUSSELS 10580072.
ArgentinaBUE 24280074.590.
ChileBCS 5000068.400.
SwitzerlandSIX 67300077.
ChinaSZSE 263330074.430.
SpainIBEX 12100067.
Greece ATHENS 8370071.800.
USOTC PINK 156720070.
Vietnam HNX 8620072.740.
SingaporeSGX 15670071.980.
CanadaTSX 155616275.
PortugalLISBON 2599474.902.
ItalyBORSA 158985177.
IndiaBSE 210746163.580.
RussiaMICEX 21871066.990.
South KoreaKOSDAQ 126464170.
JapanNAGOYA 3236268.730.900.010.010.00
Hong KongHKEX 111927168.330.
Poland GPW 34902070.630.
PhilippinesPSE 13004269.460.220.010.02-0.01
QatarQE 3733072.920.000.000.01-0.01
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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