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Candlesticker, BULLISH CONCEALING BABY SWALLOW PATTERN.

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INTRODUCTION

BASIC CANDLESTICKS

BULLISH PATTERNS

BEARISH PATTERNS

BULLISH CONCEALING BABY SWALLOW


Definition

This is a pattern formed by four black candlesticks. After two falling Black Marubozu days, a short down day
engulfed by a fourth black day shows that the downtrend has eroded significantly, despite the final close is at a
new low.

Recognition Criteria

1. Two falling Black Marubozu days at the beginning confirms the downtrend.
2. The third day is a short black with downside gap. However, this day trades into the previous days body,
producing a long upper shadow.

3. The fourth black day completely engulfs the third day including the shadow.
Pattern Requirements and Flexibility

The first two days of the Bullish Concealing Baby Swallow are types of Black Marubozu. The third day is a short
black candlestick with an upper shadow that extends into the previous days trading range. The fourth black day
makes a new low and engulfs the trading range of the third day completely.

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 patterns strength
and reliability and help you in your buying decisions.

Traders Behavior

Two black Marubozu show that downtrend is continuing to the satisfaction of the bears. On the third day, we see a
downward gap further confirming the downtrend. However, prices on the third day start going above the close of

the previous day causing some doubts about the bearish direction even though the day closes at or near its low.
The next day shows us a significantly higher gap in the opening. After the opening, however, prices again go down
closing at a new low. This last day may be interpreted as a good chance for the short-sellers to cover their short
positions. An upside reversal still requires confirmation with a white candlestick.
Buy/Stop Loss Levels

The confirmation level is defined as the midpoint of the previous short black body. Prices should cross above this
level for confirmation.
The stop loss level is defined as the lower of the last two lows. Following the BUY, if prices go down instead of

going up, and close or make two consecutive daily lows below the stop loss level, while no bearish pattern is
detected, then the stop loss is triggered.

Pattern Performance in Stock Exchanges since 1/1/2013


Patterns
Total

Confirmed
Total

Profitable
Signals

Confirmation
%

Profitable
Signal%

Stock Exchange

Website

Portugal

LISBON

Portuguesebulls

100.00

100.00

50.00

0.00

50.00

US

PREFERRED

Americanbulls

100.00

100.00

9.00

0.00

9.00

Japan

TOKYO

Japanesebulls

16.67

100.00

4.00

0.00

4.00

Hong Kong

HKEX

HongKongbulls

20.00

100.00

4.00

0.00

4.00

India

BSE

Hindustanbulls

45

12

10

26.67

83.33

4.00

0.83

3.17

France

PARIS

Francaisbulls

50.00

100.00

2.67

0.00

2.67

182

49

34

26.92

69.39

3.20

0.69

2.51

24

12.50

100.00

2.00

0.00

2.00

The World
India

NSE

Hindustanbulls

Profit%

Per Trade

Country

Loss%

Total Net%

Samples

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Candlesticker, BULLISH CONCEALING BABY SWALLOW PATTERN.

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US

OTC PINK

Americanbulls

UK

LSE

South Korea

http://www.candlesticker.com/Pattern.aspx?lang=en&Pattern=4102

50.00

100.00

2.00

0.00

2.00

Britishbulls

18

44.44

37.50

1.88

0.75

1.13

KOSDAQ

Koreanbulls

25.00

100.00

1.00

0.00

1.00

Germany

XETRA

Deutschebulls

33.33

50.00

1.00

0.50

0.50

Italy

BORSA

Italianbulls

57.14

75.00

1.00

0.50

0.50

Taiwan

GTSM

Taiwanesebulls

50.00

50.00

1.00

0.50

0.50

Taiwan

TWSE

Taiwanesebulls

0.00

0.00

0.00

0.00

0.00

Singapore

SGX

Singaporebulls

0.00

0.00

0.00

0.00

0.00

Russia

MICEX

Russianbulls

0.00

0.00

0.00

0.00

0.00

Malaysia

BURSA

Malaysianbulls

0.00

0.00

0.00

0.00

0.00

Mexico

BMV

Mexicanobulls

0.00

0.00

0.00

0.00

0.00

US

NYSE

Americanbulls

50.00

50.00

0.50

0.50

0.00

US

NASDAQ

Americanbulls

50.00

100.00

0.00

0.00

0.00

Israel

TASE

Israelibulls

0.00

0.00

0.00

0.00

0.00

Indonesia

IDX

Indonesianbulls

0.00

0.00

0.00

0.00

0.00

South Korea

KRX

Koreanbulls

0.00

0.00

0.00

0.00

0.00

China

SZSE

Chinesebulls

0.00

0.00

0.00

0.00

0.00

Canada

TSX

Canadabulls

0.00

0.00

0.00

0.00

0.00

Canada

TSX-V

Canadabulls

0.00

0.00

0.00

0.00

0.00

Australia

ASX

Aussiebulls

33.33

100.00

0.00

0.00

0.00

Greece

ATHENS

Greecebulls

0.00

0.00

0.00

0.00

0.00

Spain

IBEX

Espanolbulls

0.00

0.00

0.00

0.00

0.00

Norway

OSE

Norskbulls

50.00

0.00

0.00

1.00

-1.00

Sweden

STOCKHOLM

Swedishbulls

25.00

0.00

0.00

1.00

-1.00

Brazil

BOVESPA

Brasilbulls

33.33

0.00

0.00

5.50

-5.50

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 ProfitsTotal 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

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Candlesticker, BULLISH CONCEALING BABY SWALLOW PATTERN.

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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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receive compensation by any direct or indirect means from the visitors and users of this website (or of any other bulls.com family websites), and from the stocks, securities and other institutions or
any underwriters or dealers associated with the broader national or international forex, commodity and stock markets.

You agree that Candlesticker.com and Americanbulls.com LLC its parent company, subsidiaries, affiliates, officers and employees shall not be liable for any direct, indirect, incidental, special or
consequential damages.

26-Jun-16 2:00 PM

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