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 buying decisions.
Bullish Belt Hold is a single candlestick pattern, basically, a White Opening Marubozu that occurs in a downtrend. It opens on the low of the day, and then a rally begins during the day against the overall trend of the market, which eventually stops with a close near the high, leaving a small shadow on top of the candle. If longer bodies characterize the Belt Hold, then the resistance they offer against the trend will be even much stronger.
Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. The market gaps down and opens at its low, and closes near to the high of the day.
3. A long white body that has no lower shadow (a White Opening Marubozu) is observed.
Pattern Requirements and Flexibility
A White Opening Marubozu or a White Marubozu (with no upper or lower shadow) should be seen in a Bullish Belt Hold, and it should open lower than the two preceding black candlesticks.
Trader’s Behavior
The market opens lower with a significant gap in the direction of the prevailing downtrend. So, the first impression reflected in the opening price is the continuation of the downtrend. However, after the market opening, things change rapidly and the market moves in the opposite direction from there on. This causes much concern among the short traders, leading to the covering of many positions, which could reverse the direction of the trend and start a rally for the bulls.
Buy/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross above this level for confirmation.

The stop loss level is defined as the last low. 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 1/1/2014
Stock Exchange
Per Trade
Total Net%(Descending)
QatarQE 1110690.9160.0024.300.3024.00
USOTCBB 332100.0066.6715.671.0014.67
USWARRANTS 64366.6775.0015.753.0012.75
ChinaSZSE 55644731480.4070.2513.701.8411.86
PortugalLISBON 138661.5475.009.751.008.75
EgyptEGX 113875876.9966.679.280.768.52
South KoreaKOSDAQ 54239131872.1481.338.750.428.32
ChinaSSE 33327017281.0863.7010.081.808.28
DenmarkCOPENHAGEN 23221495.6563.648.730.957.77
TaiwanGTSM 53238528172.3772.998.170.577.60
UAEUAE 18141177.7878.578.140.647.50
TaiwanTWSE 75155141773.3775.687.810.497.33
USAMEX 137936367.8867.746.730.656.09
IndiaNSE 43528617365.7560.497.311.465.85
RussiaMICEX 73432758.9062.795.880.475.42
Saudi ArabiaTADAWUL 20115011074.6373.335.890.755.13
IndiaBSE 122179645865.1957.546.601.654.95
The World 125708912580870.9165.165.800.984.81
Hong KongHKEX 35624913869.9455.425.861.064.81
OmanMSM 74357.1475.005.500.754.75
South KoreaKRX 38627920972.5474.644.710.384.33
TurkeyBIST 130744756.9263.514.660.514.15
NorwayOSE 55321658.1850.
MalaysiaBURSA 54402574.0762.504.580.633.95
USOTC PINK 92462532867.7552.405.972.093.88
USNASDAQ 70848931669.0764.624.830.983.85
SpainIBEX 29171258.6270.594.410.653.76
Austria WIENERBORSE 554100.0080.003.600.203.40
CanadaTSX 50237625174.9066.763.960.653.30
JordanASE 86475.0066.674.671.503.17
CanadaTSX-V 1210683.3360.
UKLSE 66546728970.2361.883.670.832.83
JapanTOKYO 81059839273.8365.553.420.692.74
Greece ATHENS 2916955.1756.255.312.632.69
USPREFERRED 1881308969.1568.462.980.332.65
BrazilBOVESPA 47362476.6066.673.310.722.58
USNYSE 96670147272.5767.333.000.512.50
FrancePARIS 125825165.6062.202.890.462.43
MexicoBMV 71553977.4670.912.890.652.24
AustraliaASX 118815368.6465.432.860.672.20
JapanNAGOYA 87587.5071.432.430.432.00
ItalyBORSA 26519912175.0960.802.560.641.92
IndonesiaIDX 80502062.5040.003.281.441.84
ArgentinaBUE 2414758.3350.002.931.501.43
NetherlandsAMSTERDAM 56402671.4365.001.880.501.38
IsraelTASE 1421045673.2453.852.401.061.35
SwedenSTOCKHOLM 108714165.7457.752.611.321.28
GermanyXETRA 1981477974.2453.742.391.121.27
BelgiumBRUSSELS 85362.5060.001.600.401.20
SwitzerlandSIX 91593764.8462.711.640.511.14
SingaporeSGX 54371768.5245.951.861.220.65
JapanFUKUOKA 43275.0066.671.000.670.33
PeruBVL 1000.
UAEUAE 221100.0050.
KuwaitKSE 2915451.7226.672.602.93-0.33
CanadaCSE 110100.
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
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