BEARISH DESCENDING HAWK
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 DESCENDING HAWK
Definition
This pattern is a small white body contained by a prior relatively long white body. It resembles the Harami pattern, except that both bodies are white.
Recognition Criteria
1. The market is characterized by a prevailing uptrend.
2. A white body is observed on the first day.
3. On the second day, we again see a white body which is completely engulfed by the body of the first day.
Pattern Requirements and Flexibility
The Bearish Descending hawk consists of two white candlesticks, in which the first day’s white body engulfs the following white body. The first one has to be a normal or long white candlestick. Either the body tops or the body bottoms of the two candlesticks may be at the same level, but whatever the case, the body of the second day should be smaller than the first.
Trader’s Behavior
This pattern is a signal of disparity. In a market characterized by uptrend, we first see heavy buying indicated by the white body of the first day. However, a smaller body that appears on the second day points to the diminished power and enthusiasm of the buyers thus suggesting a trend reversal.
Sell/Stop Loss Levels
The confirmation level is defined as the last close or the midpoint of the previous white body, whichever is lower. Prices should cross below this level for confirmation.

The stop loss level is defined as the higher of the last two highs. 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 1/1/2014
Country
Stock Exchange
Website
Patterns
Total
Confirmed
Total
Profitable
Signals
Confirmation
%
Profitable
Signal%
Per Trade
Samples
Profit%
Loss%
Total Net%(Descending)
USOTCBB 25201280.0060.0011.801.4010.40
IndiaNSE 32266.67100.007.000.007.00
CanadaCSE 31211667.7476.198.481.487.00
Saudi ArabiaTADAWUL 49326319853.3575.294.070.393.68
USOTC PINK 73614519255361.4556.445.491.813.68
South KoreaKOSDAQ 32201796115455.8764.154.201.033.17
PortugalLISBON 1881066056.3856.603.950.803.15
ChinaSZSE 80074189251152.3259.944.341.203.14
QatarQE 30815410350.0066.883.490.373.12
EgyptEGX 39824116160.5566.804.111.083.03
TurkeyBIST 62133.3350.003.500.503.00
OmanMSM 1510666.6760.004.401.403.00
IndonesiaIDX 62635219656.2355.683.951.012.94
ChinaSSE 63413358201252.9659.923.931.002.92
Hong KongHKEX 57463187179955.4656.453.951.202.75
CanadaTSX-V 64642422165.6352.125.372.682.69
USAMEX 1810103557757.1855.753.520.962.56
ArgentinaBUE 140764754.2961.843.781.262.51
USNASDAQ 126746962412954.9359.313.410.892.51
JapanSAPPORO 52240.00100.002.500.002.50
TaiwanGTSM 2208124370956.3057.043.240.822.42
Poland GPW 133571642653.6359.503.531.112.42
Greece ATHENS 44822611950.4552.653.501.222.28
South KoreaKRX 38402094130554.5362.322.930.732.20
USWARRANTS 102613659.8059.023.511.382.13
JapanFUKUOKA 2211950.0081.822.180.182.00
IndiaNSE 47592566147353.9857.343.291.292.00
The World 176261967575383354.9155.622.960.962.00
PhilippinesPSE 47425514354.4355.432.870.931.94
TurkeyBIST 52628715154.5652.612.760.831.94
BrazilBOVESPA 130471241954.6058.852.890.961.93
CanadaTSX 64753581196955.3154.982.600.691.91
IsraelTASE 86844126650.8160.323.131.231.90
TaiwanTWSE 2765149086453.8957.992.490.621.87
JapanTOKYO 168819146510254.1855.782.740.911.84
IndiaBSE 93655131283654.7955.273.461.701.76
SwitzerlandSIX 84250.0050.001.750.001.75
USNYSE 2051711548644356.3355.742.320.631.70
ItalyBORSA 45862521137854.9754.662.440.811.63
UAEUAE 2271466864.3246.582.540.931.61
SpainIBEX 59131217052.7954.492.380.781.61
NorwayOSE 56930815454.1350.003.221.621.60
IsraelTASE 85462.5080.001.800.201.60
AustraliaASX 2758159380457.7650.472.500.931.57
DenmarkCOPENHAGEN 50126613153.0949.252.510.951.56
JapanNAGOYA 138814058.7049.382.170.621.56
JordanASE 143955566.4357.892.601.071.53
UKLSE 99075093269951.4152.992.370.861.51
MalaysiaBURSA 170698347457.6248.222.300.901.40
PakistanKSE 98556830957.6654.402.681.301.39
BelgiumBRUSSELS 56531218455.2258.971.980.611.38
SwedenSTOCKHOLM 179996649453.7051.142.601.241.36
FrancePARIS 3055158680151.9150.502.020.761.26
RussiaMICEX 75142122956.0654.392.491.241.25
RussiaMICEX 64466.67100.001.250.001.25
GermanyXETRA 51332831146855.1751.841.900.731.17
BangladeshDSE 153383342854.3451.382.241.101.15
ChileBCS 169756.2577.781.220.111.11
Austria WIENERBORSE 39719511249.1257.441.620.511.11
Vietnam HOSE 73739920354.1450.882.151.081.07
Vietnam HNX 4372299552.4041.482.381.311.07
ThailandSET 76442420855.5049.062.271.221.05
NetherlandsAMSTERDAM 108158927854.4947.201.600.581.03
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
MalaysiaBURSA 53260.0066.671.330.331.00
SingaporeSGX 77642719455.0345.431.940.960.97
MexicoBMV 73039121853.5655.751.690.740.95
KuwaitKSE 149863357.7238.372.551.700.85
SwitzerlandSIX 2560139865654.6146.921.360.550.81
AustraliaASX 87387.5042.860.570.000.57
MexicoBMV 54380.0075.000.500.000.50
USPREFERRED 3349178380453.2445.090.780.320.45
PakistanKSE 127558.3371.430.710.290.43
USFOREX 3019863.3342.110.470.050.42
PhilippinesPSE 2511644.0054.550.180.000.18
PeruBVL 156340.0050.000.330.170.17
UAEUAE 137353.8542.860.140.000.14
ChinaSSE 108580.0062.500.130.000.13
Vietnam HOSE 126350.0050.000.500.500.00
PortugalLISBON 31033.330.000.000.000.00
Poland GPW 52140.0050.000.000.000.00
ThailandSET 41025.000.000.000.000.00
ItalyBORSA 31033.330.000.000.000.00
South KoreaKOSDAQ 4000.000.000.000.000.00
NorwayOSE 92122.2250.000.000.000.00
NetherlandsAMSTERDAM 31033.330.000.000.000.00
BelgiumBRUSSELS 31033.330.000.000.000.00
Austria WIENERBORSE 31033.330.000.000.000.00
ArgentinaBUE 139569.2355.560.330.330.00
FOREXFOREX 83237.5066.670.670.670.00
BangladeshDSE 154126.6725.000.000.000.00
Greece ATHENS 31033.330.000.000.000.00
FrancePARIS 31033.330.000.000.000.00
SpainIBEX 41025.000.000.000.000.00
GermanyXETRA 31033.330.000.000.000.00
ChileBCS 3000.000.000.000.000.00
TaiwanGTSM 117463.6457.140.290.43-0.14
SwedenSTOCKHOLM 64166.6725.000.000.25-0.25
IndonesiaIDX 2511344.0027.270.090.45-0.36
CanadaTSX 32066.670.000.000.50-0.50
SingaporeSGX 31033.330.000.001.00-1.00
JapanTOKYO 31033.330.000.001.00-1.00
BrazilBOVESPA 32166.6750.000.502.00-1.50
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 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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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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