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 43311872.0958.0611.061.689.39
IndiaNSE 32266.67100.007.000.007.00
OmanMSM 85362.5060.007.000.606.40
CanadaCSE 26191473.0873.687.742.005.74
USOTC PINK 79654917276761.7856.235.421.843.58
Saudi ArabiaTADAWUL 54128821453.2374.313.960.383.58
PortugalLISBON 2171166953.4659.484.220.733.48
JapanFUKUOKA 23131056.5276.923.540.383.15
South KoreaKOSDAQ 36322019128055.5963.404.031.003.03
TurkeyBIST 62133.3350.003.500.503.00
ChinaSZSE 87974580272852.0659.564.191.192.99
QatarQE 31115110048.5566.233.310.362.95
ChinaSSE 69343647217552.6059.643.831.002.83
USWARRANTS 113643856.6459.384.131.302.83
CanadaTSX-V 68345123566.0352.115.372.592.78
Hong KongHKEX 61143388188355.4155.583.841.172.67
IndonesiaIDX 69339321756.7155.223.630.972.65
USNASDAQ 132727248429454.6459.213.400.892.52
TaiwanGTSM 2279130874957.3957.263.350.842.51
JapanSAPPORO 52240.00100.002.500.002.50
EgyptEGX 49529217858.9960.963.711.262.44
USAMEX 1975112362556.9655.563.360.972.39
South KoreaKRX 43972338145253.3561.892.880.722.16
Greece ATHENS 47925313452.8252.963.451.322.14
The World 182356997515529654.7155.422.940.971.97
IsraelTASE 90946428251.0560.783.161.201.97
BrazilBOVESPA 137475145254.6660.192.850.931.92
TaiwanTWSE 2876154989753.8657.912.490.611.87
TurkeyBIST 58831316753.2353.352.670.851.82
SpainIBEX 62933518453.2654.932.580.771.81
JapanTOKYO 177329662536254.4955.502.710.931.78
ArgentinaBUE 142804756.3458.753.551.781.78
SwitzerlandSIX 84250.0050.001.750.001.75
CanadaTSX 72994039215455.3453.332.420.671.75
IndiaNSE 54382864161952.6756.533.191.441.75
JapanNAGOYA 141783755.3247.442.350.621.73
UAEUAE 2721607258.8245.002.680.971.71
NorwayOSE 62034317855.3251.903.181.491.70
ItalyBORSA 48692640143754.2054.452.480.791.69
USNYSE 2166012170672956.1855.302.280.631.65
IndiaBSE 102875520299353.6654.223.451.811.63
IsraelTASE 85462.5080.001.800.201.60
AustraliaASX 2858166183058.1249.972.490.911.58
UKLSE 104125351286851.4153.582.400.851.55
DenmarkCOPENHAGEN 53929114953.9951.202.410.891.52
SwedenSTOCKHOLM 1906103054154.0452.522.661.141.52
MalaysiaBURSA 1888107151556.7348.092.240.881.36
RussiaMICEX 80944524555.0155.062.511.181.32
FrancePARIS 3242167185051.5450.872.040.761.28
RussiaMICEX 64466.67100.001.250.001.25
BelgiumBRUSSELS 61133018754.0156.671.850.611.25
JordanASE 1511025767.5555.882.401.181.23
GermanyXETRA 58243198163954.9151.251.980.781.20
Austria WIENERBORSE 41520311948.9258.621.620.481.14
KuwaitKSE 148833256.0838.552.631.491.13
DenmarkCOPENHAGEN 111100.00100.001.000.001.00
MalaysiaBURSA 53260.0066.671.330.331.00
NetherlandsAMSTERDAM 117462929653.5847.061.560.590.97
SingaporeSGX 83045619954.9443.641.860.920.94
SwitzerlandSIX 2735149772254.7348.231.430.530.90
MexicoBMV 77841423253.2156.041.640.780.86
AustraliaASX 87387.5042.860.570.000.57
MexicoBMV 54380.0075.000.500.000.50
USPREFERRED 3430180279952.5444.340.770.320.45
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
ArgentinaBUE 118572.7362.500.380.250.13
ThailandSET 41025.000.000.000.000.00
SingaporeSGX 2000.000.000.000.000.00
PortugalLISBON 31033.330.000.000.000.00
Poland GPW 52140.0050.000.000.000.00
Vietnam HOSE 126350.0050.000.500.500.00
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
BangladeshDSE 144228.5750.000.000.000.00
FOREXFOREX 73242.8666.670.670.670.00
Austria WIENERBORSE 31033.330.000.000.000.00
Greece ATHENS 31033.330.000.000.000.00
FrancePARIS 31033.330.000.000.000.00
GermanyXETRA 31033.330.000.000.000.00
SpainIBEX 41025.000.000.000.000.00
ChileBCS 2000.000.000.000.000.00
TaiwanGTSM 97477.7857.140.290.43-0.14
SwedenSTOCKHOLM 64166.6725.000.000.25-0.25
IndonesiaIDX 2511344.0027.270.090.45-0.36
CanadaTSX 220100.000.000.000.50-0.50
JapanTOKYO 31033.330.000.001.00-1.00
BrazilBOVESPA 21050.000.000.004.00-4.00
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
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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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