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 56351962.5054.2910.231.608.63
PortugalLISBON 1951046753.3364.424.670.723.95
Saudi ArabiaTADAWUL 49525519251.5275.294.270.403.87
USOTC PINK 71724428249561.9256.185.411.843.57
South KoreaKOSDAQ 33891894120555.8663.664.081.023.06
IndonesiaIDX 62735920157.2655.993.890.922.97
CanadaTSX-V 61541021266.8351.585.302.522.78
ChinaSZSE 81134174241451.4557.834.031.272.76
QatarQE 2871409048.7864.293.090.412.69
OmanMSM 1812866.6766.673.671.002.67
Hong KongHKEX 56543127173155.3155.363.861.202.66
ChinaSSE 63013269189351.8857.913.631.032.60
EgyptEGX 44626515859.4259.623.751.172.58
TaiwanGTSM 2120121670457.3657.893.380.842.55
USAMEX 1824105159457.6256.523.490.952.54
USNASDAQ 123656755399354.6959.053.420.892.53
JapanSAPPORO 52240.00100.002.500.002.50
Greece ATHENS 42222812154.0353.073.711.322.39
South KoreaKRX 41082202137353.6062.352.980.752.23
USWARRANTS 109623756.8859.683.441.322.11
BrazilBOVESPA 126669642154.9860.492.940.832.10
TurkeyBIST 55129716553.9055.562.820.812.01
JapanFUKUOKA 2011855.0072.732.450.452.00
NorwayOSE 55030616155.6452.613.351.361.99
The World 167761915525077954.5955.442.960.981.99
SpainIBEX 59031017052.5454.842.760.821.95
TaiwanTWSE 2625140380553.4557.382.550.631.93
CanadaCSE 1411778.5763.645.273.361.91
IsraelTASE 80041224951.5060.443.151.261.89
ArgentinaBUE 130734356.1558.903.681.861.82
JapanTOKYO 161308733484354.1455.462.750.931.81
CanadaTSX 67873730200054.9653.622.460.651.81
UAEUAE 2631506757.0344.672.780.991.79
USNYSE 2015211332632056.2355.772.370.641.73
IndiaNSE 51272695152352.5656.513.171.471.70
ItalyBORSA 44172362127953.7253.902.500.811.69
IndiaBSE 94805107275953.8754.023.461.831.63
UKLSE 94054831261651.3754.152.470.851.62
AustraliaASX 2581150275758.1950.402.530.941.59
JapanNAGOYA 132733355.3045.212.340.821.52
DenmarkCOPENHAGEN 48626313554.1251.332.380.891.49
SwedenSTOCKHOLM 171692147953.7351.952.561.151.41
KuwaitKSE 125732858.4038.362.821.411.41
FrancePARIS 2960151778351.2551.622.150.761.39
MalaysiaBURSA 173799948557.5148.552.260.881.38
RussiaMICEX 72939921554.7353.882.501.181.32
BelgiumBRUSSELS 55130217254.8156.951.910.621.29
GermanyXETRA 52812878148354.5051.532.040.801.24
Austria WIENERBORSE 36618310850.0059.021.660.501.16
JordanASE 141954967.3851.582.281.261.02
NetherlandsAMSTERDAM 107757427353.3047.561.570.600.97
SwitzerlandSIX 2491134766254.0749.151.460.550.91
MexicoBMV 71238621354.2155.181.660.800.86
SingaporeSGX 77343819356.6644.061.770.960.81
FOREXFOREX 115445.4580.001.200.400.80
TurkeyBIST 115145.4520.001.400.600.80
USPREFERRED 3125164776152.7046.210.860.340.52
USAMEX 2815553.5733.330.600.130.47
Austria WIENERBORSE 42050.000.000.000.000.00
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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