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 1/1/2020
Stock Exchange 
Per Trade 
Total Net% Descending
USOTCBB 332100.0066.6715.671.0014.67
South KoreaKOSDAQ 115676259266.1877.3912.220.6211.60
ThailandSET 111100.00100.0011.000.0011.00
ChinaSZSE 16001245106077.8185.1410.930.3910.53
ChinaSSE 110984571376.1984.388.920.298.63
ChileBCS 31191461.2973.689.020.698.33
EgyptEGX 2071509272.4661.339.261.407.86
OmanMSM 54280.0050.008.250.507.75
South KoreaKRX 109862542956.9268.648.430.857.59
TurkeyBIST 28118711866.5563.
BangladeshDSE 42250.00100.
UAEUAE 1912963.1675.006.480.505.98
USNASDAQ 122483646468.3055.507.521.945.58
ArgentinaBUE 129935872.0962.376.521.445.08
IndiaNSE 106467940163.9158.976.291.314.97
TaiwanGTSM 63139523962.6060.515.790.994.80
MalaysiaBURSA 121683856.2055.886.782.084.70
CanadaTSX-V 39281271.7942.866.642.024.62
Vietnam HNX 120795065.8363.295.771.214.56
The World 29441194131169266.9859.295.761.324.45
IndonesiaIDX 2251436463.5644.766.121.764.36
Poland GPW 100604060.0066.675.120.794.33
IsraelTASE 40224114159.9558.515.311.204.11
Austria WIENERBORSE 41251560.9860.005.521.454.07
SpainIBEX 47251253.1948.005.231.313.92
Hong KongHKEX 68241321960.5653.035.761.973.79
IndiaBSE 32452094109364.5352.205.631.943.70
PakistanKSE 27419310470.4453.895.461.803.66
USOTC PINK 28991993103270.0950.795.962.433.53
ThailandSET 2971699356.9055.034.721.213.51
TaiwanTWSE 77747027760.4958.944.441.073.37
SwedenSTOCKHOLM 40225112662.4450.205.311.993.32
Saudi ArabiaTADAWUL 1821317371.9855.734.441.143.30
JapanTOKYO 138795257168.6459.984.361.083.28
KuwaitKSE 26211380.7761.904.541.702.83
BrazilBOVESPA 1721146366.2855.263.881.052.82
UKLSE 1781119569967.1058.493.680.972.71
CanadaTSX 75447225762.6054.454.281.582.70
FrancePARIS 34624914072.2556.003.610.922.69
Vietnam HOSE 49127514156.0151.274.151.582.57
USAMEX 39728417171.5460.213.621.082.54
USNYSE 1477107362572.6558.253.731.342.39
MexicoBMV 93683673.1252.943.210.872.34
JapanFUKUOKA 221100.0050.
JapanNAGOYA 97377.7842.863.671.701.98
SwitzerlandSIX 31822412770.4456.702.770.861.91
JordanASE 63150.0033.332.010.171.84
DenmarkCOPENHAGEN 70422460.0057.
BangladeshDSE 1651086265.4557.413.071.301.77
BelgiumBRUSSELS 2314960.8764.292.350.661.69
NorwayOSE 1751045059.4348.083.702.011.69
NetherlandsAMSTERDAM 132904968.1854.442.270.581.69
AustraliaASX 32221712867.3958.992.671.051.62
SingaporeSGX 56261146.4342.312.671.051.62
PhilippinesPSE 3217753.1341.183.372.061.31
ItalyBORSA 59141023069.3756.
GermanyXETRA 96869137071.3853.551.880.861.02
CanadaCSE 1811561.1145.454.373.440.93
Greece ATHENS 46351176.0931.433.893.030.86
USFOREX 221100.0050.000.500.000.50
QatarQE 2113961.9069.232.011.860.15
USWARRANTS 450057.780.
IndiaNSE 110100.
SwedenSTOCKHOLM 1000.
RussiaMICEX 810061.730.
PhilippinesPSE 110100.
PakistanKSE 1000.
USPREFERRED 2562073.830.000.000.13-0.13
PortugalLISBON 1210383.3330.001.022.04-1.02
RussiaMICEX 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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