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
ThailandSET 111100.00100.0011.000.0011.00
OmanMSM 54280.0050.008.250.507.75
BangladeshDSE 42250.00100.
JapanFUKUOKA 221100.0050.
USFOREX 221100.0050.000.500.000.50
Austria WIENERBORSE 411160.984.000.490.000.49
RussiaMICEX 1051164.761.470.410.000.41
ChinaSSE 10862276.
NorwayOSE 1521160.531.
The World 2815914910266.860.540.060.010.05
AustraliaASX 3071167.430.480.030.000.03
Vietnam HOSE 4782155.860.370.010.010.00
KuwaitKSE 240083.330.
EgyptEGX 2040072.550.
JordanASE 60050.
South KoreaKOSDAQ 11310065.690.
South KoreaKRX 10550056.300.
JapanTOKYO 13710068.560.
ItalyBORSA 5750069.570.
IndiaNSE 10420063.820.
IndiaNSE 110100.
JapanNAGOYA 90077.780.
NetherlandsAMSTERDAM 1250067.
MalaysiaBURSA 1190055.460.
MexicoBMV 910071.430.
UAEUAE 170064.710.
Saudi ArabiaTADAWUL 1750072.570.
QatarQE 180061.
PhilippinesPSE 110100.
IsraelTASE 3830059.530.
IndonesiaIDX 1790061.450.
Hong KongHKEX 6450060.780.
Greece ATHENS 430076.740.
FrancePARIS 3270072.
SpainIBEX 460054.350.
DenmarkCOPENHAGEN 710061.970.
GermanyXETRA 9390070.930.
ChinaSZSE 16070077.720.
SwitzerlandSIX 2970068.690.
CanadaTSX 7220062.330.
CanadaCSE 200055.
CanadaTSX-V 410068.
BrazilBOVESPA 1630065.
BelgiumBRUSSELS 230065.
ChileBCS 300060.
BangladeshDSE 1560067.950.
PortugalLISBON 110081.820.
Poland GPW 990058.590.
PakistanKSE 2590069.880.
PakistanKSE 1000.
SingaporeSGX 560046.430.
SwedenSTOCKHOLM 3530061.470.
SwedenSTOCKHOLM 1000.
USAMEX 3940072.
UKLSE 16790066.
TaiwanGTSM 6150062.760.
TaiwanTWSE 7560060.320.
ThailandSET 2860056.
ArgentinaBUE 970073.
USOTC PINK 25780070.600.
USNYSE 14500072.410.
USNASDAQ 11850067.930.
Vietnam HNX 1100066.360.
USWARRANTS 450057.780.
IndiaBSE 30421064.460.
TurkeyBIST 2632166.920.570.010.020.00
USPREFERRED 2562073.830.000.000.13-0.13
PhilippinesPSE 321053.
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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