BEARISH BELT HOLD
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 BELT HOLD
Definition
Bearish Belt Hold is a single candlestick pattern, basically, a Black Opening Marubozu that occurs in an uptrend. It opens on the high of the day, and then prices begin to fall during the day against the overall trend of the market, which eventually stops with a close near the low, leaving a small shadow at the bottom 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 uptrend.
2. The market gaps up and opens at its high, and closes near to the low of the day.
3. A long black body that has no upper shadow (a Black Opening Marubozu) is observed.
Pattern Requirements and Flexibility
A Black Opening Marubozu or a Black Marubozu (with no upper or lower shadow) should be seen, and it should open higher than the two preceding white candlesticks.
Trader’s Behavior
The market opens higher, with a significant gap in the direction of the prevailing uptrend. So, the first impression reflected in the opening price is the continuation of the uptrend. 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 bulls, leading them to sell many positions, which could reverse the direction of the trend and start a sell-off.
Sell/Stop Loss Levels
The confirmation level is defined as the last close. Prices should cross below this level for confirmation.

The stop loss level is defined as the last high. 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 1/1/2017
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
USOTCBB 222100.00100.0071.000.0071.00
USWARRANTS 31133.33100.007.000.007.00
UAEUAE 128566.6762.505.880.385.50
Austria WIENERBORSE 27191370.3768.426.050.895.16
QatarQE 23151065.2266.675.070.404.67
Poland GPW 1701137866.4769.036.121.554.57
CanadaCSE 1210783.3370.0012.508.204.30
NorwayOSE 123935075.6153.765.191.034.16
IndonesiaIDX 118875273.7359.775.381.344.03
ChinaSZSE 79355635570.1163.855.221.373.86
USNASDAQ 127689053169.7559.665.211.513.70
South KoreaKOSDAQ 43729018366.3663.104.701.143.56
FrancePARIS 29421813674.1562.394.060.773.29
ChinaSSE 50833320165.5560.364.401.203.21
TaiwanGTSM 69250231872.5463.354.351.193.17
IndiaNSE 1544113969573.7761.024.481.413.08
PakistanKSE 31623414174.0560.264.861.823.04
SpainIBEX 91664172.5362.123.790.832.95
RussiaMICEX 102744072.5554.053.690.742.95
Hong KongHKEX 84361135772.4858.434.281.342.94
IndiaBSE 32362399142574.1359.404.731.862.88
USAMEX 38828215372.6854.264.211.402.81
SwedenSTOCKHOLM 38426414568.7554.924.521.702.81
Vietnam HNX 61412767.2165.853.630.852.78
IsraelTASE 37323813663.8157.144.061.302.76
EgyptEGX 2241488466.0756.764.091.392.70
TurkeyBIST 21315810074.1863.293.911.282.63
JapanTOKYO 2020143586071.0459.933.591.002.60
The World 25151178331016770.9756.963.981.452.54
BelgiumBRUSSELS 33221066.6745.453.681.182.50
Vietnam HOSE 2211579671.0461.153.310.882.43
OmanMSM 85262.5040.003.000.602.40
DenmarkCOPENHAGEN 58422172.4150.003.571.312.26
ArgentinaBUE 53311558.4948.394.552.292.26
USOTC PINK 1903135970072.2050.955.192.952.23
TaiwanTWSE 79558035572.9661.213.050.852.20
KuwaitKSE 1810455.5640.003.000.802.20
CanadaTSX 74751628169.0854.463.221.112.11
MalaysiaBURSA 1511166676.8256.903.791.682.11
ThailandSET 2061528673.7956.583.361.302.06
BangladeshDSE 2041649480.3957.323.621.582.04
USNYSE 141497752169.0953.333.111.072.04
USPREFERRED 29519310165.4252.332.830.802.03
PortugalLISBON 10108100.0080.003.301.302.00
South KoreaKRX 60738622263.5957.513.141.161.98
Saudi ArabiaTADAWUL 69502972.4658.002.500.661.84
PhilippinesPSE 42311973.8161.293.581.941.65
BrazilBOVESPA 145924863.4552.172.751.201.55
UKLSE 1512101851067.3950.052.611.081.54
Greece ATHENS 1612875.0066.672.251.081.17
NetherlandsAMSTERDAM 95642967.3745.311.910.771.14
GermanyXETRA 48936517874.6448.772.351.321.03
ItalyBORSA 53338518372.2347.531.830.890.94
AustraliaASX 34425113372.9752.992.161.300.86
MexicoBMV 118854272.0349.411.711.120.59
SingaporeSGX 78561771.7930.361.461.340.13
JordanASE 32166.6750.001.501.500.00
JapanSAPPORO 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
USFOREX 110100.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
JapanFUKUOKA 65283.3340.001.201.40-0.20
JapanNAGOYA 28231382.1456.521.481.70-0.22
SwitzerlandSIX 1691224972.1940.161.551.82-0.27
CanadaTSX-V 48321766.6753.136.256.91-0.66
ChileBCS 1911457.8936.360.821.64-0.82
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
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

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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