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 1/1/2016
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
CanadaCSE 87587.5071.4312.431.1411.29
USAMEX 106815376.4265.436.671.515.16
ArgentinaBUE 2213763.6450.006.861.715.14
South KoreaKOSDAQ 21615110169.9166.895.610.924.69
PortugalLISBON 332100.0066.674.330.004.33
ChinaSZSE 33223816271.6968.074.760.843.91
RussiaMICEX 71583681.6962.074.570.743.83
Poland GPW 71402556.3462.504.681.133.55
TurkeyBIST 86594068.6067.804.861.323.54
IndiaNSE 64349531976.9864.444.511.223.29
MalaysiaBURSA 84654077.3861.543.940.753.18
USNASDAQ 56540423471.8657.644.401.263.15
KuwaitKSE 107370.0042.863.860.713.14
Vietnam HOSE 117825170.0962.203.850.882.98
USOTC PINK 58643124673.8956.815.552.582.97
BelgiumBRUSSELS 1510666.6760.005.702.902.80
QatarQE 106360.0050.003.330.672.67
IndiaBSE 1685127376075.5559.704.411.762.65
PakistanKSE 20315410075.8664.944.341.722.62
FrancePARIS 91664272.5363.643.230.622.61
South KoreaKRX 32222114668.6366.063.330.732.60
Hong KongHKEX 41631517275.7254.603.681.092.59
Saudi ArabiaTADAWUL 23171173.9164.713.120.592.53
TaiwanGTSM 32024515676.5663.673.661.132.53
Vietnam HNX 47312065.9664.523.681.162.52
The World 105177537442271.7258.623.731.272.46
SpainIBEX 31211467.7466.672.860.522.33
ChinaSSE 2161498568.9857.053.110.792.33
CanadaTSX 26818810470.1555.323.260.962.30
IsraelTASE 171995657.8956.573.281.012.27
JapanTOKYO 61440123465.3158.353.371.102.27
NorwayOSE 41321578.0546.883.341.222.13
OmanMSM 21150.00100.002.000.002.00
GermanyXETRA 106764471.7057.892.610.621.99
TaiwanTWSE 27320414674.7371.572.580.601.98
EgyptEGX 112733865.1852.053.481.531.95
IndonesiaIDX 52361969.2352.783.581.671.92
Greece ATHENS 119681.8266.672.560.671.89
ThailandSET 79583073.4251.722.791.031.76
USNYSE 52735118366.6052.142.390.651.74
JapanNAGOYA 151511100.0073.332.601.001.60
UKLSE 53935918166.7950.282.330.861.46
SwedenSTOCKHOLM 1781176265.7352.993.612.201.41
ChileBCS 53260.0066.672.331.001.33
SingaporeSGX 3120864.5240.002.551.351.20
BangladeshDSE 105844480.0052.382.631.451.18
NetherlandsAMSTERDAM 36261572.2257.691.540.501.04
JapanFUKUOKA 553100.0060.001.000.200.80
USPREFERRED 90593365.5655.931.150.360.80
SwitzerlandSIX 60462376.6750.001.481.280.20
MexicoBMV 62462574.1954.351.301.150.15
DenmarkCOPENHAGEN 118472.7350.001.251.130.13
PhilippinesPSE 1815883.3353.332.732.670.07
ItalyBORSA 2651989174.7245.960.700.640.06
TurkeyBIST 2000.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
AustraliaASX 122804165.5751.251.811.95-0.14
JordanASE 332100.0066.670.671.00-0.33
CanadaTSX-V 2821975.0042.862.052.38-0.33
Austria WIENERBORSE 86475.0066.671.171.50-0.33
BrazilBOVESPA 53381471.7036.840.971.63-0.66
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
UAEUAE 110100.000.000.002.00-2.00
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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