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 665100.0083.3313.331.1712.17
SpainIBEX 84563766.6766.075.590.754.84
RussiaMICEX 84643776.1957.814.880.704.17
NorwayOSE 107784672.9058.975.030.864.17
OmanMSM 136546.1583.334.170.333.83
ChinaSZSE 88362440470.6764.744.911.323.59
KuwaitKSE 2012660.0050.004.170.673.50
ArgentinaBUE 2912641.3850.005.502.083.42
South KoreaKOSDAQ 53938224870.8764.924.641.243.40
USNASDAQ 118781248268.4159.364.491.183.31
USAMEX 29820911770.1355.984.241.023.22
IsraelTASE 30018311761.0063.934.040.833.21
TaiwanGTSM 62846630874.2066.094.251.133.12
EgyptEGX 1901368071.5858.824.251.193.06
IndiaNSE 1420107466575.7761.804.611.563.05
PakistanKSE 31623214573.4262.504.811.813.00
Vietnam HNX 57372264.9159.464.051.082.97
FrancePARIS 22415810370.5465.193.470.512.97
USOTC PINK 1487104855770.8852.855.212.292.91
BrazilBOVESPA 1381005472.4654.004.211.332.88
ChinaSSE 57738121666.0356.694.161.302.86
Hong KongHKEX 89066937475.2855.824.081.262.83
BangladeshDSE 26120713379.3164.254.001.292.71
MalaysiaBURSA 127975876.3859.793.671.022.65
IndonesiaIDX 123884671.5452.273.701.102.60
TaiwanTWSE 67549432673.1965.993.190.642.56
CanadaTSX-V 37241464.8658.334.171.672.50
IndiaBSE 30882302131574.5557.124.421.972.45
The World 2297216252938470.7957.713.741.302.44
TurkeyBIST 1861318170.4361.833.370.962.41
Poland GPW 107694364.4962.323.811.492.32
South KoreaKRX 67747129369.5762.213.291.022.27
CanadaTSX 70648927969.2657.063.040.812.23
SwedenSTOCKHOLM 31121511469.1353.024.071.932.14
JapanTOKYO 1714119471169.6659.553.060.962.10
JapanFUKUOKA 87587.5071.432.290.292.00
JordanASE 332100.0066.673.001.002.00
Vietnam HOSE 1521066469.7460.383.081.131.95
PortugalLISBON 886100.0075.003.501.631.88
ThailandSET 1581175874.0549.573.071.261.81
BelgiumBRUSSELS 37211156.7652.383.331.711.62
QatarQE 2418875.0044.443.171.611.56
UKLSE 130384743665.0051.482.450.911.54
USNYSE 123782443866.6153.162.250.801.45
USPREFERRED 2031407168.9750.711.810.441.38
Greece ATHENS 27201174.0755.003.602.251.35
UAEUAE 86575.0083.331.330.001.33
Saudi ArabiaTADAWUL 90622968.8946.772.110.811.31
AustraliaASX 27319611271.7957.142.511.331.18
GermanyXETRA 34123712369.5051.901.830.840.99
JapanNAGOYA 28211575.0071.432.291.380.90
PhilippinesPSE 30231376.6756.523.042.170.87
NetherlandsAMSTERDAM 80532666.2549.061.300.700.60
SingaporeSGX 83531863.8633.961.751.250.51
ItalyBORSA 60442620770.5348.591.110.640.47
DenmarkCOPENHAGEN 40321480.0043.753.473.000.47
SwitzerlandSIX 145994568.2845.451.320.920.40
Austria WIENERBORSE 27201074.0750.001.350.950.40
MexicoBMV 105723768.5751.391.421.030.39
JapanSAPPORO 1000.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
ChileBCS 42050.000.000.002.00-2.00
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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