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
CanadaCSE 87687.5085.7111.861.0010.86
UAEUAE 85462.5080.006.400.006.40
QatarQE 1712870.5966.674.920.334.58
ChinaSZSE 59842427070.9063.685.361.383.98
IndonesiaIDX 91653971.4360.005.051.143.91
RussiaMICEX 71553177.4656.364.270.713.56
South KoreaKOSDAQ 32523515172.6263.984.631.123.51
IndiaNSE 117888156075.0463.354.631.293.34
USNASDAQ 97066639768.6659.614.761.463.29
Hong KongHKEX 67649528773.2257.984.501.223.28
SpainIBEX 82593671.9561.024.140.923.22
TaiwanGTSM 55241027174.2866.104.281.063.22
ChinaSSE 38825614665.9857.034.481.273.20
IsraelTASE 2431429058.4463.384.110.923.20
EgyptEGX 1821287570.3358.594.381.333.05
Poland GPW 106694465.0963.774.121.073.04
FrancePARIS 1861389174.1965.943.590.642.96
TurkeyBIST 1671167769.4666.383.840.972.88
USAMEX 2391809975.3155.004.021.142.88
IndiaBSE 26071959115475.2258.854.551.822.73
PakistanKSE 26519812174.7261.114.551.822.73
USOTC PINK 128592348972.4552.525.232.512.72
MalaysiaBURSA 106844879.2557.143.891.182.71
Vietnam HOSE 1671197671.2663.873.520.852.67
SwedenSTOCKHOLM 27718910168.2353.444.181.542.64
Vietnam HNX 52332163.4663.643.580.972.61
The World 1836213108763171.4658.153.841.302.54
BelgiumBRUSSELS 2213559.0938.464.381.852.54
TaiwanTWSE 56941227372.4166.263.080.612.47
JapanTOKYO 1498104264069.5661.423.300.872.43
OmanMSM 75271.4340.003.000.602.40
ArgentinaBUE 3218956.2550.004.722.392.33
South KoreaKRX 44731119869.5763.673.220.942.28
NorwayOSE 88673476.1450.753.331.092.24
CanadaTSX 47633218769.7556.333.000.772.23
Saudi ArabiaTADAWUL 53412377.3656.102.830.712.12
BangladeshDSE 1841488380.4356.083.631.622.01
ThailandSET 125955376.0055.793.121.141.98
USNYSE 89161732269.2552.192.310.791.52
PortugalLISBON 886100.0075.003.131.631.50
UKLSE 104969435466.1651.012.380.961.43
KuwaitKSE 1710358.8230.002.401.001.40
USPREFERRED 1751226069.7149.181.750.451.30
JapanFUKUOKA 87587.5071.431.430.141.29
Greece ATHENS 1511773.3363.642.451.181.27
GermanyXETRA 2281628371.0551.232.090.841.25
DenmarkCOPENHAGEN 40291372.5044.832.521.411.10
JapanNAGOYA 18151183.3373.331.931.000.93
BrazilBOVESPA 98673168.3746.272.131.360.78
AustraliaASX 2151568872.5656.411.921.170.74
ItalyBORSA 39228414672.4551.411.320.620.70
ChileBCS 53160.0033.332.001.330.67
MexicoBMV 86623172.0950.001.731.100.63
NetherlandsAMSTERDAM 55401872.7345.001.130.580.55
SwitzerlandSIX 101763675.2547.371.511.000.51
PhilippinesPSE 32261581.2557.692.502.120.38
Austria WIENERBORSE 24181075.0055.561.280.940.33
SingaporeSGX 59371162.7129.731.081.030.05
JordanASE 32166.6750.001.501.500.00
JapanSAPPORO 1000.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
USFOREX 110100.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
CanadaTSX-V 34241370.5954.174.216.96-2.75
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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