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 1/1/2015
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 54380.0075.0016.501.5015.00
UAEUAE 54480.00100.008.250.008.25
RussiaMICEX 44382686.3668.425.680.505.18
ChinaSSE 2071378566.1862.045.741.234.51
IndonesiaIDX 54382470.3763.165.160.684.47
ChinaSZSE 26117212065.9069.775.521.274.25
USNASDAQ 68346330867.7966.525.091.084.00
BelgiumBRUSSELS 107370.0042.867.003.004.00
NorwayOSE 54402574.0762.504.780.803.98
USOTC PINK 63346325473.1454.865.881.953.93
QatarQE 107670.0085.714.140.293.86
Hong KongHKEX 39730318976.3262.384.680.863.82
South KoreaKOSDAQ 22316310773.0965.644.771.013.76
TaiwanGTSM 38429019675.5267.594.751.023.73
Poland GPW 67432964.1867.444.651.003.65
USAMEX 1501097272.6766.064.510.993.52
Saudi ArabiaTADAWUL 37281975.6867.864.040.543.50
TaiwanTWSE 39829321273.6272.353.830.473.36
Vietnam HNX 48282058.3371.433.680.323.36
PakistanKSE 1651308778.7966.924.911.593.32
IndiaNSE 65848633473.8668.724.230.943.29
OmanMSM 54280.0050.003.750.503.25
IsraelTASE 147976265.9963.923.980.753.23
SpainIBEX 56392569.6464.104.000.903.10
IndiaBSE 1490111371374.7064.064.731.633.09
TurkeyBIST 90634570.0071.433.410.373.05
EgyptEGX 1451016069.6659.414.311.313.00
The World 114728220510571.6762.093.901.082.83
PhilippinesPSE 21161076.1962.503.560.812.75
BangladeshDSE 107845278.5061.903.811.192.62
JapanTOKYO 107476448771.1463.743.370.802.57
Vietnam HOSE 104735070.1968.493.300.772.53
South KoreaKRX 28419613069.0166.333.330.882.44
FrancePARIS 108754869.4464.002.920.562.36
CanadaTSX 30922213171.8459.013.000.682.32
PortugalLISBON 775100.0071.433.431.142.29
SwedenSTOCKHOLM 1611065765.8453.773.931.712.23
Greece ATHENS 129775.0077.783.221.002.22
MalaysiaBURSA 55472685.4555.322.660.452.21
DenmarkCOPENHAGEN 26211180.7752.382.760.762.00
GermanyXETRA 1431015570.6354.462.870.872.00
ThailandSET 81673482.7250.753.211.331.88
JapanFUKUOKA 76585.7183.331.830.001.83
UKLSE 70947227566.8558.022.440.761.68
KuwaitKSE 159560.0055.562.781.111.67
JapanNAGOYA 1210883.3380.002.601.201.40
ArgentinaBUE 159660.0066.673.332.001.33
USNYSE 60442823770.8655.371.800.631.17
USPREFERRED 125895071.2056.181.550.431.12
ChileBCS 43175.0033.332.001.001.00
BrazilBOVESPA 57401770.1842.502.401.450.95
ItalyBORSA 28120210371.8950.991.310.500.81
Austria WIENERBORSE 118572.7362.502.001.250.75
NetherlandsAMSTERDAM 28201271.4360.001.150.450.70
MexicoBMV 66472471.2151.061.721.040.68
JordanASE 42150.0050.001.501.000.50
AustraliaASX 1421055873.9455.241.741.260.49
SwitzerlandSIX 56421775.0040.480.980.950.02
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
USWARRANTS 53260.0066.670.671.00-0.33
SingaporeSGX 4124358.5412.500.131.04-0.92
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
CanadaTSX-V 2719970.3747.374.117.47-3.37
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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