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 65483.3380.0017.601.2016.40
UAEUAE 54480.00100.008.250.008.25
ChinaSZSE 30621015168.6371.906.341.145.20
ArgentinaBUE 1912963.1675.006.331.255.08
RussiaMICEX 49432887.7665.125.530.584.95
USAMEX 114896178.0768.545.551.034.52
ChinaSSE 2361529764.4163.825.571.074.50
IndonesiaIDX 62442770.9761.364.770.664.11
Hong KongHKEX 43833221375.8064.164.830.824.01
BelgiumBRUSSELS 107370.0042.867.003.004.00
TaiwanGTSM 42031722075.4869.404.831.003.83
USOTC PINK 70251128472.7955.585.801.993.81
USNASDAQ 71347931267.3265.004.881.243.64
IsraelTASE 1601066966.2565.094.280.703.58
South KoreaKOSDAQ 24017811774.1765.734.571.003.57
NorwayOSE 59432572.8858.144.440.913.53
Saudi ArabiaTADAWUL 37281975.6867.864.040.543.50
TurkeyBIST 106755370.7570.673.770.333.44
IndiaNSE 73154638174.6969.784.360.933.44
PakistanKSE 1791409378.2166.435.061.653.41
QatarQE 118672.7375.003.630.253.38
IndiaBSE 1660124481574.9465.514.851.523.32
SpainIBEX 55382569.0965.794.180.893.29
OmanMSM 54280.0050.003.750.503.25
TaiwanTWSE 44232523473.5372.003.730.483.25
Vietnam HNX 49291959.1865.523.620.383.24
Poland GPW 76483263.1666.674.191.063.13
MalaysiaBURSA 74553374.3260.003.530.423.11
EgyptEGX 1511066570.2061.324.411.313.09
The World 123958878558971.6562.933.971.062.92
Vietnam HOSE 116805668.9770.003.550.752.80
South KoreaKRX 30621414269.9366.363.720.952.77
BangladeshDSE 116925779.3161.963.921.172.75
Greece ATHENS 1310876.9280.003.600.902.70
JapanTOKYO 115180651970.0364.393.400.782.62
FrancePARIS 116845672.4166.672.940.522.42
CanadaTSX 31822613471.0759.293.080.682.40
SwedenSTOCKHOLM 1771176766.1057.263.521.162.36
PortugalLISBON 775100.0071.433.431.142.29
DenmarkCOPENHAGEN 27211277.7857.142.760.712.05
ThailandSET 90723880.0052.783.251.252.00
JapanFUKUOKA 76585.7183.331.830.001.83
KuwaitKSE 159560.0055.562.781.111.67
UKLSE 73449329167.1759.032.410.761.66
JapanNAGOYA 14121085.7183.332.501.001.50
GermanyXETRA 1511075871.5253.702.100.851.25
USNYSE 63244224969.9456.331.820.601.22
USPREFERRED 132925169.7055.431.570.431.13
ChileBCS 43175.0033.332.001.001.00
PhilippinesPSE 23181178.2661.113.222.221.00
ItalyBORSA 31122311771.7052.471.300.480.81
BrazilBOVESPA 67462168.6645.652.131.370.76
Austria WIENERBORSE 118572.7362.502.001.250.75
NetherlandsAMSTERDAM 31231374.1956.521.090.570.52
JordanASE 42150.0050.001.501.000.50
MexicoBMV 69512773.9152.941.531.060.47
AustraliaASX 1491085872.4853.701.681.280.40
SwitzerlandSIX 60461876.6739.131.110.890.22
TurkeyBIST 2000.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
USWARRANTS 53260.0066.670.671.00-0.33
SingaporeSGX 4424354.5512.500.131.04-0.92
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
CanadaTSX-V 27191074.0750.004.107.05-2.95
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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