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 1/1/2018
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
USWARRANTS 74357.1475.0012.754.758.00
QatarQE 25151060.0066.675.530.475.07
Poland GPW 1791218567.6070.256.191.464.73
PortugalLISBON 76685.71100.004.500.004.50
SpainIBEX 73553475.3461.824.760.534.24
ChinaSZSE 89864542371.8365.584.941.123.82
South KoreaKOSDAQ 44428417963.9663.035.041.283.76
IndonesiaIDX 103744371.8458.115.501.853.65
NorwayOSE 117915077.7854.954.911.353.56
PakistanKSE 32323815173.6863.454.891.573.32
Austria WIENERBORSE 36251469.4456.004.681.363.32
USNASDAQ 118785147771.8655.924.721.583.14
KuwaitKSE 159460.0044.443.670.563.11
ArgentinaBUE 65452369.2351.115.472.363.11
TurkeyBIST 2001469473.0064.384.321.293.03
BelgiumBRUSSELS 35241468.5758.334.331.333.00
TaiwanGTSM 61345728574.5562.364.041.052.98
IndiaNSE 1587117271473.8560.924.421.482.94
PhilippinesPSE 41301973.1763.334.932.002.93
FrancePARIS 29220812471.2359.623.710.832.88
RussiaMICEX 144965766.6759.383.460.722.74
Hong KongHKEX 88964237772.2258.724.021.332.69
IndiaBSE 34742563150673.7858.764.501.842.65
ChinaSSE 58640024668.2661.503.490.902.59
SwedenSTOCKHOLM 39727414869.0254.014.551.982.58
JapanTOKYO 1454102460770.4359.283.721.152.56
IsraelTASE 39525514464.5656.473.841.312.53
Vietnam HOSE 25317410268.7758.623.701.222.47
Vietnam HNX 62442870.9763.643.320.862.45
EgyptEGX 2041276862.2553.544.111.692.43
OmanMSM 85262.5040.003.000.602.40
USAMEX 42930616371.3353.274.231.852.38
The World 2500317682998770.7656.453.901.542.36
MalaysiaBURSA 1701307876.4760.003.871.692.18
USOTC PINK 2044147878372.3152.985.403.252.15
ThailandSET 25518010070.5955.563.231.092.14
CanadaTSX 71749125968.4852.753.441.412.03
DenmarkCOPENHAGEN 48301762.5056.673.301.302.00
CanadaCSE 1714988.2460.008.336.332.00
Saudi ArabiaTADAWUL 60422570.0059.522.500.551.95
South KoreaKRX 67742423862.6356.132.891.121.77
BangladeshDSE 1921538979.6958.173.121.441.68
USNYSE 138292946967.3750.382.941.261.68
BrazilBOVESPA 144924863.8952.172.621.041.58
TaiwanTWSE 68049930073.3860.122.591.021.57
USPREFERRED 2351548165.5352.602.440.951.48
SingaporeSGX 58421772.4140.482.521.191.33
NetherlandsAMSTERDAM 104703767.3152.861.910.671.24
GermanyXETRA 50537118173.6648.662.431.201.23
Greece ATHENS 1814977.7864.292.291.071.21
UKLSE 135690643066.9647.362.351.141.21
CanadaTSX-V 59432372.8853.494.653.631.02
UAEUAE 106260.0033.332.831.831.00
AustraliaASX 34923612467.6252.542.431.540.89
MexicoBMV 119894674.7951.691.601.080.52
ItalyBORSA 49436415273.8941.641.371.120.24
JapanNAGOYA 27221381.4859.091.911.730.18
USFOREX 21050.000.000.000.000.00
Vietnam HOSE 110100.000.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
SwitzerlandSIX 1741174967.2441.881.571.89-0.32
ChileBCS 2412550.0041.671.081.42-0.33
JapanFUKUOKA 552100.0040.001.001.40-0.40
JordanASE 54280.0050.000.501.00-0.50
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
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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