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
CanadaCSE 1412985.7175.0010.422.088.33
USWARRANTS 20141070.0071.438.712.146.57
QatarQE 27161159.2668.755.630.445.19
Poland GPW 1891319469.3171.766.111.404.72
PhilippinesPSE 45332373.3369.706.241.824.42
IndonesiaIDX 121885572.7362.505.651.604.05
KuwaitKSE 1911657.8954.554.360.453.91
ChinaSZSE 103675549772.8865.834.831.163.66
SpainIBEX 76583376.3256.904.260.603.66
South KoreaKOSDAQ 48832020165.7862.624.861.233.63
PakistanKSE 35926517073.8264.154.881.533.35
TurkeyBIST 22516710874.2264.674.531.223.32
USNASDAQ 128091652271.6456.924.801.563.24
NorwayOSE 124945075.8153.194.561.403.16
PortugalLISBON 87687.5085.713.140.003.14
TaiwanGTSM 71653033274.0262.644.141.073.06
Vietnam HNX 96704472.9262.863.870.873.00
BelgiumBRUSSELS 37241464.8658.334.331.333.00
SwedenSTOCKHOLM 40728615570.5254.014.571.612.97
EgyptEGX 2341498163.6854.364.451.542.91
Hong KongHKEX 96269441472.1459.654.001.212.78
FrancePARIS 31522613171.7557.963.530.832.70
ArgentinaBUE 81572970.3750.884.772.092.68
ChinaSSE 72649831068.6062.253.560.922.64
DenmarkCOPENHAGEN 54332061.1160.613.881.242.64
IndiaBSE 39632944172174.3158.444.421.822.60
MalaysiaBURSA 1851418676.2260.994.161.572.59
IndiaNSE 1786131778873.8059.794.101.522.58
JapanTOKYO 1556109865870.5759.933.691.112.58
Austria WIENERBORSE 46311667.3951.614.031.552.48
USAMEX 45731417268.9354.604.111.682.43
RussiaMICEX 1891197167.7255.473.140.732.41
OmanMSM 85262.5040.003.000.602.40
IsraelTASE 43328115664.9055.523.731.342.39
The World 28001198371122571.0056.463.871.502.37
USOTC PINK 2431173091272.1152.035.243.022.22
Vietnam HOSE 32322812970.5956.583.441.302.14
CanadaTSX 74651226868.6352.343.441.412.03
TaiwanTWSE 79858535673.3160.852.921.021.90
ThailandSET 34723513367.7256.603.041.191.86
South KoreaKRX 74246625862.8055.362.941.181.76
USNYSE 145398049867.4550.822.951.191.76
Saudi ArabiaTADAWUL 68502873.5356.002.240.561.68
BangladeshDSE 24318910977.7857.673.081.461.62
CanadaTSX-V 63462573.0254.354.743.281.46
USPREFERRED 2091366765.0749.262.240.971.27
GermanyXETRA 51137918374.1748.282.461.211.25
BrazilBOVESPA 1901236664.7453.662.371.131.24
Greece ATHENS 1814977.7864.292.291.071.21
NetherlandsAMSTERDAM 109743867.8951.351.820.621.20
UKLSE 1537104049667.6647.692.261.101.16
SingaporeSGX 61451873.7740.002.381.311.07
UAEUAE 126250.0033.332.831.831.00
MexicoBMV 137995372.2653.541.871.050.82
AustraliaASX 41328114068.0449.822.161.410.75
ChileBCS 2513752.0053.851.851.310.54
ItalyBORSA 51637916373.4543.011.611.090.51
JapanNAGOYA 29231379.3156.521.831.700.13
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 1961275267.8639.101.421.56-0.14
JapanFUKUOKA 662100.0033.330.831.33-0.50
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
JordanASE 65283.3340.000.402.60-2.20
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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