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 1/1/2019
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
OmanMSM 85262.5040.003.000.602.40
USAMEX 5262270.150.540.130.000.13
TaiwanGTSM 8222174.450.160.030.000.03
ThailandSET 3961167.680.370.030.000.03
The World 3503222012971.150.520.040.010.02
USPREFERRED 2351166.380.640.020.000.02
Vietnam HOSE 4331171.360.320.020.000.02
AustraliaASX 5012169.260.290.010.000.01
TaiwanTWSE 9531171.980.150.010.000.01
IsraelTASE 4521168.580.320.000.000.00
IndiaBSE 48911174.910.030.000.000.00
ChinaSSE 10641169.830.130.000.000.00
RussiaMICEX 1780074.160.000.000.000.00
PortugalLISBON 130069.230.000.000.000.00
Poland GPW 1830071.040.000.000.000.00
PakistanKSE 3190073.350.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 570066.670.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
JordanASE 70085.710.000.000.000.00
South KoreaKOSDAQ 6000066.170.000.000.000.00
South KoreaKRX 8900064.380.000.000.000.00
JapanTOKYO 22770071.150.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
SingaporeSGX 660074.240.000.000.000.00
SwedenSTOCKHOLM 5340070.220.000.000.000.00
TurkeyBIST 2000.000.000.000.000.00
Vietnam HNX 1080072.220.000.000.000.00
Vietnam HOSE 110100.000.000.000.000.00
USOTC PINK 30070071.870.000.000.000.00
USNYSE 18770067.180.000.000.000.00
USNASDAQ 14000071.710.000.000.000.00
USFOREX 21050.000.000.000.000.00
UKLSE 19340067.530.000.000.000.00
KuwaitKSE 190073.680.000.000.000.00
NorwayOSE 1730073.990.000.000.000.00
NetherlandsAMSTERDAM 1810072.380.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
MalaysiaBURSA 1890072.490.000.000.000.00
MexicoBMV 1110065.770.000.000.000.00
UAEUAE 190063.160.000.000.000.00
Saudi ArabiaTADAWUL 1200067.500.000.000.000.00
QatarQE 260073.080.000.000.000.00
JapanFUKUOKA 400100.000.000.000.000.00
ChileBCS 340055.880.000.000.000.00
IndiaNSE 21430073.920.000.000.000.00
SwitzerlandSIX 3140068.470.000.000.000.00
CanadaTSX 9560067.990.000.000.000.00
CanadaCSE 190094.740.000.000.000.00
CanadaTSX-V 860069.770.000.000.000.00
BrazilBOVESPA 2450068.570.000.000.000.00
BelgiumBRUSSELS 430072.090.000.000.000.00
Austria WIENERBORSE 500066.000.000.000.000.00
ArgentinaBUE 1320068.180.000.000.000.00
IndonesiaIDX 1460076.030.000.000.000.00
Hong KongHKEX 11260071.940.000.000.000.00
Greece ATHENS 210071.430.000.000.000.00
FrancePARIS 4410071.200.000.000.000.00
SpainIBEX 810071.600.000.000.000.00
DenmarkCOPENHAGEN 850069.410.000.000.000.00
GermanyXETRA 8680069.820.000.000.000.00
ChinaSZSE 15390072.380.000.000.000.00
ItalyBORSA 6851070.510.000.000.01-0.01
BangladeshDSE 3041077.960.000.000.01-0.01
TurkeyBIST 2551075.290.000.000.02-0.02
EgyptEGX 2181067.430.000.000.12-0.12
USWARRANTS 671082.090.000.000.39-0.39
JapanNAGOYA 332069.700.000.000.52-0.52
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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