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 1/1/2016
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 87587.5071.4311.001.0010.00
PortugalLISBON 333100.00100.005.670.005.67
ArgentinaBUE 28161060.7158.827.001.415.59
QatarQE 1610762.5070.005.100.404.70
South KoreaKOSDAQ 26318212169.2066.485.211.064.15
USAMEX 1851408675.6861.435.031.073.96
IndiaNSE 88567344776.2766.225.051.143.91
ChinaSZSE 51838126473.5569.294.820.983.84
RussiaMICEX 80623977.5062.904.320.743.58
USOTC PINK 82060134973.9057.596.022.453.57
Poland GPW 81473158.0265.964.491.093.40
PakistanKSE 24118012074.6966.674.921.573.36
USNASDAQ 67547728071.4158.094.391.053.34
MalaysiaBURSA 98764677.5560.533.970.793.18
TurkeyBIST 114734864.0465.754.341.163.18
FrancePARIS 116855873.2868.243.660.513.15
IsraelTASE 2071217358.4560.333.800.872.93
IndiaBSE 2157163799275.8960.604.571.702.86
Vietnam HNX 51332164.7163.643.821.002.82
KuwaitKSE 128366.6737.503.380.632.75
Vietnam HOSE 134966171.6463.543.490.852.64
The World 132719534565471.9759.203.861.242.63
TaiwanGTSM 38529518976.6264.073.621.042.58
Hong KongHKEX 54240522774.9155.913.701.162.55
CanadaTSX 33624113371.7355.193.310.852.46
JapanTOKYO 74650530267.6959.803.341.002.34
EgyptEGX 124814265.3251.853.751.442.31
South KoreaKRX 38426816969.7963.063.110.832.28
SwedenSTOCKHOLM 2211528168.7853.294.261.992.28
BelgiumBRUSSELS 1912663.1650.004.832.582.25
SpainIBEX 43291967.4465.522.690.452.24
Saudi ArabiaTADAWUL 29221375.8659.092.860.642.23
ChinaSSE 31822713171.3857.713.161.022.14
SingaporeSGX 3622961.1140.912.820.861.95
TaiwanTWSE 33824817273.3769.352.500.621.88
GermanyXETRA 1451025771.0355.342.310.621.69
NorwayOSE 51412180.3951.222.851.201.66
USNYSE 63043022168.2551.402.380.751.63
IndonesiaIDX 58391967.2448.723.181.591.59
BangladeshDSE 123985379.6754.083.001.501.50
UKLSE 66843521365.2748.852.370.901.47
JapanNAGOYA 17151188.2473.332.471.001.47
ThailandSET 98714072.4556.342.410.961.45
Greece ATHENS 1310676.9260.002.300.901.40
ChileBCS 53260.0066.672.331.001.33
USPREFERRED 113764167.2653.951.450.371.08
NetherlandsAMSTERDAM 48321966.6759.381.470.500.97
JapanFUKUOKA 553100.0060.001.000.200.80
OmanMSM 42150.0050.001.000.500.50
SwitzerlandSIX 75563174.6755.361.751.270.48
MexicoBMV 69502772.4654.001.521.100.42
BrazilBOVESPA 64451971.8841.301.741.370.37
AustraliaASX 1591075667.3052.341.971.630.35
DenmarkCOPENHAGEN 139469.2344.441.891.670.22
ItalyBORSA 2902199975.5245.210.770.710.06
CanadaTSX-V 33241172.7345.832.252.210.04
TurkeyBIST 2000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 2117980.9552.942.532.530.00
PhilippinesPSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
UAEUAE 21050.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
Austria WIENERBORSE 139569.2355.561.001.22-0.22
JordanASE 332100.0066.670.671.00-0.33
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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