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 65483.3380.0017.001.6015.40
UAEUAE 76585.7183.339.000.338.67
USAMEX 1261016580.1664.365.421.284.14
RussiaMICEX 55482887.2758.334.850.754.10
ChinaSZSE 38226516769.3763.025.491.454.05
ArgentinaBUE 2515860.0053.335.201.533.67
South KoreaKOSDAQ 26419712574.6263.454.641.113.53
Hong KongHKEX 49236921175.0057.184.641.143.51
ChinaSSE 28618410464.3456.524.791.323.47
IndonesiaIDX 71492869.0157.144.861.393.47
TaiwanGTSM 46234722975.1165.994.501.163.33
NorwayOSE 65472472.3151.064.401.133.28
USNASDAQ 77853232768.3861.474.631.443.19
BelgiumBRUSSELS 118372.7337.505.882.753.13
Poland GPW 88563463.6460.714.321.233.09
QatarQE 118472.7350.003.500.503.00
IsraelTASE 1751147065.7160.873.830.872.97
SpainIBEX 62442770.9761.363.820.862.95
EgyptEGX 1611146670.8157.894.351.422.93
FrancePARIS 134986873.1369.393.380.492.89
IndiaNSE 83262339074.8862.604.131.272.86
MalaysiaBURSA 82633776.8358.733.791.032.76
TaiwanTWSE 47734923473.1767.053.330.582.74
Saudi ArabiaTADAWUL 44342177.2761.763.410.682.74
TurkeyBIST 124886170.9769.323.640.932.70
IndiaBSE 1897141382874.5458.564.531.862.67
Vietnam HOSE 132935870.4562.373.490.852.65
USOTC PINK 81460031673.7152.675.182.562.62
The World 138789973583371.8858.473.771.282.49
BangladeshDSE 1331086381.2058.333.741.302.44
South KoreaKRX 35124315669.2364.203.411.002.42
OmanMSM 65283.3340.003.000.602.40
JapanTOKYO 121684651869.5761.233.280.892.39
CanadaTSX 36525815070.6858.143.070.732.34
Vietnam HNX 53321960.3859.383.311.092.22
PakistanKSE 2011599779.1061.014.192.032.16
SwedenSTOCKHOLM 2031347266.0153.733.391.451.94
ThailandSET 93743979.5752.703.181.271.91
UKLSE 82756230568.0854.172.480.861.62
DenmarkCOPENHAGEN 2721977.7842.862.520.901.62
KuwaitKSE 159360.0033.332.671.111.56
USNYSE 71149826770.0453.612.110.671.44
JapanFUKUOKA 87587.5071.431.430.141.29
GermanyXETRA 1731266172.8348.412.221.071.15
PortugalLISBON 775100.0071.433.001.861.14
JapanNAGOYA 15131086.6776.922.000.921.08
USPREFERRED 1371005072.9950.001.440.391.05
Greece ATHENS 1310676.9260.002.201.201.00
ItalyBORSA 34024412671.7651.641.270.590.68
ChileBCS 43175.0033.332.001.330.67
PhilippinesPSE 25201280.0060.003.002.350.65
NetherlandsAMSTERDAM 38281473.6850.001.180.610.57
SwitzerlandSIX 76602678.9543.331.350.830.52
AustraliaASX 1671216372.4652.071.681.350.33
BrazilBOVESPA 74512168.9241.181.861.650.22
MexicoBMV 72522472.2246.151.371.190.17
Austria WIENERBORSE 1310676.9260.001.401.300.10
TurkeyBIST 2000.000.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
JapanSAPPORO 1000.000.000.000.000.00
JordanASE 42150.0050.001.501.500.00
SingaporeSGX 5132962.7528.130.531.16-0.63
SwedenSTOCKHOLM 110100.000.000.001.00-1.00
USWARRANTS 53060.000.000.001.33-1.33
CanadaTSX-V 30231276.6752.174.266.70-2.43
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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