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 98688.8975.0010.631.009.63
PortugalLISBON 333100.00100.005.670.005.67
ArgentinaBUE 2414758.3350.006.862.074.79
QatarQE 138561.5462.504.750.504.25
South KoreaKOSDAQ 24317011069.9664.715.161.104.06
ChinaSZSE 47034023572.3469.124.860.963.90
USAMEX 1611217375.1660.334.951.223.73
USOTC PINK 68549729072.8558.126.302.583.72
RussiaMICEX 76613780.2660.664.460.843.62
Poland GPW 76422655.2661.904.811.243.57
IndiaNSE 75057737577.0764.884.741.193.55
PakistanKSE 22517211676.4467.445.011.613.40
MalaysiaBURSA 95734476.8460.274.000.813.19
TurkeyBIST 101674566.3467.164.421.243.18
Vietnam HOSE 127915871.6563.744.000.823.18
USNASDAQ 61243225271.0857.934.151.103.05
FrancePARIS 108815375.0065.433.630.583.05
IsraelTASE 1901146860.0059.653.680.932.75
KuwaitKSE 128366.6737.503.380.632.75
Hong KongHKEX 48236420575.7356.163.861.132.73
NorwayOSE 44351879.5551.433.801.142.66
IndiaBSE 1934146487775.7059.904.331.742.59
Vietnam HNX 49322065.3162.503.561.032.53
South KoreaKRX 35724515768.6364.083.260.742.52
The World 119538576503171.8158.613.791.272.52
TaiwanGTSM 35827317476.2663.743.591.082.51
Saudi ArabiaTADAWUL 24181175.0061.112.940.612.33
BelgiumBRUSSELS 1812666.6750.004.832.582.25
JapanTOKYO 67444526166.0258.653.311.072.24
CanadaTSX 29821111370.8153.553.170.942.22
SingaporeSGX 3320960.6145.003.100.952.15
SpainIBEX 39261766.6765.382.580.462.12
EgyptEGX 120804166.6751.253.501.462.04
OmanMSM 21150.00100.002.000.002.00
ChinaSSE 29220811471.2354.813.101.102.00
TaiwanTWSE 30622615773.8669.472.530.651.88
SwedenSTOCKHOLM 1971337167.5153.383.952.111.85
GermanyXETRA 128915071.0954.952.340.621.73
IndonesiaIDX 54371968.5251.353.351.651.70
ThailandSET 91643470.3353.132.661.021.64
USNYSE 58039019567.2450.002.340.711.63
JapanNAGOYA 19161284.2175.002.500.941.56
UKLSE 59239219366.2249.232.430.891.54
Greece ATHENS 1210683.3360.002.300.901.40
ChileBCS 53260.0066.672.331.001.33
BangladeshDSE 115924880.0052.172.741.581.16
NetherlandsAMSTERDAM 40291672.5055.171.410.550.86
JapanFUKUOKA 553100.0060.001.000.200.80
USPREFERRED 98663567.3553.031.140.390.74
MexicoBMV 66492874.2457.141.371.080.29
DenmarkCOPENHAGEN 107370.0042.861.431.290.14
ItalyBORSA 2772089575.0945.670.750.660.09
TurkeyBIST 2000.000.000.000.000.00
MalaysiaBURSA 1000.000.000.000.000.00
PakistanKSE 111100.00100.000.000.000.00
PhilippinesPSE 111100.00100.000.000.000.00
SwitzerlandSIX 67502574.6350.001.421.420.00
JapanSAPPORO 1000.000.000.000.000.00
AustraliaASX 140904464.2948.891.731.76-0.02
PhilippinesPSE 2016880.0050.002.562.69-0.13
CanadaTSX-V 30221073.3345.452.142.32-0.18
JordanASE 332100.0066.670.671.00-0.33
Austria WIENERBORSE 97477.7857.141.001.43-0.43
BrazilBOVESPA 56401573.2136.591.021.56-0.54
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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